"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-07-20T12:40:55Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/07/18/otto-aviation-fuel-efficient-hydrogen-airplane-ah-orig.cnn"
data-branding-key="innovate"
data-video-slug="otto aviation fuel efficient hydrogen airplane ah orig"
data-first-publish-slug="otto aviation fuel efficient hydrogen airplane ah orig"
data-video-tags="air transportation,aircraft,aircraft maintenance,aviation and aerospace industry,business and industry sectors,business, economy and trade,commercial and general aviation aircraft,energy and environment,energy and utilities,energy efficiency and conservation,environment and natural resources,transportation and warehousing"
data-details="">
Video Ad Feedback
The world's 'most fuel efficient' commercial airplane wants to make flying cheaper
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-07-14T18:32:00Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/07/14/marketplace-europe-airlines-summer-travel.cnnbusiness"
data-branding-key="marketplace-europe"
data-video-slug="marketplace europe airlines summer travel"
data-first-publish-slug="marketplace europe airlines summer travel"
data-video-tags="air transportation,airlines,airports,business and industry sectors,business, economy and trade,continents and regions,international air transport association,middle east,middle east and north africa,misc organizations,qatar,transportation and warehousing"
data-details="">
Video Ad Feedback
Summer travel: Airline bosses still hopeful despite surges and setbacks
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-05-16T23:18:52Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/05/16/ryanair-ceo-boeing-expletives-mc-orig.cnn-business"
data-branding-key=""
data-video-slug="ryanair ceo boeing expletives mc orig"
data-first-publish-slug="ryanair ceo boeing expletives mc orig"
data-video-tags=""
data-details="">
Video Ad Feedback
Ryanair CEO blasts Boeing in expletive-laden remarks about slow delivery of 737 jets
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-28T20:40:39Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/28/boeing-ceo-air-force-one-deal-with-trump-orig-ht.cnn-business"
data-branding-key=""
data-video-slug="Boeing CEO Air Force One deal with Trump orig ht"
data-first-publish-slug="Boeing CEO Air Force One deal with Trump orig ht"
data-video-tags="air force one,aircraft,aviation and aerospace industry,boeing co,business and industry sectors,business, economy and trade,companies,company activities and management,company earnings,donald trump,financial performance and reports,financial results,government and public administration,government bodies and offices,military,military aircraft,political figures - us,politics,us federal government,white house"
data-details="">
Video Ad Feedback
Hear CEO admit Boeing 'probably shouldn't have' made Air Force One deal with Trump
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-04-19T15:23:32Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/04/19/mask-mandate-removal-airlines-muntean-sot-vpx.cnnbusiness"
data-branding-key=""
data-video-slug="mask mandate removal airlines muntean sot vpx"
data-first-publish-slug="mask mandate removal airlines muntean sot vpx"
data-video-tags="aircraft,aviation and aerospace industry,business and industry sectors,business, economy and trade,centers for disease control and prevention,coronavirus,coronavirus pandemic,diseases and disorders,epidemics and outbreaks,government organizations - us,health and medical,infectious diseases,life forms,microscopic life,public health,public transportation,respiratory diseases,transportation and warehousing,us department of health and human services,us federal departments and agencies,viruses,air transportation,airlines,decisions and rulings,law and legal system,trial and procedure"
data-details="">
Video Ad Feedback
See airline passengers throw away masks as mandate is revoked
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-03-31T21:20:00Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/03/31/lufthansa-ceo-airspace-closure-challenges-qmb-vpx.cnnbusiness"
data-branding-key=""
data-video-slug="lufthansa ceo airspace closure challenges qmb vpx"
data-first-publish-slug="lufthansa ceo airspace closure challenges qmb vpx"
data-video-tags="air transportation,airlines,asia,business and industry sectors,business, economy and trade,companies,continents and regions,lufthansa,roads and traffic,russia-ukraine conflict,transportation and warehousing,transportation infrastructure,unrest, conflicts and war,eastern europe,europe,ukraine,celebrities,richard quest"
data-details="">
Video Ad Feedback
Lufthansa CEO: 'Huge operational challenges' in airspace closures
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-02-07T18:08:27Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/02/07/delta-airlines-unruly-flight-passengers-no-fly-list-buttigieg-ath-vpx.cnn"
data-branding-key=""
data-video-slug="delta airlines unruly flight passengers no fly list buttigieg ath vpx"
data-first-publish-slug="delta airlines unruly flight passengers no fly list buttigieg ath vpx"
data-video-tags="accidents, disasters and safety,air transportation,air transportation safety,aviation security,business and industry sectors,business figures,business, economy and trade,companies,delta air lines inc,ed bastian,government and public administration,government bodies and offices,government departments and authorities,government organizations - us,justice departments,pete buttigieg,political figures - us,politics,safety issues and practices,transportation and warehousing,travel and tourism,travel safety and security,us department of justice,us federal departments and agencies,us federal government"
data-details="">
Video Ad Feedback
An airline is asking for an unruly passengers no-fly list. See Buttigieg's response
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-31T18:24:05Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/28/all-electric-plane-alice-orig.cnn-business"
data-branding-key="innovate"
data-video-slug="all-electric plane Alice orig"
data-first-publish-slug="all-electric plane Alice orig"
data-video-tags="air transportation,business and industry sectors,business, economy and trade,commuting,ground transportation,transportation and warehousing"
data-details="">
Video Ad Feedback
Watch world's first all-electric aircraft get ready to fly
"
data-check-event-based-preview=""
data-is-vertical-video-embed="false"
data-network-id=""
data-publish-date="2022-01-28T13:35:07Z"
data-video-section="business"
data-canonical-url="https://www.cnn.com/videos/business/2022/01/28/united-opens-flight-school-pilot-shortage-newday-muntean-vpx.cnn"
data-branding-key=""
data-video-slug="united opens flight school pilot shortage newday muntean vpx"
data-first-publish-slug="united opens flight school pilot shortage newday muntean vpx"
data-video-tags="air transportation,airlines,business and industry sectors,business, economy and trade,companies,diversity,education,education systems and institutions,human resources and personnel management,labor and employment,primary and secondary education,societal issues,society,transportation and warehousing,united airlines,vocational and technical training,continents and regions,north america,the americas,united states"
data-details="">
Video Ad Feedback
United opens first flight school owned by major US airline
Southwest
(LUV) CEO Gary Kelly said that the airline’s board, at his suggestion, has asked its management team to study whether it should keep Boeing
(BA) as its sole supplier of aircraft.
“Where we go from here is a question that we will address next year as to whether or not the strategy we have deployed for 48 years is the one that we want for the next 48 years,” said Kelly in an interview on CNBC on Thursday. Kelly said Southwest will look at both the question of whether Boeing is the right partner going forward, and the wisdom of keeping only one aircraft type in its fleet.
Southwest has 34 of the 737 Max in its fleet, the most of any airline. The airline reported Thursday the grounding has cost it $435 million through the end of September. Southwest expects the costs will continue to climb as it awaits a return to service and the delivery of additional jets it has ordered.
Reaching an agreement with Boeing over how it will compensate Southwest for damages is a key focus for the company right now, Kelly said.
Announcing that it is considering ending the single-jet policy could give Southwest some leverage in those negotiations with Boeing.
In response to Kelly’s comments, Boeing issued a statement saying Southwest Airlines is a valued customer.
“We have been in constant contact with our customers to support them during this difficult time and our decades-long relationships are very important to us,” said Boeing. “We will continue to work closely with them to reach a fair and reasonable outcome.”
For Southwest, having two different aircraft types would raise the cost of training pilots, as well as the cost of spare parts and maintenance. Southwest’s policy of having only one aircraft type has often been cited as helping it operate at a lower cost than its competitors.
Kelly said there is a safety advantage of having only the 737 in its fleet.
“Every [Southwest] pilot is an expert on the 737. So there’s a lot of advantages, not just efficiency, but safety advantages to being devoted to one aircraft type,” he said. “I’m not saying we’re going to change. I’m simply acknowledging it is something that will need to be reviewed.”
Southwest looked at its single jet policy at the time that Boeing announced plans to launch the 737 Max in 2011, Kelly told investors Thursday. But this is the first time Southwest has announced a board-approved reconsideration of its single jet policy.
“I feel we are obligated to do is just debate the wisdom strategically of having a sole source vendor,” he said in a press call after speaking with investors.
“We may discover, I doubt it, but we may discover that it is better to have two airplanes economically and operationally,” he said.
But Southwest will be forced to consider a change at some point in the future if Boeing decides to end production of the 737 Max, according to aerospace analyst Richard Aboulafia of the Teal Group.
“The 737 Max will certainly be the last 737,” said Aboulafia. “Thus within the next 10 years, they’ll need to prepare for a future with a completely different type, for the first time in the airline’s existence.”
Kelly said the review won’t take place until it is able to get the 737 Max back in service.
He still believes that Boeing is a great company. “But I’ve been very clear, we’re not happy about our situation,” he said.