Southwest Airlines CEO Gary Kelly stated: "Despite the cautious economic outlook, our booking trends remain strong. Importantly, business travel has remained stable since spring. Based on Oct-2011 traffic and booking trends, thus far, we expect solid passenger unit revenue year-over-year growth in 4Q2011." The company said it continues to make progress with integration of AirTran, and expects to be able to connect the carriers' networks in 1H2012. Mr Kelly said the company has already saved USD60 million in annual costs by renegotiating AirTran contracts and cutting overhead and expects to eventually save USD400 million p/a.
Southwest Airlines: Strong bookings expected 'despite the cautious economic outlook'
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North America Fleet Outlook
North American airlines have roughly 2132 aircraft on order, of which nearly 61% are narrowbody jets pegged for replacement and aircraft upgauge as the region’s large global network airlines continue their strategy of shedding 50 seat jets.
Emirates has multiple reasons for cutting back on US capacity
As the most conspicuous and largest, Emirates Airline often takes on its shoulders the increasingly difficult task of defending Gulf aviation. Emirates often single handedly represents the Gulf and "Middle East Big 3", in much the same way as Dubai carries regional geopolitics.
Just as there are significant differences between the Big 3 US airlines who have strenuously opposed the Gulf carriers in the US market, so Emirates is fundamentally different from its peers: it is longer established, has a larger home market and has had a more commercial mandate from the beginning.
Yet Emirates must compete in a market where many others would like a piece of that market. Just as Dubai Inc modelled itself in many ways on Singapore Inc, there are many who would follow the same trail. This does not lead to steady market conditions.
Certainly the policies of US President Trump have hurt aviation and tourism. But Emirates' announcement of a 19% reduction in services to the United States is less about US policies and more about the nature of the market forces that started before Trump was even a serious Presidential contender.