FurloughedTwice
Well-known member
- Joined
- Nov 9, 2005
- Posts
- 104
We have pricing power, baby!!!
For paycuts, we would have to lose lots of money. I mean lots of cash. Name one healthy (airline) company that has asked and gotten paycuts from its employees? None, most were near or in bankruptcy for that to happen. We would have to be near bankruptcy for this topic to come up and I don't see that happening.
I agree that a lot would have to go wrong for SWA to sink into bankruptcy in the near future but if you guys think it can’t happen then I guess you haven’t been paying attention to the industry for the last 80 years. (Or the last 34 years in SWA’s case) Actually if you look at it from a statistical standpoint it will happen at some point in the future. SWA is a very well managed airline and I applaud that but you would be naïve if you thought “it can’t happen to us”. Just ask some of the UAL pilots that. I touched on this before but even your CEO said if it wasn’t for the fuel hedging SWA would not have made money. ( I know, that’s already under "pilot" debate) But it is a public company so that information is available if you are interested.
I think SWA is a great airline but you guys need to cool it on the egos a little bit. Just sit back and enjoy it because it won't last forever.