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Old 06-30-2023 | 04:46 PM
  #54  
sailingfun
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Originally Posted by Stitches
In 2019 SWAPA financial analysis concluded that SWA could afford to double pilot salaries and still maintain a positive profit margin. Having all 10,000 pilots qualified to fly every flight provides a tremendous cost advantage over the legacy business model and is a big part of the reason why the company has never suffered an annual loss until covid. A Southwest 737 won’t generate anywhere near the revenue of a widebody but it also doesn’t cost anywhere near a legacy narrowbody to operate either.
You made 2.3 billion in 2019. Your average pilot earned 245,000 a year. How many pilots did you have?
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