Airtran posts 4th quarter profit of 1.9 million

[redflyer65]

Ya think so...man you better drop to your knees and pray this merger happens. That's the problem with you big Southwest guys. Ya never have been through any concessions, furloughs, or bankruptcy. There is a reason why the NWA/Delta merger was so successful. They have been through the school of hard knocks, and so has AirTran. Why is Gary buying them? You guys have some of the most expensive union contracts in the world. Southwest cannot afford it in the long run with companies like JetBlue, the legacies, and AirTran eating away at their profits. I think this will turn into another USAir/AWA debacle. The majors should prepare themselves for the kill. This just might be the opportunity to finally slaughter the two main low cost carriers in this industry.

I'm not so sure the NW/DL merger has turned out all that successful from a business stand point.

NINE fleet types with rising fuel cost is starting to creep in. Can you imagine the parts required to have on hand to operate they many different planes? Plus the simulators and sim time?

At least this acquistion doesn't have too much of that friction.

I see Gary using his Guadalupe Holdings 'get out of jail' card if he doesn't get the numbers and work force he's looking for..

He won't allow this to ruin SW. Don't see it happening. Herb won't either. He's still very involved at the GO. Still there most days of the week.

 

[texman]

I'm not so sure the NW/DL merger has turned out all that successful from a business stand point.

NINE fleet types with rising fuel cost is starting to creep in. Can you imagine the parts required to have on hand to operate they many different planes? Plus the simulators and sim time?

At least this acquistion doesn't have too much of that friction.

I see Gary using his Guadalupe Holdings 'get out of jail' card if he doesn't get the numbers and work force he's looking for..

He won't allow this to ruin SW. Don't see it happening. Herb won't either. He's still very involved at the GO. Still there most days of the week.

I agree, GK and company will take care of there own first. That's why I feel confident it will be good for all.

 

[Max Powers]

There is a difference between an income statement and a balance sheet. The IRS does not allow you to go out and buy a bunch of stuff (stock, office buildings and aircraft are all assets) or pay off stuff that you have already bought, or pay yourself in order to reduce profit. Trust me, I tried that.

Ummm Yes it does. It is called a (legal)write-off.

 

[FlyinGuy]

Y Southwest cannot afford it in the long run with companies like JetBlue, the legacies, and AirTran eating away at their profits.

Yep that 1.9 per quarter is going to sink the whole operation!

 

[Bake]

Ummmm, sorry Max but no they don't. Capital assets are depreciated over time, not written off.

 

[Max Powers]

Ummmm, sorry Max but no they don't. Capital assets are depreciated over time, not written off.

Well it depends....And he wasn't referring specifically to "capital assets".

But then again I only spent 7 years as a CPA.

 

[Bake]

You must have not been a very good one if you only did it for 7 years and then came to this industry.

 

[CaptWidgeon]

:laugh:
bake, i was thinking the same thing.

 

[birdman1]

I'm not so sure the NW/DL merger has turned out all that successful from a business stand point.

NINE fleet types with rising fuel cost is starting to creep in. Can you imagine the parts required to have on hand to operate they many different planes? Plus the simulators and sim time?

At least this acquistion doesn't have too much of that friction.

I see Gary using his Guadalupe Holdings 'get out of jail' card if he doesn't get the numbers and work force he's looking for..

He won't allow this to ruin SW. Don't see it happening. Herb won't either. He's still very involved at the GO. Still there most days of the week.

[FONT=&quot]One of three outcomes will happen with this deal.

1.) Both pilot groups reach a fair SLI that pleases both sides. This will not only lead to a successful merger but a major force to reckon with in the airline industry. This is a very unlikely scenario. But, I hope I am wrong...this deal will be good for both the employee and the customer.

2.) DOJ does not approve the deal. I'm sorry to say, but this is very likely. Can't go into the details.

3.) Another USAir/AWA...this is also very likely. You SWA guys just cannot get off your high horse. When are too many stables enough? Bad karma is about to catch up to you.


[/FONT]

 

[Max Powers]

You must have not been a very good one if you only did it for 7 years and then came to this industry.

Have fun throwing gear for me.

 

[scoreboardII]

OK birdman, hypothetical, shoes on the other foot, somehow, magically, the CEO of AT decides to buy Republic. Where do YOU as the bottom AT pilot want those pilots?

 

[redflyer65]

Scoreboard,

The more appropriate analogy would be if AAI bought Mesa.

Remember your talking about a 50-100% payscale windfall, then add better QOL and retirement with profit sharing. Not even close to the same. So far away from NW/DL it's night and day.

 

[avi8tor007]

I make 163 as a 12 yr captain. We agreed to a less than stellar TA to bridge this SWA-AAI deal (last TA turned down had 180 at top pay rate). Our retirement is 10.5% w/no match necessary. 18 days off, blah blah blah.That doesnt seem like 50-100% windfall.

Of course your rate, QOL, etc. is better. but lets not bend the facts here!

 

[FlyinGuy]

[FONT=&quot]
2.) DOJ does not approve the deal. I'm sorry to say, but this is very likely. Can't go into the details.[/FONT]

What???!!!! Does your daddy work for the DOJ????

[FONT=&quot] 3.) Another USAir/AWA...this is also very likely. You SWA guys just cannot get off your high horse. When are too many stables enough? Bad karma is about to catch up to you.[/FONT]

It is funny how it is always the SWA guys that are egotistical and unreasonable. Try reading some of the AT posts but you need to take off your rose colored glasses first.

 

[scoreboardII]

My bad Redflyer!

We agreed to a less than stellar TA to bridge this SWA-AAI deal

Think about this statement for a few minutes....































































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