Southwest Airlines cuts capacity and rethinks 2024 financial forecast, citing Boeing problems

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Southwest Airlines cuts capacity and rethinks 2024 financial forecast, citing Boeing problems
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Southwest joined other airlines in forecasting fewer Max deliveries from Boeing as the manufacturer struggles with a quality control crisis.

Southwest said it would reevaluate its 2024 financial forecast because of Boeing's delivery delays this year.

Boeing is facing a quality control crisis in the wake of a blown fuselage panel on an Alaska Airlines flight earlier this year.said Tuesday that it will have to trim its capacity plans and reevaluate its financial forecasts for the year, citing delivery delays from Because of the delays, Southwest said in a filing that it is "reevaluating all prior full year 2024 guidance, including the expectation for capital spending."

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