Interesting. He shouldn't assume any goodwill from the pilots. This is towards the end of the article.

"Lastly, the biggest concern, and possibly largest risk to my thesis, is the potential strike organized by the union representing Southwest’s pilots. The sticking point relates to Southwest’s plans to introduce a more efficient airplane, the 737-800 MAX, which has a more efficient engine over its predecessor. The union contends that the new plane requires terms to be re-negotiated, and in May sued Southwest. Southwest noted that the negotiations have plenty of time to be resolved, and a lawsuit at this time is unnecessary. While the risk of labor strike is certainly present, Southwest has a longstanding history of negotiating deals with its employees, with only 1 work stoppage throughout its 45-year history. Furthermore introducing more efficient planes is key to long-term success of the company, which means both the firm and the employees are motivated to avoid any type of work stoppage."


Lots To Love About Southwest Airlines After The Sell Off