Southwest CEO Gary Kelly Talks About 737 Max Grounding

The transcript discusses the current status and future plans for the Max aircraft, including its grounding by the FAA and the expected timeline for its return to service. It also addresses the impact of these issues on the relationship with Boeing, including financial damages and leadership changes. Additionally, it covers ongoing negotiations for compensation due to the delays, highlighting the company's primary objectives of resolving these issues and ensuring the Max's safe return to the air.

What is the assumption about the Boeing 737 Max's return to service?

• It will be ungrounded by the FAA in January.

• It will be ungrounded by the FAA in November.

• It will be ungrounded by the FAA in December.

• It will be grounded indefinitely.

Who is the new executive in charge of Boeing's commercial division?

• Dennis Muilenburg

• Gary Kelly

• Stan Deal

• Kevin McAllister

What is the company's stance on the financial damages incurred due to the Boeing 737 Max issues?

• They believe the damages are irrecoverable.

• They have not incurred any financial damages.

• They believe the damages are recoverable.

• They are not concerned about the damages.

What has Boeing done in response to the compensation talks?

• Boeing has increased the price of the 737 Max.

• Boeing has refused to compensate.

• Boeing has set aside reserves for compensation.

• Boeing has ignored the compensation talks.

What are the company's two primary objectives moving forward?

• To increase production and reduce costs

• To settle with Boeing and get the Max back in the air

• To develop a new aircraft model and improve safety

• To expand into new markets and hire more staff