SWA will do just fine in the long term!
Because this is NOT about labor COST ANYMORE!!
THE FUTURE IS ALL ABOUT FUEL EFFICIENT AC IN YOUR FLEET/SEAT AND GREAT MANAGEMENT MANAGING THE COMPETITION, NOT YOUR LABOR!
EVEN WHEN SWA FUEL HEDGE IS GONE IN 2 YEARS, SWA WILL HAVE TO INCREASE TICKET PRICES ONLY $10-15 Each WAY AND STILL MAKE MONEY!
BECAUSE THEY OPERATE THE MOST FUEL EFFICIENT FLEET OF AC/SEAT IN THE WORLD AND OPERATE THEM 12-13 HOURS/DAY!