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SWA CEO Seeks Cost Cuts, "In Intensive Care"

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Old 04-01-2020, 09:57 PM
  #21  
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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!
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Old 04-01-2020, 11:31 PM
  #22  
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I’ll tell them to download StaffTraveler.
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Old 04-02-2020, 06:36 AM
  #23  
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Originally Posted by Fr8Master View Post
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.
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Old 04-03-2020, 09:53 AM
  #24  
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Originally Posted by e6bpilot View Post

We are all worried about when this thing will end. Just know that if it goes 12 months like this, the survival of this airline will be one of the last things on your mind.
^^^THIS^^^
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Old 04-04-2020, 07:54 AM
  #25  
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Originally Posted by senecacaptain View Post
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 ?
Doesnt matter, as long as we get our Kool-aid.
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Old 04-04-2020, 03:41 PM
  #26  
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Originally Posted by Psycho18th View Post
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.
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.
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Old 04-04-2020, 04:47 PM
  #27  
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Originally Posted by Lear22 View Post
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.
Uh, do the math on that. Is it cheaper to refund 10-20 PAX or burn several thousand gallons of fuel?
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Old 04-04-2020, 04:49 PM
  #28  
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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.
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Old 04-04-2020, 06:24 PM
  #29  
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Originally Posted by WHACKMASTER View Post
Uh, do the math on that. Is it cheaper to refund 10-20 PAX or burn several thousand gallons of fuel?

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.
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Old 04-04-2020, 07:13 PM
  #30  
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Originally Posted by WHACKMASTER View Post
Uh, do the math on that. Is it cheaper to refund 10-20 PAX or burn several thousand gallons of fuel?
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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