Southwest pilots' hours may be cut due to Boeing delivery delays: Reuters [Yahoo! Finance]
Southwest Airlines Company (LUV)
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Source: Yahoo! Finance
Southwest Airlines isn't commenting on the possibility of reduced hours for pilots. The president of the pilot's union tells FOX 4 they've had preliminary talks, but said Southwest does not need their agreement to offer any voluntary paid time off. According to Reuters, Southwest is considering reducing the hours because of over-staffing costs brought on by a delay in the planned delivery of dozens of Boeing jets "I think we've heard rumblings here now for several weeks that, yeah, the deliveries were going to be delayed, certainly impacted in a very big way," said travel expert Gabe Saglie. Southwest Airlines is being hit especially hard because the carrier only operates Boeing aircraft. In an earnings call last week, CEO Bob Jordan said it's getting less than a quarter of its ordered jets from Boeing as the aircraft manufacturer continues to deal with ongoing safety concerns. "I think it's concerning, certainly for anybody who flies and in those Southwest loyalists, thi
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