You mean like after 9-11? You had so much demand worldwide for the Delta product you declared bankruptcy....Pensions....gone...Payrates....less than Valujet....
Frightful how stupid you really are.....
You need to change your moniker from General Lee to Jefferson Davis...
Lee was brilliant...Davis...not so much...
Looks like your Q3 quarter last year was better than this year. Oh well, I have read DL's Q3 profit was estimated at $790 million or so.
Earnings Preview: Southwest to report 3Q results
Published: Tuesday, 18 Oct 2011
DALLAS - Southwest Airlines Co. reports third-quarter results on Thursday, and analysts expect the discount airline to post a profit on higher traffic and revenue than a year ago.
WHAT TO WATCH FOR: Investors will be listening for any hints about travel demand in late fall and winter.
Southwest may have raised alarms when it launched a sale Tuesday with fares as low $35 each way, suggesting that it needed to fill seats during the usually slow period.
WHY IT MATTERS: Airlines packed in passengers during the summer. Average occupancy — so-called load factor — was sky-high. But vacation season is over, and concern is growing that the weak economy could convince vacationers and companies to cut back on travel.
Any major drop in traffic and revenue — something worse than the usual seasonal decline — would add to fears that 2012 will be more challenging than 2011 for the airlines, which are already burdened by higher fuel costs.
Airlines have been cutting flights — reducing the supply of seats — to keep prices up, and it seems to be working. The Air Transport Association, an industry trade group, said Monday that full planes meant that revenue per mile on U.S. flights rose 14 percent in September.
The U.S. market "continues to impress," said Helane Becker, an analyst for Dahlman Rose & Co. She said Tuesday that Southwest, which carries more U.S. passengers than anyone, should benefit from the strong revenue market.
Investors will also want to hear about progress in combining Southwest and AirTran, which the company bought in May. Airline mergers are notoriously difficult because of differences in technology, planes and labor groups.
AirTran pilots have slowed the process of joining with Southwest pilots — they're represented by separate unions — which could indicate that the merger is going more slowly than Southwest had expected.
WHAT'S EXPECTED: Analysts surveyed by FactSet expect Southwest to
report net income of $88 million on revenue of $4.17 billion. Excluding one-time items, the adjusted earnings should be 13 cents per share, according to the analysts.
LAST YEAR'S QUARTER: In the July-September quarter of 2010, Dallas-based Southwest reported net income of $205 million, or 27 cents per share, on revenue of $3.03 billion
Bye Bye----General Lee