Originally Posted by
FastNeatAvg
When the music stops and it will- just when, better place to be? Stability speaking. There are a lot of ways to put this answer.
As for other scenarios with a SWA/legacy X base I hope this can shed SOME insight for others.
I appreciate the insight.
FriendlyGoodGood?
I think if I can summarize the griping that your question set in motion, SWA can no longer hang its hat on treating employees better than anyone else. But that’s different than claiming you’ll be definitively treated better at AAL. I think SWA has regressed closer to the mean.
Since you’re asking about stability during a worst-case industry scenario though, don’t forget to consider long term obligations. AAL ended ‘22 with around $34B debt/$12B cash on hand, SWA with $8B debt/$13B cash on hand. From your own conclusion about those figures cause I’m not arrogant enough to say I know for sure. Were government bailouts during covid a new norm, or the exception? If it’s the latter then some might claim AAL is a more precarious position in a real worst-case scenario. If it’s the former then yeah, let fleet types, upgrade times, schedule flexibility, etc. be your guide.