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Southwest Airlines Considers Boeing 787 Dreamliner for Potential Long-Haul Flights

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LUV$41.36 −0.86%BA$187.75 −0.30%

Southwest Airlines Co. (NYSE:LUV) is considering Boeing Company (NYSE:BA) 787 Dreamliner aircraft as its first widebody option. The carrier is evaluating the widebody jets as it explores the possibility of launching long-haul international flights. However, no final decision on the aircraft has been made.

A move to widebody aircraft would represent a significant strategic shift for Southwest, which has historically operated an all-Boeing 737 narrowbody fleet. The airline has reportedly looked into acquiring dozens of 787s and is exploring how quickly it could secure them, including looking at the secondary market and leasing options.

Any final acquisition must be approved by the airline's board of directors, which established a Fleet Oversight Committee last year. Investors will watch for official announcements regarding long-haul routes and fleet expansion plans, though Southwest recently stated it has no immediate news to share regarding its fleet.

Key points

  • Southwest Airlines is evaluating the Boeing 787 Dreamliner as its potential first widebody aircraft.
  • The airline is considering launching long-haul international flights but has not made a final decision.
  • Southwest has explored acquiring dozens of 787s, including through leasing or the secondary market.
  • The airline's board of directors and its Fleet Oversight Committee must approve any final aircraft purchase.

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Questions and answers

Is Southwest Airlines buying Boeing 787 Dreamliners?

Southwest is leaning toward the Boeing 787 for potential long-haul flights, but no final decision has been made.

Will Southwest Airlines launch long-haul international flights?

Southwest is considering long-haul international service as an option, but the plans are still under evaluation.

How many Boeing 787s is Southwest Airlines considering?

Reports indicate Southwest has contemplated a fleet of dozens of 787 aircraft, though details on the specific variants remain unclear.