This is going to be a battle for survival- for all the airlines, including SWA. When you go into battle, the strongest, most prepared participant usually comes out on top. Not always but generally. Gary simply wants to be the most prepared.
We all need to remember Gary is a CFO down to his core. Every CFO knows cash is king - always. However, it is particularly true during hard times. Whether it is offensive or defensive cash - it absolutely will be king in this battle.
Love him or hate him - Gary may not be the CEO we would pick during routine times but he is the right guy to be in charge for this fight. He will be just as prepared for the cost side of the equation and that includes us. He WILL be coming asking for SOMETHING!! It is his job and his legacy.
I happen to personally believe he wants to avoid furloughs at almost but not all costs. The last thing he personally wants is to be the first SWA in history to furlough. Also, he needs his “warriors” if this turns into an opportunity because we do have so much cash.
Why so much CASH??? There really is no plan for all that cash right now, because the cards are still being dealt. It is simply ammunition to protect and defend or conquer —- depending on the circumstances and/or opportunities.