Southwest Airlines said Tuesday it is increasing its order for Boeing’s smallest 737 Max model by nearly three dozen planes, citing an improvement in travel demand.
The Dallas-based airline said in a filing that will exercise options to increase its firm orders of 737 Max 7s by 34 planes, bringing its total order book for that plane to 234. The all-Boeing 737 airline also has orders for 149 Max 8 planes to be delivered through 2031, as the company retires older 737s.
Southwest expects its 2022 capital expenditures to total $1.5 billion, up from a previous estimate of $700 million.
CNBC