SWA profits off 77%

[B737Dvr]

And if you know that then why have you not picked up that the math doesn't work that simply?

The health of our company is represented by the .19 a share. If you take into consideration the cost of the failed UK terrorist plot, we would have beat Wallstreet expectations.

and to the other person that re-iterated that Wn missed by 1 cent:

According to both of your theories the majors can all say that without 9/11 and without the cost of fuel they would all be beating expectations as well!
you cannot say that you really missed by 1 cent, you guys missed by a whole lot, and the terrorist setback is a part of the risk factor that we all have to deal with......what's next? you guys in one year or so from now are going to say that well....without the lawsuit payout to the child that got killed at MDW our losses wouldnt have been that bad? c'mon!

the health of your company is represented by it's ability to stay in the black, which i believe it should be able to......the 20-25% question is will it be with or without the said concessions......

The lifting of the wright amendment will help, but not for a couple of years, so until then you're people will just have to connect for a while but that should help!

I hope you guys do get a raise, you all move your ass and make the 20min turns a reality and Gary should recognize that.......but show us all how to do it with the coming balance sheet projections!

 

[scoreboard]

and to the other person that re-iterated that Wn missed by 1 cent:

According to both of your theories the majors can all say that without 9/11 and without the cost of fuel they would all be beating expectations as well!
you cannot say that you really missed by 1 cent, you guys missed by a whole lot, and the terrorist setback is a part of the risk factor that we all have to deal with......what's next? you guys in one year or so from now are going to say that well....without the lawsuit payout to the child that got killed at MDW our losses wouldnt have been that bad? c'mon!

the health of your company is represented by it's ability to stay in the black, which i believe it should be able to......the 20-25% question is will it be with or without the said concessions......

The lifting of the wright amendment will help, but not for a couple of years, so until then you're people will just have to connect for a while but that should help!

I hope you guys do get a raise, you all move your ass and make the 20min turns a reality and Gary should recognize that.......but show us all how to do it with the coming balance sheet projections!

The point is, the write-offs taken were for things that could be averaged throughout the year, or years, we bought an unplanned -700s for cash for christ sake, expensed in this quarter!! Why would a CEO do that? Impact.

from our filing:

The unrealized items consist of gains or losses
for derivative instruments that will settle in future accounting periods
or gains or losses that have been recognized in prior period results, but
which have settled in the current period.

I hope we don't get a raise, unless it's realistically achievable, other than cost of living. By the way, we pilots, have little to no impact on a 20 minute turn, it's all about the ramp, they get there contract next year.

 

[castle bravo]

What part of "One time write-off" didn't you understand?



If that's the case, sounds like a good time to grab LUV shares?

 

[scoreboard]

What part of "One time write-off" didn't you understand?



If that's the case, sounds like a good time to grab LUV shares?

Nope, never buy airline stock.

 

[Aplus9]

Well, let me be first to say ******************** off.:smash:

Second, it's negotiating time, so guess what everybody, Gary is gonna expense everything he can to write down even more debt, all the while making it look like doom and gloom. Please, we missed projection by 1 cent. You all need to be over on the other thread congratulating Continental, good job there.

For SWA, it's all a game of smoke and mirrors till a contract is signed, hang on for the ride.

If I use that logic...the next 5-6 quarters are going to be "flat" and below expectations until the new contract is signed. Not looking forward to the next FA's contract negotiations, that will be brutal on our stock.:bawling:

 

[YourPilotFriend]

SWA pilots make $0.005 per mile per seat of the $0.0323 in labor costs ) That's captain and copilot together.

 

[SWA GUY]

You Sir, are a man with no class.

 

[YourPilotFriend]

SWA pilots could get double their pay by increasing fares $9 in their cost structure.

 

[LearAv8r]

you guys in one year or so from now are going to say that well....without the lawsuit payout to the child that got killed at MDW our losses wouldnt have been that bad? c'mon

It is my understanding that it has been settled already. Sorry to disappoint you

The lifting of the wright amendment will help, but not for a couple of years, so until then you're people will just have to connect for a while but that should help!

The through ticketing is starting this week and the through flights as well. I believe that the preliminary estimate was around $40 million additional per year. (don't quote me on the exact number though) We don't have the aircraft to accommodate the schedule properly if it went completely away.

Of course you guys are right there for the first hiccup! If everything isn't exactly perfect, you are ready to claim that the sky is falling and that we are losing big time because of the hedges or whatever.

Try focusing your attention on your own airline instead of wishing for others to fail!

(but of course this is flightinfo...I should have expected that from this crowd)

 

[Mach 80]

I thought SWA always paid cash for their airplanes.

 

[scoreboard]

If I use that logic...the next 5-6 quarters are going to be "flat" and below expectations until the new contract is signed. Not looking forward to the next FA's contract negotiations, that will be brutal on our stock.:bawling:

You are correct, expect it.

 

[LearAv8r]

I thought SWA always paid cash for their airplanes.

Not always. We do lease a small percentage of them mostly for tax purposes I was told.

 

[GuppyWN]

I'm embarassed by my SWA bros. rants and pissing contest posts. Boys.... Q3 sucked compared to what I thought it was going to be.

I'm not saying the sky is falling but we should use this as the reminder that it is. We are not infallable. We must keep our eye on the ball and pull our weight. All you have to do is look at the United boys to see what all thrust and no vector gets you.

Gup

 

[GuppyWN]

posting doubled.

Gup

 

[SWAdude]

I'm embarassed by my SWA bros. rants and pissing contest posts. Boys.... Q3 sucked compared to what I thought it was going to be.


Gup

I am never embarassed by my SWA bros. defending themselves against the few that would actually be happy about our demise.

We are OK. There will always be times in this business of narrow margins that don't go as well as we hoped. We will not have those kind of right offs very often.

Our relative health is really shown by the .19 per share profit.