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mwmav8r01 said:Raise Ticket Prices Already! No More Pay Cuts!
lowecur said:Kudos to Kelly and Co. Just one problem............$196M investment income from Hedges leaves a $37M operating loss. Cash is king, as they have increased it to $2.2B.
http://biz.yahoo.com/prnews/050714/dath013.html?.v=20
For those that are interested BELF is .647 or rounded to 65%. Throw out the fuel hedging and it's probably more like 74%.
Give me a F'ing break Lowecur, Atleast we are not staying in business because of Goverment Bailouts and slashing jobs.
SWA still has great pricing power, but attrition will take it's toll in the next 5 years unless they get their bloated payroll in line.skykid said:Lowecur, granted Southwest is making money with hedges now, but I bet they have the pricing power to raise prices when they need to, unlike most of the other airlines.
SWA still has great pricing power, but attrition will take it's toll in the next 5 years unless they get their bloated payroll in line.
Yank McCobb said:If this isn't a sure sign the apocolypse is upon us. Someone referring to the SWA payroll as "bloated"...and actually meaning it.
The same SWA that for years and years was the scourge of the industry in the eyes of every other company's pilots for "bringing down the profession" with substandard pay.
lowecur said:SWA still has great pricing power, but attrition will take it's toll in the next 5 years unless they get their bloated payroll in line.