Southwest applies for Washington Reagan National rights from Austin, does not see a profit in the 1Q due to fuel costs

Southwest Airlines (Dallas) yesterday (March 12) filed an application with the U.S. Department of Transportation (DOT) for slots that would allow Southwest to offer the first-ever nonstop service between Ronald Reagan Washington National Airport (DCA) and Austin-Bergstrom International Airport.  The application also includes Southwest’s proposal to provide one-stop, same-plane service between Washington National and San Diego via Austin.  The proposed service is possible due to recent federal legislation that authorized new flights to cities beyond Washington National’s traditional 1,250 mile service perimeter.

In other news, according to this report by Reuters, the company does not see see a profit in the first quarter due to rising fuel costs. This would break WN’s long string of profitable quarters.

Read the report: CLICK HERE

On the fleet side, Southwest took delivery of its first Boeing 737-8H4 (N8301J) on March 8.

Copyright Photo: Michael B. Ing.

Southwest Slide Show: CLICK HERE