Southwest Airlines exits multiple airports as Boeing troubles weigh [FOX Business Network]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: FOX Business Network
Chief Executive Bob Jordan warned in its latest earnings report that the carrier has intensified its network optimization efforts to address underperforming markets. As a result of these efforts, the Texas-based carrier is closing operations at Houston's George Bush Intercontinental Airport in Houston, the Bellingham International Airport in Washington, the Cozumel International Airport in Mexico and the Syracuse Hancock International Airport in New York. Jordan placed some of the blame on Boeing's manufacturing delays, stating that "the recent news from Boeing regarding further aircraft delivery delays presents significant challenges for both 2024 and 2025." While he said it was disappointing to incur a loss in the quarter, the chief executive added that the company is "focused on controlling what we can control and have already taken swift action to address our financial underperformance and adjust for revised aircraft delivery expectations Southwest reported a loss of $231
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BA
Earnings
- 4/24/24 - Beat
BA
Sec Filings
- 5/3/24 - Form 8-K
- 5/1/24 - Form PX14A6G
- 4/24/24 - Form PX14A6G
- BA's page on the SEC website