SWA blurb

[lowecur]

Just read over at Planebusiness that an analyst projects that 40% of the FA's at WN will be making at least $60K at the end of the new contract in 2008. Just as I suspected, the contract is backloaded. The costs are nominal for the first few years, but radically increase in the last two years of the contract.

I listen to the pilots talk about the fact that they probably won't get a raise when Sect 6 starts, but they expect the company will offer them some other goodies to satisfy them. And these are the realistic people. I can't imagine what guys like Snoopy58, and Canyonblue are thinking. You people are truly living in a fantasy world.

It's amazing to me how Gary Kelly keeps pulling these rabbits out of his hat. Unfortunately, the magic show has run out of tricks. As I said, a CASM of 8. just won't cut it in today's market. This number will go exponentially higher in the next few years, and yields and RASM will decrease as the other "younger" LCC's and morphing "legacy's" will put tremendous pressure on WN's bottom line.

Look for a 15-20% haircut, or the E-series.

 

[miles otoole]

yawn....

 

[Falcon Jet 1]

Yeah i guess that schedule change in oct wont help either, savings of over 180 million per year through better productivity.n That will keep that casm up their wont it Lowercur. You reallly need to do better research before ya start ranting from your pie hole about how WN is eventually going to tumble.

 

[SkiMoguls]

Lowecur,

Do you work?

 

[TexaSWA]

Just read over at Planebusiness that an analyst projects that 40% of the FA's at WN will be making at least $60K at the end of the new contract in 2008.

That is roughly top out for a 13 year FA who flies 100 trips/month avg in 2008. No where near 40% of the group.

 

[N1atEcon]

Hey dumb nuts. Why do you always post this worthless trivia from all of theses self proclaimed airline "analysts." These guys are about as accurate as the USA Today journalist. I am still laughing at your CAT III comment. Dumb A$$.
Pilot: "Sure is windy today"
Lowecur: "Better use that CAT III thingy, it is great for high winds." LOL

 

[jdru25]

I am glad wn's F/A's are getting a good contract. It's good to hear that someone is getting a raise rather than taking concessions. I have faith that Kelly will keep the company profitable just like it has been for the past 30 or so years. At least they show LUV for their employees!!!

 

[lowecur]

Yeah i guess that schedule change in oct wont help either, savings of over 180 million per year through better productivity. This I gotta see, a computer that re-schedules planes where they are most productive. And to boot, it has already figured out that it will save the company $180m. LOL. That will keep that casm up their wont it Lowercur. Yes. What about the pilot raise this year of what 11.4% in Sept? Add to that the back loaded FA contract, and the Sect 6 where SWAPA will be looking to squeeze more from mgt. You reallly need to do better research before ya start ranting from your pie hole about how WN is eventually going to tumble.

.....

 

[N1atEcon]

Once again Lowecur you have shot your mouth off about things that you know nothing about. Do you work for USA Today? Our raise in sept is not 11.4%. Now go to the regionals section and try to find some one who actually cares about your beloved EMB.

 

[lowecur]

Hey lowecur. Why do you always post this worthless trivia from all of theses self proclaimed airline "analysts." These guys are about as accurate as the USA Today journalist. So give me some information that will refute that 40% of the FA's will not be making $60K. I am still laughing at your CAT III comment. You're funny as hell. I know. I'm glad you thought I was serious.
NE1-Home?: "Sure is windy today"
Lowecur: "Better not wear your "roadkill" today, it may blow off. LOL

.....

 

[lowecur]

Once again Lowecur you have shot your mouth off about things that you know nothing about. Do you work for the National Enquirer? Maybe. Our raise in sept is not 11.4%. Sooo, how much? Now go to the regionals section and try to find some one who actually cares about your beloved EMB. Why, I have you're attention now. Knock, Knock, NE1-home?

.....

 

[SWAdude]

Lowecur,

I must admit I am amazed at the amount of accurate detail you have in your numbers. We haven't recieved the final numbers for our raise in Sept., but I think you have. 11.4 percent sounds about right. Again I find your number crunching to be more or less pretty accurate. With some exceptions.

Your ability to take these numbers and look into the future appears to be rather weak. You lean very positive on some fronts and very negative on others no matter what the news.

SWA has always had cost problems. From day one. History has shown that they manage these problems very well. Unlike others in this business. We might not be making record profits, but we are making a profit. A pretty decent one at that.

In this horribly depressed airline industry I would be happy to be breaking even.

SWAdude

 

[lowecur]

Lowecur,

I must admit I am amazed at the amount of accurate detail you have in your numbers. We haven't recieved the final numbers for our raise in Sept., but I think you have. 11.4 percent sounds about right. Again I find your number crunching to be more or less pretty accurate. With some exceptions.

Your ability to take these numbers and look into the future appears to be rather weak. You lean very positive on some fronts and very negative on others no matter what the news. Well, you have to admit that $180m savings is rather forward looking on an unyet proven system.

SWA has always had cost problems. Every business has cost problems. It just ticks me off that you have the most ethical and transparent mgt team in this business, and from what I've heard from some of the employees it's all about "me", rather than the company. I would like to hear from a few pilots that the company comes first, and if we need to take a "haircut" to make this company "long term profitable" - we'll get it done at the next section 6. Most of the other pilot groups have reason to point to unethical mgt teams, but this next contract will fall right in your laps. You need to step up and take a leadership role if need be. Of course I'm sure you're going to tell me this is all premature, and lets see what the numbers look like at that time. From day one. History has shown that they manage these problems very well. Unlike others in this business. We might not be making record profits, but we are making a profit. A pretty decent one at that.

In this horribly depressed airline industry I would be happy to be breaking even. That's not good enough. This airline needs to make 10-15% profit margins.

SWAdude

.....

 

[TexaSWA]

The new scheduling system, through increased efficiency, will equate to six added aircraft per year. 6 aircraft x $30M = $180M.

The vast number of our pilots know that the company comes first. Remember, the September raise is part of a contract extension that was voted on pre Sept. 11th. when everyone was making money. It was agreed upon, in part, to postpone the section 6, thus giving the company a better edge in the industry. Dont tell me we don't know who pays us.


"...and from what I've heard from some of the employees it's all about "me", rather than the company..."

Who exactly are you hearing this from?

 

[Falcon Jet 1]

Lowercur, Are you that ignorant to think that WN doesnt have the ability to see yields on every market and to forecast(sometimes scarily accurate)future demand. Do you think that they just get togehter in schedule planning, smoke a huge bong and then walla, a new schedule for the next 3 months. The savings are going to be at least 180 million, in effect the new schedule has produced 6 more aircraft and it will delay the opening of a new pilot base for at least another year. Productivity on the lines are also greatly increasing.They can be the highest paid because they are 35-40% more productive than any other major. The pilots of SWA are the leaders that is why they are presently on year 10 of a 12 year contract. And yes the first five years no raise and the last 5 were cost of living. Ill bet you that the fourth qt casm is 7.6 or lower, how about a wager for some of those pos shares of the south american airplane company you own

 

[lowecur]

Lowecur, Are you that ignorant to think that WN doesnt have the ability to see yields on every market(I believe that) and to forecast(sometimes scarily accurate)future demand(that's hard to believe). Do you think that they just get togehter in schedule planning, smoke a huge bong and then walla, a new schedule for the next 3 months. No, they are much smarter than that. The savings are going to be at least 180 million, in effect the new schedule has produced 6 more aircraft and it will delay the opening of a new pilot base for at least another year. Productivity on the lines are also greatly increasing.They can be the highest paid because they are 35-40% more productive than any other major. The pilots of SWA are the leaders that is why they are presently on year 10 of a 12 year contract. And yes the first five years no raise and the last 5 were cost of living. I still haven't heard anyone tell me they will offer a haircut if needed at the next section 6. Ill bet you that the fourth qt casm is 7.6 or lower, OK, I'll take that bet. how about a wager for some of those pos shares of the south american airplane company you own? You shouldn't talk that way about the future a/c you'll be flying.

.....

 

[Falcon Jet 1]

No you freakin dummas, the mantra is going to be full pay till the last day at SWAPA hdq. Why in the world would i be flying an erj? If youre intent is to say that Wn will have to buy them than you must be a hell of lot smarter than Kellerher or Kelly. These two individuals do not take ritalin for there ADD like neelmann. What is your background, Iwould be interested to know this since about 99.9% of your forecasts are inaccurate.

 

[canyonblue]

If a Flight Attendant at Delta fly’s 65 hours and makes $30,000 a year and a Flight Attendant at Southwest fly’s 130 hours and makes $60,000 a year which airline has the better deal. The F/A's gave away a little QOL to get a bigger hourly rate, a mistake in my opinion, and will be worked harder and more often than any other group in the majors.



Kelly said it best...PRODUCTIVITY, PRODUCTIVITY, PRODUCTIVITY.

Now excuse me as I have to go change the water in Lowecur's momma's bowl.

 

[LUVChild]

"That's not good enough. This airline needs to make 10-15% profit margins."

Lowcur, while I rarely agree with anything you say on this board, in that area you are correct. Southwest generally aims for a 15% profit margin, and in the past few years, we haven't even come close. If we want our investors to stick around, profits need to start increasing. It's one thing to say, "Hey, we're still profitable where other airlines aren't!" But the investors quite frankly don't care, because they don't have to invest their money in the airline sector, period. There are thousands of publically traded companies in which to invest one's money.

And yes, I do worry at times that some of our Employees think SWA is invincible. I've had some Employees tell me as much. Some of them think that Gary Kelly and our management Team will take care of them forever. What those select Employees don't realize is that if we don't keep our costs down and remain the most productive, the greatest management Team on earth won't make a bit of difference. And keeping costs low has to happen at BOTH the management and frontline levels.

But you know what? Our pilots, in my experience, are the workgroup that demonstrates the "greed" trait the least. They truly take ownership of Southwest. They have a pride and sense of responsibility to this Company that I wish every workgroup had (although the mechanics come close, IMHO). So I think you're barking up the wrong tree when you try to talk to the SWA pilots on this board about the "me" syndrome.

Also, in a time where costs are of utmost concern, that seems to give more fuel to the fire of reasons we WON'T bring the ERJ onboard. I personally don't see how that could lower our CASM. I can see, however, where another fleet type would actually increase our CASM. Southwest's mentality has always been that if an airport can't support 737 service, we won't fly there. And there are still a lot of airports that we don't fly into that are seeking our service. If you've listened to SWA Leadership as of late, you would know that the ERJ debate has been effectively closed. We're not getting them anytime in the forseeable future. Much to your dismany, I'm sure.

 

[lowecur]

No you freakin dummas (is that Polish?), the mantra is going to be full pay till the last day at SWAPA hdq. Now I believe that. Why in the world would i be flying an erj? Why not? If youre intent is to say that Wn will have to buy them than you must be a hell of lot smarter than Kellerher or Kelly. Not a hell of a lot. These two individuals do not take ritalin for there ADD like neelmann. That was a low blow. From what I hear, he is a very nice person. What is your background, Iwould be interested to know this since about 99.9% of your forecasts are inaccurate. I'm a semi-retired insurance agent, and an amateur airline analyst. Can't you tell?

You need to loosen up your tie. Sit back take a deep breath. Above all, do not drink before you fly, or you will be removed from the a/c.