Inside these posts: 737 jets

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Southwest CEO: All but two planes back in service

A week after a hole ripped open on the fuselage of one of his planes, Southwest Airlines Chief Executive Gary C. Kelly said Friday that all but two inspected planes will be back in the air by Saturday.

During a panel discussion at a gathering of financial journalists in Dallas, Kelly said Southwest has inspected and returned to service 78 planes but is still making repairs on two Boeing 737s, including the plane with the damaged fuselage.

Boeing leaning toward building new 737

A model of the current Boeing 737 in Boeing's booth at a 2008 exhibition in Singapore. (AP Photo/Maye-E Wong, file)

Boeing Co. is still leaning toward building an all-new version of its hot-selling narrowbody 737, and the new plane would outperform Airbus’ competing A320neo, Boeing Chief Executive Jim McNerney said Thursday.

“We’re going to do a new airplane that will go beyond the capability of what the NEO can do,” McNerney said on a webcast of an event hosted by Cowen and Co.

He reiterated that the U.S. planemaker is still making its decision on whether to rebuild its 737 or simply put new fuel-efficient engines in the existing model. A redesigned plane would produce better fuel savings, but would take longer to bring to market. Get the full story »

Experts: Dubai firm canceled some 737 orders

The cancellation of 32 orders for Boeing 737s this week appears to have been by Dubai Aerospace Enterprise (DAE), and more order retractions could be coming from the airplane lessor, an analyst said on Friday.

Boeing declined to comment on Friday and has not identified the customer that canceled the order, potentially worth more than $2 billion. DAE representatives were not immediately available to comment. Get the full story »

Southwest Air pilots approve bigger Boeing jet

Southwest Airlines Co said its pilots approved changes to their labor agreement allowing the addition of a bigger-capacity Boeing Co 737 plane that will enable the carrier to transport more passengers as it expands.

The traditional low-fare airline, which is planning to buy rival AirTran Holdings Inc to bolster its presence in U.S. East Coast cities, said it would now move to finalize talks with Boeing on substitutions of 737-800 models for 737-700s. It added it expects delivery of its first 737-800 in the first quarter of 2012. Get the full story »

Sources: Airbus, Boeing mull further output hikes

Airbus and Boeing have begun sounding out suppliers on their ability to cope with further production increases of their most popular jets, taking combined output well above 80 a month within four to five years.

Three senior industry sources told Reuters consultations had started on a historic upswing which could see Airbus producing as many as 44 A320 single-aisle planes by 2014 or 2015 and its rival simultaneously rising to as many as 42 737s a month. Get the full story »

Flight attendants clear Southwest to fly bigger jets

Bloomberg News | A vote to approve contract changes Thursday by Southwest flight attendants has cleared the way for the airline to start flying larger737  jets on popular routes.