Southwest posts loss on buyouts, hedging

[Kharma Police]

http://www.youtube.com/watch?v=xITVFgxcDIg

"Warriors.....come out to playyyyy....."

http://www.youtube.com/watch?v=MV4cgs-bPic&feature=related

"Can you dig it?????????????"

I love that movie, a classic!!!! For me, the first thought that popped in into my mind after reading the cheesy warrior quote from the wanna-be Herb was the, "Ultimate Warrior" of WWF fame.

http://www.youtube.com/watch?v=ffXJodvm66E

http://www.youtube.com/watch?v=vj6c7VuErLw&NR=1

 

[Volasl]

Southwest does charge for bags. They charge for the 3rd and any that are over weight. Gary Kelly also stated on CNBC this morning that the policy could always change in the future.

 

[generaltso]

SWA will add bag fees... I guarantee it. Also loads everywhere are very high.

 

[RedDogC130]

I will take a loss of 16 million after special items over the next couple of reports coming in the next few days......say what you want....all airlines are bleeding now and the first to lose all their blood will be gone. I hope someone goes because it will be good for the industry as a whole....anyone saying otherwise can't see the big picture.....I hope it is not my airline and you probably hope it is not yours.....It will suck for the empoyees but the industry will turn around because all those passengers will fly someone else who then can make money.

 

[spacecadet1]

That means nothing. One guy? Did you look at the graphs? I have nothing against Southwest at all. You have a great product but I think it's only a matter of time before you guys start doing the same. The only questions is, how much will it cost to check a Hefty garbage bag?

Thanks for the laugh! I'm thinking Jethro and Ellie May. But to SW's credit, they are a survivor. The aren't immune to the industry's problems as a whole, but they have figured out the part about taking care of the employees first (something most of the others haven't figured out yet; not taught in Harvard MBA school).

 

[FIREMAN]

WN loads are increasing and decreasing everywhere else in part due to the lack of bag fees.

AirTran traffic jumps 11 percent in September

That is with bag fees

 

[hoover84]

Southwest's cash balance fell to $902 million in the third quarter from $1.4 billion at the end of 2008.

 

[Secret Squirrel]

Difference is Southwest has a LOT of assets. Most of the legacies have already leveraged everything that is not nailed down. Southwest can lease back a lot of airplanes for a lot of cash. Plus most of the routes they fly THEY control pricing. Sourthwest is waiting for someone to die. They have just started the bleeding Untied has been doing for 9 years. And theirs is just a flesh wound. Compare balance sheets and you will see two completely different companies. They Year end report showed around $14 billion in just aircraft assets. . Plus they bought back over a billion dollars in stock last year. Probably not the greatest Idea but all that stock sitting around can be used like cash. Don't cry for Southwest yet.

 

[no1pilot2000]

No worries.....

........for SWA. Compared to other airlines, in good and bad economic times, they still, and will continue to do JUST FINE! I once attened a SWA job information session at BWI. They told me that the airline can buy new 737's with cash. If this is true, the airline can't be doing that bad.

 

[Dan Roman]

http://www.atwonline.com/news/story.html?storyID=18200

 

[Full of LUV]

Well, well

http://www.atwonline.com/news/story.html?storyID=18200

I'm actually quite proud of my pilot bretheren, on this thread at least.

A little loss to SWA has taken some of the SWA bravado down a few notches to a healthy pride in one's company.

I havn't detected any ill wishers wishing doom and gloom on one of the only airlines that appeared to have a sustaining business model.

Good luck to us all in this economy!

 

[GuppyWN]

I have always been proud to work for SWA. My pay has always been decent, if not outstanding.

The problem I have been having for the past couple of years is internal attitude. We, from the top down, don't treat each other like we used to. My biggest, slightly unrelated, beef is codeshare.

Gup

 

[Jetjockey]

....say what you want....all airlines are bleeding now and the first to lose all their blood will be gone. I hope someone goes because it will be good for the industry as a whole....anyone saying otherwise can't see the big picture....

OK, how about your airline?

 

[redflyer65]

I thought it was a 23 million dollar profit..

 

[RedDogC130]

OK, how about your airline?

what about it? I do not understand your question. Please word it a different way.