LUV Halts All Growth

[Whataburger]

The date on your article is almost a year old.

I know, but common sense usually doesn't prevail here, so who cares how old the article is right?

 

[727C47]

what is it about SWA,that brings out all the haters?,sorry folks, I DH all over the country,And LUV puts the best overall product out there,(I'm not dissing DAL,AA and sundry),they will weather this storm.

 

[satpak77]

I don't know if I would say SWA will weather the storm, but I will say that SWA is best capable to weather it.

In time, this storm may sink all the ships in it's seas....lets say a prayer for everybody folks, we are talking moms and dads trying to put food on the table.

good luck

 

[bravodude]

Quimby,

You're welcome! Living down in the Dallas Fort Worth area, it’s kind of hard to get away from all the LUV news. Yes, there’s little doubt that there is a certain amount of envy from across town at how LUV’s management has handled their airline over the last decade. Their management has been the envy of all especially in their hedging department.

But, the times are a changing as they say. Herb has now stepped aside. Their hedge advantage which has been propelling their growth the last five years has been lost. Their productivity advantage has been minimized through the legacy bankruptcy contracts. Yes, LUV is still a great airline, but they are one of the big boys now along with all the associated troubles. They’re not as nimble as they once were. Like it or not though, LUV is the bellwether for the industry. As LUV goes, so does the rest of us now.

We all hope the growth cycle will last forever, though it’s a numerical impossibility. This is what the rest of us realized as we fought so hard over the Age 65 rule. Believe me, over at AA – we know stagnation!! A good amount of us will hit our 20 year point still throwing gear and topped out at a 68% cap. It’s pretty amazing how fast the house of cards can tumble down. Over at AA, we faced the same dilemma after 911 when the economy dumped.

For the most part, over at AA, we’ve been moving backwards or stagnated for the better part of a decade. We had some slight movement the past year as a bunch of senior guys locked into a higher B-Fund price as the stock market plunged. We also had a limited number of recalls but that looks like it’s done for the next four years as Age 65 rears its ugly head over here.

Let’s face it, the career has changed. The junior folks over at LUV will have a much different career that that of their senior pilots. I just hope SWAPA holds the line on scope. Our careers are depending on it.

AA767AV8TOR

how can we hold` the line on scope when you guys gave it up.

 

[brokedash]

I don't know about you guys but here in Las Vegas I hear about a friend or neighbor that is loosing their job ever three to four days. Construction here is at a standstill for new projects. It just isn't looking good.

Vegas is taking a beating for many reasons. One is that fact it is a tourist driven destination. Two most of all the growth, espically home wise, was all instigated by pure greed on the part of speculative leeches who jacked the rates to far more than the homes would ever be worth simply because LAS is a nice, warm place year round and there were plenty of people that would pay to live there (even if they couldn't afford it) simply to avoid brutally cold weather elsewhere.

While I emphathize with those looking to be warm year round, I don't think many of those descending on LAS should have gotten the mortages they did. Had they not been able to obtain those mortages, perhaps housing prices would have fallen when the speculators started getting choked out and further the home buyer would have had a realistic mortage they could afford and that probably wouldn't have sent our economy inot a tail spin.

 

[contrail67]

I know, but common sense usually doesn't prevail here, so who cares how old the article is right?

Here is a more current article....today.

http://news.moneycentral.msn.com/ticker/article.aspx?Feed=AP&Date=20090303&ID=9661896&Symbol=LUV

 

[The Prussian]

Here is a more current article....today.

Nah.....that's yesterday's news...I want to hear about the latest,...you know,...ATL....

Prus and the boys....

 

[Scope out RJ's]

how can we hold` the line on scope when you guys gave it up.

You can't hold on to anything because you're too busy holding your skirt blowing in the wind.

 

[Cobra17]

I just hope SWAPA holds the line on scope. Our careers are depending on it.

AA767AV8TOR

I heard they are getting an extra $5/hour in exchange for new feeder airline "SWA Eagle". Schwiiing!!!

 

[Whataburger]

Here is a more current article....today.

http://news.moneycentral.msn.com/ticker/article.aspx?Feed=AP&Date=20090303&ID=9661896&Symbol=LUV

Actually we announced months ago that our traffic would fall 4-6%, so this is new news based on an old announcment. At least our load factor went up.