Could this be the start of the END of Southwest Airlines?

[Data]

In other news, Southwest pilots still make more than Delta pilots flying heavy equipment on international routes.

 

[Whataburger]

Yes we lost money, BUT...

Southwest posts 3Q loss on fuel hedges

Southwest Airlines falls to 3Q loss on fuel-hedging charges, AirTran boosts revenue






David Koenig, AP Airlines Writer, On Thursday October 20, 2011, 11:24 am
DALLAS (AP) -- Southwest Airlines Co. suffered its first losing quarter in two years because its fuel-hedging bets turned sour when oil prices fell this summer.

But its fares rose and planes were packed. That helped the company's airline business make money in the third quarter
Southwest's results suggest that air travel is holding up despite nervousness that consumers and companies will cut back because of the weak economy.

The discount airline, which flies more U.S. passengers than anyone, said Thursday that bookings, including business travel, have remained strong into October. It predicted that revenue per passenger will keep rising in the last three months of the year.

Investors seemed to focus on travel demand and shrug off the hedging losses. The company's stock price rose 23 cents, or 2.6 percent, to $8.94 in morning trading.Southwest reported a third-quarter loss of $140 million, or 18 cents per share, compared with a profit of $205 million, or 27 cents per share, a year earlier.

The loss included $262 million in special items, including costs related to the purchase of AirTran Airways but mostly tied to fuel hedges that fell in value. Southwest's last losing quarter, in 2009, was also marked by fuel-hedging setbacks. Hedging is like insurance against a spike in oil prices; airlines use it to smooth out volatile energy prices.

Airlines must recalculate their hedges every quarter, and Southwest's lost value when crude prices fell by about one-sixth during the period. Southwest didn't lose cash, but must report the lower value on its books. With oil swinging up in recent weeks, Southwest said its hedges have regained some of the lost value.





Can't get away from those accounting charges. And look, the title says Airtran boosted revenues. Too bad the culture has been rocked.



Bye Bye---General Lee

So, nope, not the beginning of the end. It's just a losing 3rd quarter that will not prevent a profitable entire year. It would be a shame to let this quarter prevent 40 straight years of profitability.

Yes the culture has been rocked, but just like anything else, stablility is in our future.

 

[Whataburger]

In other news, Southwest pilots(FO's flying to LBB) still make more than Delta pilots(CA's) flying heavy equipment on international routes.

Your news was off just a bit.

 

[SWAdude]

Good lord!

What kind of sick f*** would start such a thread.

Are you so hateful that you would love to see the demise of 45,000 families livelihood?

I would not wish that for anyone or company. You may think you can use a moniker and that does not reflect on your character but you are sorely wrong. Your character is who YOU have to live with, not anyone else.

You are one lame excuse for a human being. Really. Allow that to sink in for a moment.

By the by, SWA and Delta will both do just fine. Both are financially healthy and offer a good product to its customers. Not that you deserve the privilege to work for either company. You represent Delta in a horrible light and I have no doubt they would not have hired you if they had a hint at how you represent that good company. You are one that I have absolutely have no doubt is viewed as one that slipped through the cracks.

Truly pathetic.

 

[On Your Six]

In other news, Southwest pilots still make more than Delta pilots flying heavy equipment on international routes.

Not if your hedging continues to be bad. You guys and American really had a bad one!


Godspeed!


OYS

 

[scoreboardII]

This message is hidden because Genitalia Lee is on your ignore list.

 

[FDJ2]

As the Airtran pilots cast their vote, just remember that the promise of a pay raise is just a promise, but seniority is forever. GK has already broken one promise, don't be fooled again.

 

[SWAdude]

As the Airtran pilots cast their vote, just remember that the promise of a pay raise is just a promise, but seniority is forever. GK has already broken one promise, don't be fooled again.

WTF are you talking about?

 

[SWAdude]

Not if your hedging continues to be bad. You guys and American really had a bad one!


Godspeed!


OYS

Why don't we add up the cumulative profits and losses for Delta and SWA for the past 40 years and then make an intelligent statement.

 

[On Your Six]

Good lord!

What kind of sick f*** would start such a thread.

Are you so hateful that you would love to see the demise of 45,000 families livelihood?

I would not wish that for anyone or company. You may think you can use a moniker and that does not reflect on your character but you are sorely wrong. Your character is who YOU have to live with, not anyone else.

You are one lame excuse for a human being. Really. Allow that to sink in for a moment.

By the by, SWA and Delta will both do just fine. Both are financially healthy
and offer a good product to its customers. Not that you deserve the privilege to work for either company. You represent Delta in a horrible light and I have no doubt they would not have hired you if they had a hint at how you represent that good company. You are one that I have absolutely have no doubt is viewed as one that slipped through the cracks.

Truly pathetic.

He just asked a question. You could always answer: NO.

But remember, girls like Sasha are always bashing Delta, and look at the genius response from your local idiot Data. If you really want to look at pathetic, look how your union and management treated the Airtran pilots. You talk about families being affected. That's truly pathetic.


Godspeed!


OYS

 

[On Your Six]

Why don't we add up the cumulative profits and losses for Delta and SWA for the past 40 years and then make an intelligent statement.

Let's start with last year and this year. You will lose.


Godspeed!


OYS

 

[SWAdude]

He just asked a question. You could always answer: NO.

But remember, girls like Sasha are always bashing Delta, and look St the genius response from your local idiot Data. If you really want to look at pathetic, look how your union and management treated the Airtran pilots. You talk about families being affected. That's truly pathetic.


Godspeed!


OYS

Tell me General Lee. How did my company affect the families of Airtran?

You are not even being honest with your self. Pathetic.

 

[GuppyWN]

You guys are feeding the trolls. I have all three of them ignored.

Gup

 

[SKC]

SWADude, you do know that OYS/GL intentionally post things JUST to rile people up, right? They may or may not actually think that way, but regardless, it is posted SOLELY to upset you.

Why everyone doesn't have those jokers on ignore is beyond me.

 

[atails]

Good lord!

What kind of sick f*** would start such a thread.

Are you so hateful that you would love to see the demise of 45,000 families livelihood?

I would not wish that for anyone or company.

.

Hate to say this but my pilot group is forced to take a sub-par deal or face the demise of our families livelihood