So, there is NO way your airline could ever go BK? Ever? Alright, I just want to make sure you believe that 100%, because the former Pan Am, Eastern, and TWA guys probably thought the same way back when. I thought the same in the late 90s, but was proven wrong. Just try not to get too cocky here. I know it's tough for some of you Corndogs, but things happen. Simmer down a bit.
Bye Bye---General Lee
I never said what you just stated.
You need to take a chill pill yourself and police your writings, at least read for comprehension what others are posting.
I said, before SWA enters BK, they have a road of numerous revenue enhancing options. You make it seem as though BK for SWA is a foregone conclusion.
There have been more than a vocal few on this forum proclaim the demise of SWA by 2009, 2010, 2011, 12, 13. Still here, actually bigger. Getting close to 15% ROI.
Hard to fathom an airline going from 15% ROI to BK. We are not in the money laundering days of the 80's and 90's, using today accounting rules prevents all of those shenanigans.
Now, given 40 years of profitability, I have to say that yes, I will now state, I have 100% confidence, SWA will continue to make money, one way or the other. I do not see them turning into a money grinding machine like all the other legacies, taking ten years to get into BK, and another five to get out. That's not an LCC plan.
I do see them working with employees, taking drastic paycuts, and undercutting the renewed legacies, and yet again, those renewed legacies restarting their cycle through the courts all over again, the business cycle repeats. That's what I see as inevitable.
Happy hunting.
