DOJ stipulates Love Field gates auctioned only to LCC's

[waveflyer]

All your free bags aren't helping your stock price and won't be helping your negotiations. You are in a no man's land between full service legacies with worldwide reach and ULCCs that can carry your passengers far cheaper than you can. And yes, Spirit is far cheaper than WN in a majority of cases. Bags included!

You know our stock price has doubled over the last year right?

 

[ROSWELL41]

You know our stock price has doubled over the last year right?

Pretty much every airline stock has been on the rise over the last 52 weeks. Your statement, while factual, means very little.

 

[Flopgut]

I speak to that by pointing out that nobody is being thrown off of Love Field now. American Airlines agreed to give up their gates there (that they weren't even using) as a condition to get the government to approve their merger with USAir. They didn't have to merge. They didn't have to agree to divest those particular things. They didn't have to agree to anything; they had an expedited court date to fight. Or, they could have picked other assets to divest themselves of to satisfy the government.



The actual fact is that American giving up sub-leased gates at Love Field is just like them giving up sub-leased slot pairs at LGA. It's an empty, face-saving gesture. How much of a burden is it for American to "give up" things they weren't even using in the first place? All it does is pads the list of things that they "gave up" so that the government could say that they got more concessions from the mega-merger than they really did.



Well, I suppose you could look at the side that Delta (who owned nothing there) might be forced out. But that's only because Delta didn't own the gates they were using, and its landlord got rid of the asset out from under them. But that's hardly Southwest's doing. They're more than welcome to bargain with the new owner (whoever that may be) to continue to rent those gates. On the other hand, maybe they should have bought them from American before all this went down; then they wouldn't be in this mess.



Bubba

Perfect BS.

Facts are: Delta is there, they want to stay. Gates are being made available and Delta is being EXCLUDED by the govt.

I'm going to excuse myself now. You need to go ahead and start theorizing another BS answer to how the hell you guys end up owning these gates after all this, because that's probably what's going to happen. DOJ knows they've eliminated the airline that will most likely bid as much as you, so once again, the govt has put a nice slow, fat strike over the plate for you. Better also get set to help edit Wikipedia as they write about this so you can make sure SWA maintains the awe shucks schtick. Maybe even write another musical?

 

[jonjuan]

You know our stock price has doubled over the last year right?

It has also doubled over the last 10 years.

 

[HowardBorden]

Here you go Bubba:

http://airchive.com/blog/2013/10/18/dallas-love-field/

Have a nice evening cherry picking out of context quotes from it, but it's a fairly good account. The paragraph following the Muse Air picture speaks to other carriers desiring to use Love.

You're hilarious Flop! You post an article that you claim supports your harebrained theories when it actually refutes everything you claim as true.

 

[HowardBorden]

Perfect BS.

Facts are: Delta is there, they want to stay. Gates are being made available and Delta is being EXCLUDED by the govt.

Actually, the status quo is being preserved. Delta owned no gates before and will own no gates after the divestiture. If Delta had purchased the gates from American they would have been able to hold on to them. As it stands, Delta will have the exact same circumstance post divestiture, they will have the same ability to attempt a lease from the new owner of the gates.

 

[Skank]

Cue in Genital's drivel in 3....2....1.....

Admirable, you can conjure the general out of the wide world web. But what do you do once he appears? It seems to be easier to call him forth than to put him away again.

 

[scoreboardII]

Pretty much every airline stock has been on the rise over the last 52 weeks. Your statement, while factual, means very little.

Small point, a 13% ROIC this year with a projected over 15% next year, oh, SWA is quaking in their shoes.

Be careful about becoming a takeover target....

 

[ROSWELL41]

Small point, a 13% ROIC this year with a projected over 15% next year, oh, SWA is quaking in their shoes.

Be careful about becoming a takeover target....

I may be in the minority, but I think WN could try to takeover Spirit. If it's cheaper to purchase them vs put them under competitively, I have no doubt WN will do whatever is cheaper. Although, you guys will have your hands full for quite a while with FL.

 

[slaquer5]

I may be in the minority, but I think WN could try to takeover Spirit. If it's cheaper to purchase them vs put them under competitively, I have no doubt WN will do whatever is cheaper. Although, you guys will have your hands full for quite a while with FL.

Your on the right track . I am sure there is going to be another purchase . Question is. When and Who. ?

 

[freightdogfred]

Your on the right track . I am sure there is going to be another purchase . Question is. When and Who. ?

Those poor ba$tards

 

[ATLplt]

Those poor ba$tards

Us poor ba$tards.

Unless they accept a staple, (not gonna happen), a lot of us are going to get pushed down the list even further.

 

[SWA Bubba]

If you really care, most recently GK was asked about exactly this. He said that his focus now is on "organic growth." He talked about being excited to grow, especially internationally, in all of North America. Industry analysts believe that, and are bullish on Southwest growth. You guys can talk anonymously on a pilot bitch board all you want about another acquisition, but all signs point to actual growth--you know, hiring new guys off the street and buying more planes. That's good for all of us, FAT and OSW alike.

Or if you just want to bitch about worst case and how bad your life is, then don't let me interrupt you. Carry on.

Bubba

 

[ATLplt]

Bubba, I would LUV to see organic growth, but just because GK says something doesn't mean I should believe it. During section 6 negotiations I'd be spouting off "Growth! Growth! Growth!" if I was in his position as well.

Worst case scenarios, especially plausible ones, are talked about ad nauseam on here, but what do you expect? Many fear the worst, including me, because we're still looking for the silver lining from the last deal. That goes for SWA and AT pilots alike.

 

[redflyer65]

SWA totally cornholed their rapid rewards customers not long ago. I don't think other airlines frequent flyers got hurt by bk as bad as SWA frequent flyers took it in the shorts. Be nice to get those customers back looking at a legacy again, cause when you accumulate the benefit they mean a hell of a lot more than they do on SWA. Wait til those SWA RR folks try to go international...

Hey Flop, you take notice of Delta's move today? Just like Southwest....moving to a points system instead of a mileage system.

You wanna talk about conrholed....it's just a matter of time before Smisek figures out the same deal, then you can come back on here and tell us about how good you crap program is...

Of course Smisek isn't the smartest guy so it could take him awhile. He sure knows how to paint planes though. The rest? No so much.