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0.00118103593723638 0.00286823013328837 0.00286485574489627 -0.00354310781170914 0.00134975535684154 0.0200809853214104 0.011979078791969 0.0119554580732242
Stock impact report

UPDATE 4-Southwest cuts Boeing jet deliveries after first quarterly loss in 9 years [Reuters]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: Reuters
Southwest cuts Boeing jet deliveries after first quarterly loss in nine years (Reuters) - Southwest Airlines Co ( LUV.N ) said on Tuesday it has agreed with Boeing Co ( BA.N ) to sharply cut its 737 MAX delivery schedule through 2021 and is reviewing its order book as the coronavirus pandemic caused its first quarterly loss in nine years. Southwest, which only operates Boeing 737s and is the world’s largest customer of the grounded 737 MAX, will take no more than 48 new 737 MAX jets before Dec. 2021, a fraction of the 123 it had originally scheduled. However, it has no current plans to cancel orders, Chief Financial Officer Tammy Romo said on a conference call, noting that a more fuel-efficient fleet “is still relevant and meaningful” even given current low oil prices and demand. Just months ago, airlines including Southwest were cancelling flights and delaying growth plans and aircraft retirements because the 737 MAX grounding left them without enough planes. Dallas-based Southwe Show less Read more
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