{"id":42380,"date":"2023-07-30T21:39:10","date_gmt":"2023-07-31T01:39:10","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/southwest-airlines-converts-some-boeing-737-max-7-orders-to-max-8-amid-delays\/"},"modified":"2023-07-30T21:39:12","modified_gmt":"2023-07-31T01:39:12","slug":"southwest-airlines-converts-some-boeing-737-max-7-orders-to-max-8-amid-delays","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=42380","title":{"rendered":"Southwest Airlines converts some Boeing 737 MAX 7 orders to MAX 8 amid delays"},"content":{"rendered":"
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\u00a9 Reuters. A Southwest passenger flight approaches to land at San Diego International Airport in San Diego, California, U.S., February 3, 2023. REUTERS\/Mike Blake<\/span>
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(Reuters) – Southwest Airlines (NYSE:) has exercised options for the delivery of 30 Boeing (NYSE:) 737 MAX 7 planes next year, and converted 24 existing MAX 7 orders to MAX 8, the company said in an SEC filing on Friday.<\/p>\n

The move comes two days after Boeing said the first delivery of the 737 MAX 7 was delayed to 2024 as it tries to secure Federal Aviation Administration certification for the narrow-body jet.<\/p>\n

Southwest’s decision to convert some MAX 7 orders to the MAX 8 model, which is already in operation, would buffer the impact of the delivery delays.<\/p>\n

On Thursday, Southwest Airlines issued disappointing forecasts for the current quarter and full year after missing estimates for second-quarter results, fueling concerns about the strength of domestic travel demand in the United States.<\/p>\n

Southwest Airlines has plans to fly the MAX 7 “at some point next year”, but if not, it would take MAX 8 orders instead, CEO Robert Jordan said on a post-earnings call on Thursday.<\/p>\n

(This story has been corrected to say Southwest, not Boeing, issued forecast on Thursday in paragraph 4) <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. A Southwest passenger flight approaches to land at San Diego International Airport in San Diego, California, U.S., February 3, 2023. REUTERS\/Mike Blake (Reuters) – Southwest Airlines (NYSE:) has exercised options for the delivery of 30 Boeing (NYSE:) 737 MAX 7 planes next year, and converted 24 existing MAX 7 orders to MAX 8, […]<\/p>\n","protected":false},"author":1,"featured_media":13658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-42380","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nSouthwest Airlines converts some Boeing 737 MAX 7 orders to MAX 8 amid delays | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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