Originally Posted by
Mozam
No one is buying the LUV lies anymore. Not Wall Street, not the employees, not the potential new hires . The emperor has no clothes comes to mind . Just a matter of time till the stock is in the 20s. The way BJ and GK are driving this company LUV could hit the single digits. They are steeping over dollars to pick up pennies due to the hate of pilots .
This company could actually be awesome with some good leadership.
Regardless of what mgmt thinks, they now have to make the improvements recommended by swapa, experts and investors just to regain confidence in the company and the stock, whether they feels it’s necessary or not.
Same with the contract. I liken it to the housing/car/RV/boat/plane/etc market. Everyone who purchased since mid 2020 knew they were overpaying but bought anyway due to FOMO. Airlines aren’t happy with contracts they’re having to sign, but they need pilots in order to survive and will pay it now due to FOMO.
SWA was behind in facing the new reality until other carriers were not only signing deals but sweetening the deal. Hopefully SWA understands that they need to beat the other deals or miss out on recruiting opportunities.
The renewed interest in speeding up negotiations is either the next play in the book or SWA coming to their senses. If they’re coming to their senses we need to make sure we get a truly industry leading CBA with the new polling. If it’s the next play in the book we need to be patient because the longer they stall the higher the bar goes. We can’t get impatient or misled into less than we can get.