Originally Posted by
sailingfun
SWA's overall financial position compared to Delta is outstanding. They don't have any off the books debt or pension obligations. Whatever choices in fleets or growth they make could be sustained for a long long time.
SWA non pilot costs are through the roof since they never went through Chapter 11.
IMO their nightmare has begun. Simply look at their on time performance, 10% behind us.
I believe they will have a long slow descent to bankruptcy that will take a decade.