FlyBoeingJets
YES, that's NICE
- Joined
- Mar 20, 2003
- Posts
- 1,802
lowecur said:While other LCC's continue to grow at a much faster pace, SWA just can't seem to find the sweet spot on the LF front. I see they have put the midwest on sale to try and get some marketshare back. In the last quarter the emphasis has been on maintaining price and it should show in their 2nd quarter profit numbers, but Gary and Co are now starting to worry about losing market.
http://biz.yahoo.com/prnews/050706/daw009.html?.v=17
Bankrupt UAL Corp.'s (UALAQ: news, chart, profile) United Airlines said that systemwide traffic in June fell 1% while capacity for the month fell 3.4%. Load factor rose 2.1 percentage points to 88.1%, the company said. United's Pacific routes saw a large increase in traffic while North American routes slipped.
AMR Corp. (AMR: news, chart, profile) said that American Airlines' traffic in June rose 7.8% from last year while load factor increased 3.8 percentage points to 82.8%. Domestic traffic increased 5.1% while international traffic jumped almost 13.6%. Capacity rose 2.8% overall but domestic capacity was 0.4% lower.
You're right Lowecur, Southwest is in trouble and the Wright Amendment should be repealed immediately to bail the out. Otherwise bankruptcy may soon follow.