Southwest forecasts no recovery in the near future
Southwest Airlines CEO, Gary Kelly, stated in Jun-2009, "there is no clear evidence" the economy is about the recover, adding it is "crazy to assume and bet on things improving anytime soon…The green shoots are pale green at best." Business class travel remains weak for the LCC, which, it stated, is reducing traffic on shorter routes and sales of last-minute, full fare tickets.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.