Southwest CEO Kelly: Top Priority Is Air Traffic Control

The transcript discusses Southwest Airlines' $500 million technological overhaul, focusing on improvements in reservation systems and customer experience. It highlights the expansion of international routes, particularly to Cuba, and addresses concerns about market capacity. The need for airport improvements and air traffic control modernization is emphasized, with a focus on efficiency and technology. The transcript also covers Southwest's fuel hedging strategy, explaining its long-term benefits and financial impact.

What is the primary focus of Southwest Airlines' recent technological changes?

• Enhancing in-flight entertainment

• Improving the reservation system

• Expanding the fleet size

• Reducing ticket prices

How does Southwest Airlines view the concerns about market capacity to Cuba?

• They agree with the concerns

• They are considering new routes

• They believe the concerns are unfounded

• They plan to reduce flights

What is identified as the top priority for improvement in airport operations?

• Reducing airport fees

• Modernizing air traffic control systems

• Increasing the number of flights

• Building more terminals

What is the main challenge with the current air traffic control system?

• High operational costs

• Lack of trained personnel

• Use of outdated technology

• Limited flight routes

What is the purpose of Southwest Airlines' fuel hedging strategy?

• To invest in alternative fuels

• To eliminate fuel costs

• To stabilize fuel costs

• To increase fuel consumption

How has Southwest Airlines' fuel bill changed since 2013?

• It has fluctuated significantly

• It has remained the same

• It has decreased by $2 billion

• It has increased by $2 billion

What analogy is used to describe the necessity of the hedging program?

• Like having a savings account

• Like investing in stocks

• Like having insurance

• Like paying off debt