(Reuters) - Southwest, the leading U.S. discount carrier, intends to
adjust its route schedule to slow capacity growth to about 6
percent for 2007 and 2008, down from a planned increase of
about 8 percent, CEO Gary Kelly said during a company analyst
conference.
Southwest has gotten off to a slow start this year,
buffeted by tougher competition and softening demand for air
travel. It has said it will likely not grow revenue fast enough
to achieve its long-standing target of 15 percent growth in
earnings before special items this year.
Read more at Reuters.com Market News
adjust its route schedule to slow capacity growth to about 6
percent for 2007 and 2008, down from a planned increase of
about 8 percent, CEO Gary Kelly said during a company analyst
conference.
Southwest has gotten off to a slow start this year,
buffeted by tougher competition and softening demand for air
travel. It has said it will likely not grow revenue fast enough
to achieve its long-standing target of 15 percent growth in
earnings before special items this year.
Read more at Reuters.com Market News
No comments:
Post a Comment