Thread: Upgrade times
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Old 10-25-2021 | 11:37 AM
  #852  
Skeet20
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Originally Posted by LUVisLost
You could give Skeet a million dollars and he would complain about the denomination and the suitcase you handed over to him.

They are not going to shrink this place. That is a guarantee. They have big plans to shake up the industry. Just look at HI right now. On a typical day one could hop across the sky to HI landing on WN planes and never touch the water. They have 16B in the bank and are going to leverage that into running a few out of the market. GK has stated 3rd quarter would have been a nice profit it wasn’t for the Delta variant swoon. He also is on record as 2022 sustained profitability. On a side note has anyone noticed that when there isn’t a party in Dallas on a weekend the operation runs much better?

I’d be more worried about a leveraged buyout right now. You could use the cash and assets as collateral for it. Not like it haven’t happened in the past. I’m sure some corporate raider is already crunching the numbers and making a pitch.
Well we just did. They cut capacity to 2019 levels. I think we will see another one, before years end.

According to Gary Kelly. “Southwest expects a $100 million loss in the fourth quarter despite an increase in bookings for the holiday season.”

Also he is on record saying, “It maybe 2022”. He does not sound full of confidence there by any stretch of the imagination.
https://news.yahoo.com/southwest-ceo...172425511.html

Last edited by Skeet20; 10-25-2021 at 11:52 AM.
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