Southwest Airlines Makes Schedule Changes

The changes reflect a new leisure travel dynamic. Southwest stated on its quarterly earnings call

[{"selector":"#anim-71c60f42-76ab-4e3f-8b10-0c236576dc91","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-01ad0f84-5644-4c6b-9b83-8242f73b4626","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ade92af1-c890-477f-b7fa-26770552aee8","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03c9682d-2c1e-42e3-adee-d123b5d562e9","keyframes":{"transform":["translate3d(0px, -742.61414%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

that it expects to make $500 million by reducing midweek flights and adding over 20 destinations.

[{"selector":"#anim-0a08b278-b19d-4f7b-a121-080b2f958737","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4e64ea0e-e8b6-4d7e-8f8e-948bb83ba44e","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-419c676e-2c01-4708-ab79-587e593acfd4","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bffbb2da-1b81-41ec-a583-3b63b4296614","keyframes":{"transform":["translate3d(0px, -574.97594%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Southwest CEO Robert Jordan anticipates business travel to recover slower

[{"selector":"#anim-81dc94f5-ddb2-4d30-abb0-4f834c987bb4","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5398cc1e-0505-4623-9dee-cf63777f8341","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-862388f3-3324-4be7-bdf1-1cd9b5fe2aff","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5096a14a-f3a7-46ea-84fc-7d9752704925","keyframes":{"transform":["translate3d(0px, -742.61414%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

than leisure travel. Southwest, for instance, is expanding flights to Phoenix and Florida.

[{"selector":"#anim-001110b4-ad16-44ec-b134-fa4feafd607a","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd7d309e-bfc6-4876-8ca2-54d010d392cc","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6e09d2a-ba28-454d-b799-b0e279622003","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8258cbcf-b73f-40d2-b70b-fa09e718f2f7","keyframes":{"transform":["translate3d(0px, -742.61414%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The airline faces more competition in Phoenix as American Airlines expands its hub.

[{"selector":"#anim-c98b07b3-f6dd-46de-9fcc-80a74658f4c6","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f7886a41-e728-40cd-b4d8-849e45b135f1","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-643db86b-3a77-4afb-893c-f35c363f5374","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d46a3c0-228e-4cbf-aa0b-7f90231beb8c","keyframes":{"transform":["translate3d(0px, -742.61414%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Southwest will reduce capacity on Tuesdays and Wednesdays, often business travel days,

[{"selector":"#anim-21988bb7-08a1-4ece-aa0a-2b522ced9bf1","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d2c90a0-f945-4684-9ef7-0393cf8c83de","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ffd094ae-eaaf-4083-b55c-0509e6995c8a","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-87631e33-74df-47b0-8192-9b479633b1ee","keyframes":{"transform":["translate3d(0px, -742.61414%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

to accommodate the new destinations. The airline will cut its less profitable late-night and early-morning trips.

[{"selector":"#anim-b332d75c-2973-4da9-ace2-e1a68fd0ba29","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6daa0271-9cce-4893-bdf1-e600277b9bcc","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09a938ee-db6e-4979-8285-a46efaf72c4a","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-33eab23d-5e91-459e-a45a-f051ffce7ca8","keyframes":{"transform":["translate3d(0px, -574.97594%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Southwest plans to deploy more planes for leisure trips while reducing business routes.

[{"selector":"#anim-ee62e889-710e-4574-99c0-0d7362163e5f","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-90c8bf3e-b983-44cd-a81c-9ccc3a679b2f","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-420ed9f2-be7b-4b0a-9673-fccc0ff360f4","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f225971b-6a50-4305-bfdc-942e9cd44977","keyframes":{"transform":["translate3d(0px, -742.61414%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Some efforts were made to beat a quarterly profit that topped Wall Street projections by $60 million.

[{"selector":"#anim-52eae9e7-36da-433d-8345-c48bb1754d98","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b67a931-c444-4dd1-acbb-99f76ed4e88a","keyframes":{"transform":["translate3d(0px, -345.29913%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf6f22f6-576f-4d4b-973a-dcfab9c643a2","keyframes":{"opacity":[0,1]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fce28f2-45b3-4a18-a41d-aad37f722bf3","keyframes":{"transform":["translate3d(0px, -574.97594%, 0)","translate3d(0px, 0px, 0)"]},"delay":475,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]