Originally Posted by
KC10 FATboy
Seriously! Is it me, or does it seem like every legacy is ignoring WN? I mean, they come out of nowhere during the 90s and 00s and suddenly they're carrying more domestic passengers than anyone else.
They are a major player now .. and our cost structure is a lot higher than theirs.
I'm tired of management ignoring them ... I never hear them talk about WN .. its always UAL, AMR, LLC ... etc.
Actually our pilots costs are about 1/2 of theirs. About 6 dollars an hr versus 3.85 an hr per seat.
Their overall costs are lower than ours for one reason. Debt. They are not paying the interest payments we are not by a long shot. That adds somewhere between a billion to two billion to our costs per year that they do not have. When our management teams is telling us they want to pay down debt, that is good, real good, because if we can do that we can get paid a lot more, and we will be able to truly compete with WN and beat them at their own game.
WN can pay cash for AS and pay the poison pill a we pay a bar tab. We reduce our debt burden and we will do very well going forward.