So much for the huge growth rumor at SW

[scoreboardII]

When you use those rates you need to normalize the other benefits like defined pension, 401k, etc

Besides 9.3% 401k match to federal limits, a SWA rate is all you get

 

[jonjuan]

At ALPA they definitely change. Lots of swings. Ours has stayed pretty well in line with inflation. It just looks like a lot bc no other carrier, or all tue middle class, has been able to keep up.

So once again...."you're just mad cause we tell it like it is, and you tell it how it might be."
I know frank white might not be your style, but you earn the line almost every post.

Oh sweetie, are you really looking for sympathy? You like to keep up with your family, but they really are trying to better their lives.

Understand your career failed multiple times and now you feel you have entered the red zone. Mad-we get, but john wilson will not make you feel breaking bad.

 

[Skybus]

Six, Never said it would be dropped. YOu are right this WILL happen. Commentary is how the end result could be for Trannies. Just sayin..

 

[Skybus]

]He wants it rejected in hopes of keeping SWA out of DAL's backyard. He's only concerned with himself, and not the AirTran pilot group. Don't be fooled by him.

[/COLOR]

Huh? wrong again Sherlock. SWA here.

 

[maxblast72]

Contract is almost up, but you prefer to think current wages will always stick around.

Delta Contract almost up but it is going to be a fight to get more money.

According to Delta 10-Q filed last week, Delta had $3.8 billion cash and short term investments and over $13 billion in long term debt (over 3 times as much debt as cash). Delta's operating profit for the first 6 months of 2011 ($389 million) wasn't even enough to pay the interest bill for the first 6 months of 2011 (a below the operating line expense of $454 million). Those numbers don't point to a great contract coming anytime soon.

For comparison, SWA made a $321 million operating profit for the first 6 months of 2011 and paid only $94 million in interests payments. SWA is the only airline out of the big 5 that has more cash and short term investment ($4.4 billion) than long term debt ($3.2 billion).

Hard to argue with the arithmetic but I am sure someone will.

 

[On Your Six]

Delta Contract almost up but it is going to be a fight to get more money.

According to Delta 10-Q filed last week, Delta had $3.8 billion cash and short term investments and over $13 billion in long term debt (over 3 times as much debt as cash). Delta's operating profit for the first 6 months of 2011 ($389 million) wasn't even enough to pay the interest bill for the first 6 months of 2011 (a below the operating line expense of $454 million). Those numbers don't point to a great contract coming anytime soon.

For comparison, SWA made a $321 million operating profit for the first 6 months of 2011 and paid only $94 million in interests payments. SWA is the only airline out of the big 5 that has more cash and short term investment ($4.4 billion) than long term debt ($3.2)

Hard to argue with the arithmetic but I am sure someone will.

Great speculation Neal Cavuto. You really don't know, just guessing. DL actually paid down $2 billion in debt last year, and is on track to bring it down to $10 billion within the next year or so, which has already brought down the yearly interest payments. DL made $950 million in bag fees alone last year, whereas SWA made zero. And, SWA pays more for gas now than the legacies (stated by GK in Q2 numbers brief), and will have to give huge raises to all AT employees shortly, which may take away the LCC moniker it has always enjoyed. Son, you need to worry about your own deal and this SLI fiasco you have been dealt. Another thread had an article too about SWA and 717s, and it didn't sound as rosy as previous posts. Good luck Kramer. Godspeed!




OYS

 

[scoreboardII]

Chief executive officer Gary Kelly said yesterday that "we don't see a reason to keep the 717s longer than we have to, or find a unique replacement for the 717 that is anything other than the 737".


http://www.flightglobal.com/articles/2011/08/05/360443/southwest-appears-less-bullish-on-717.html

 

[Lear70]

Chief executive officer Gary Kelly said yesterday that "we don't see a reason to keep the 717s longer than we have to, or find a unique replacement for the 717 that is anything other than the 737".


http://www.flightglobal.com/articles/2011/08/05/360443/southwest-appears-less-bullish-on-717.html

Bad timing on all those disclosures. Has all the pilots thinking much harder about being at the bottom of the list...

 

[embraerdriver]

Thats the icing on the cake for me.........

 

[redflyer65]

Aren't there enough combined (SW and AAI) orders to easily replace the 717 on a scheduled basis?

RF