TODAY'S TOP STORY
By TERRY MAXON / The Dallas Morning News
Southwest Airlines Co. said Tuesday
it is cutting its planning growth in 2008 to five or 10 new airp***s, compared to the original 34 airp***s it had planned and the 19 airp***s it had retrenched to earlier in 2007.
Southwest chief executive officer Gary Kelly said the carrier's "operating revenue performance quarter-to-date has been solid rising roughly three percent per ASM on a year-over-year capacity increase of almost six percent.
"However, we are concerned about growing evidence of slowing economic growth that would
inevitably affect passenger demand, coupled with a surge in energy prices," he said in a press release.
The slowing of its fleet expansion will mean that Southwest will still grow its capacity 4 to 5 percent in 2008, he said.
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TOMORROW D/FW International Airport has proposed changes to valet parking services that could force the biggest operator, Freedom Park, out of business. Loyal executive customers are hopping mad. Columnist Cheryl Hall discusses in tomorrow's Business section |
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