Southwest Postpones Delivery of 67 Boeing 737 Max Jetliners
- New fleet plan will defer deliveries as far out as 2025
- Airline seeks to limit costs as non-aircraft investment peaks
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Southwest Airlines Co. will postpone delivery of 67 Boeing Co. 737 Max 8 aircraft by as many as six years, pushing $1.9 billion of spending on planes into the next decade.
The airline also plans to accelerate six 737-800 orders to next year from 2018 to help cover the already announced early retirement of its oldest 737s. The moves are the second shakeup of Southwest’s aircraft order book since 2013 and were unveiled in a presentation to investors Thursday.