Originally Posted by Privateer89

I couldn’t agree more with this. The primary goal is to survive longer than all the competition. As demand improves they will try to find work for all 700+ current airplanes and employees. Then there’s the Max. RTS training is still planned for the end of summer. They have greatly reduced deliveries but negotiated the ability to flex up or down depending on demand. Flex up by increasing deliveries that others don’t want anymore or flex down by taking the reduced deliveries and retiring NG’s. The big 3 have already committed to shrinking and announced plans of retirements because they don’t have a choice.

SWA is the only airline to go into this with a net positive cash to debt position by almost 1B. They now have almost 15B cash and 10B debt. They sold 2B in stock and got the 2B CARES grant. Of course they are burning through 30M-35M per day, but as the economy opens up that will improve. Those ratios equate to the best durability of any airline....by far. Why not have the cash? You can never have too much in times like this. If they don’t need it later they will pay off the debt.