SWA CEO Seeks Cost Cuts, "In Intensive Care"
#21
Gets Weekends Off
Joined APC: Jul 2010
Position: BE-20, LR35
Posts: 266
I wish there was a AirlineCEOCentral forum where they could post about how to properly fly airplanes, how pilots are plotting to screw them in the next contract, and of course asking other CEOs for load checks on their flights so they could jumpseat somewhere. I’d spend a lotta time reading that!
#23
I wish there was a AirlineCEOCentral forum where they could post about how to properly fly airplanes, how pilots are plotting to screw them in the next contract, and of course asking other CEOs for load checks on their flights so they could jumpseat somewhere. I’d spend a lotta time reading that!
Keep the FAT CEO away please. You know what will happen.
#25
Probably not. Nor should they be. What does he "deserve" to earn ? He is the CEO/OIC of a 60,000 employee organization, a fleet of 700 multi-million dollar airplanes, and has three other CEO's, one across town, trying to whack his kneecaps off at any opportunity. He has the FAA, DOJ, SEC, local airport city governments, unions, and a host of other groups who he must keep pacified at any given moment. The organization he operates is rated one of the best places to work. Not one paycheck has bounced (yet).
How much "should" he earn ?
How much "should" he earn ?
#26
New Hire
Joined APC: Apr 2020
Posts: 2
There must be something else going on here that I’m just not seeing. Over the last two weeks, I’ve flown 6 days, and no flight has had more than a dozen paying passengers. Usually the deadheading crews outnumber passengers by 2:1.
From what I can tell, Mr Kelly doesn’t seem to throw money away. Lining executive pockets with stock buybacks doesn’t count. It will be interesting to see the financial reasoning that’s keeping us flying these empty aircraft.
Here’s hoping it’s something that will benefit employees. At this point, hope is a plan.
From what I can tell, Mr Kelly doesn’t seem to throw money away. Lining executive pockets with stock buybacks doesn’t count. It will be interesting to see the financial reasoning that’s keeping us flying these empty aircraft.
Here’s hoping it’s something that will benefit employees. At this point, hope is a plan.
#27
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,601
If they cancel the flights, then they have to cough up the cash right now to refund the customer. By operating the flight then they offer the passengers a travel credit to be used at a later date. That's cash in their pockets to help weather this storm, and essentially kicking can down the road to worry about when passengers start flying again.
#28
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,601
FWIW, from a credible source in the cargo world....
Shipping rates have doubled and tripled in some parts of the world and cargo haulers are busy as hell. Let’s hope that’s true and we can earn some cash by hauling belly cargo.
Shipping rates have doubled and tripled in some parts of the world and cargo haulers are busy as hell. Let’s hope that’s true and we can earn some cash by hauling belly cargo.
#29
those planes may have been full of the tickets were purchased before the shutdown, more than a few pax. I’m not sure of the conditions of CARE, but a certain amount flights may have to run in order to get the grants.
#30
New Hire
Joined APC: Apr 2020
Posts: 2
Uhh....there very well could have been 100+ other tickets sold for those flights where the pax voluntarily cancelled and received vouchers for future travel. On the flip side, if the airline cancels the flight then they refund 100+ tickets. That flight has already been paid for before it left the chocks.
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