Southwest Airlines CEO Says Aircraft Downtime Should Be Minimal To Complete The Cabin Changes; Have A Fleet Of Roughly 800 Aircraft To Retrofit And That Will Take Time; Changing From An Open Seating Model To An Assigned Seating Model Will Be A Complex And Transformational Change; At This Point, Not Considering Changing Free Bag Policy
Portfolio Pulse from Benzinga Newsdesk
Southwest Airlines CEO announced that the company will be transitioning from an open seating model to an assigned seating model, which will be a complex and transformational change. The retrofit will involve roughly 800 aircraft and will take time, but aircraft downtime should be minimal. The company is not considering changing its free bag policy.
July 25, 2024 | 5:22 pm
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Southwest Airlines is transitioning to an assigned seating model, which will involve retrofitting roughly 800 aircraft. The CEO assures minimal aircraft downtime and no changes to the free bag policy.
The transition to an assigned seating model is a significant operational change for Southwest Airlines. While it will be complex and time-consuming, the CEO's assurance of minimal downtime and the retention of the free bag policy are positive signals for investors. This could improve customer satisfaction and operational efficiency in the long term.
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