Originally Posted by
REF 5
SWA hasn't had a break even load factor like that for at least a decade, maybe more. In the last ten years its breakeven load factor has been in the mid 70's on an annual basis. Its best year as far as operating margin was 20% in 2015 and it's breakeven was 72%.
Since yields are trashed now. Who knows. Its not pretty.
That's simply not true. I distinctly remember them on the release or some other piece of paperwork and I've been here well less than a decade. Not that it means anything in today's circumstance, but it did hover around 60-62%. I remember being surprised it was so low. It mysteriously disappeared slightly before or after TA1 failed.