Originally Posted by
RJSAviator76
Precisely... we went from $65 per share down to $27. I'd like them to maximize the shareholder return and they're failing at that just as Bob is failing as the CEO.
Personally, I have no faith in our C-Suite. I would maybe retain AW, but everyone else would be spending more time with their families.
And what would a new CEO do? Make Boeing build more 8's? Cerftify the 7 faster? How about making Airbus build more airplanes for SWA? Better yet, buy another airline. You will still have capacity issues for the next 18 months. Their are no good options and a new CEO won't change that. Capacity wise SWA is screwed for the next 18 months or so. Most solutions are a least two years away.
Bob is the first CEO of SWA that I know of that admitted on TV and CC that SWA product maybe at it's end. It was designed when high frequency, low load factors and most importantly low cost were the way to go. It made billions. They even admitted that can not monetize much more within the product they have. They won't touch bag fee's. They mentioned 60% of SWA customers book on them because of the two free bags. So they won't even entertain it.
No matter what, whether its BJ or a new CEO, changes have to be made. I just don't think it matters who is running it. Unfortunately, if you are junior here, you will be on the bottom for a while. We are overstaffed for the amount of block hours we fly. So min guarantee is going to be the norm after the summer. So fly your ass off and make some extra cash with the new pay raise. You will be seeing lots 87-89TFP in the fall.