Concession discussions in our future?
05-02-2020 | 11:05 AM
#241
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Joined: Jun 2017
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But again, let’s not get ahead of ourselves. Indications are starting to point to them wanting the staffing, airframes, liquidity and ability to pounce on the backside of this.
Interesting how they haven’t offered early retirements (yet). Also, does anyone have any doubt that another merger/acquisition is in SWA’s short-term future?
Interesting how they haven’t offered early retirements (yet). Also, does anyone have any doubt that another merger/acquisition is in SWA’s short-term future?
Wouldn't surprise me. Especially if you can grab an airline w different fleet type.
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05-02-2020 | 11:10 AM
#242
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Joined: Jan 2008
Posts: 556
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Said this on another thread, but imagine if Southwest and JetBlue joined at the hip, both with very strong balance sheets. Not that WN would want to part with the all Boeing model. But, B6's East Coast, Caribbean, Central and South America...oh and don't forget A321LR/XLR to Europe, and 70 A220-300's on the order book to help offset the MAX troubles. Combined with WN's network, East, Midwest, West Coast, and Hawaii. That combination would be the size of a Big 3 while also being a domestic powerhouse with a Long-Range narrow-body international future.
05-02-2020 | 12:28 PM
#244
Banned
Joined: Dec 2019
Posts: 73
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Said this on another thread, but imagine if Southwest and JetBlue joined at the hip, both with very strong balance sheets. Not that WN would want to part with the all Boeing model. But, B6's East Coast, Caribbean, Central and South America...oh and don't forget A321LR/XLR to Europe, and 70 A220-300's on the order book to help offset the MAX troubles. Combined with WN's network, East, Midwest, West Coast, and Hawaii. That combination would be the size of a Big 3 while also being a domestic powerhouse with a Long-Range narrow-body international future.
05-02-2020 | 12:43 PM
#245
On Reserve
Joined: May 2016
Posts: 86
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But again, let’s not get ahead of ourselves. Indications are starting to point to them wanting the staffing, airframes, liquidity and ability to pounce on the backside of this.
Interesting how they haven’t offered early retirements (yet). Also, does anyone have any doubt that another merger/acquisition is in SWA’s short-term future?
Interesting how they haven’t offered early retirements (yet). Also, does anyone have any doubt that another merger/acquisition is in SWA’s short-term future?
05-02-2020 | 12:43 PM
#246
Gets Weekends Off
Joined: Apr 2012
Posts: 508
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From: 737 CA
Said this on another thread, but imagine if Southwest and JetBlue joined at the hip, both with very strong balance sheets. Not that WN would want to part with the all Boeing model. But, B6's East Coast, Caribbean, Central and South America...oh and don't forget A321LR/XLR to Europe, and 70 A220-300's on the order book to help offset the MAX troubles. Combined with WN's network, East, Midwest, West Coast, and Hawaii. That combination would be the size of a Big 3 while also being a domestic powerhouse with a Long-Range narrow-body international future.
I'm not a proponent of more mergers but I've thought for years that a combined B6 and WN would make for an absolute beast of carrier to contend with. The network structures would compliment each other incredibly well. We shall see, we're just along for the ride!
05-02-2020 | 03:03 PM
#247
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Joined: Feb 2018
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Apparently UAL conducted an employee town hall today. The rumor is (and this is unsubstantiated) that the plan is to furlough a minimum of 25% and maybe over 50% come 1 Oct.
From the United section of APC:
5,007 Total
As of todays date, looks like 13,025 pilots on the seniority list.
- 4,476 Active (Line Pilots)
- 40 Management Pilots
- 251 Training Instructors
- 240 Pilots on Long Term Absences
As of todays date, looks like 13,025 pilots on the seniority list.
05-02-2020 | 04:14 PM
#248
Gets Weekends Off
Joined: Sep 2017
Posts: 198
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Buffet just dumped all his his stock in Southwest. Has to make you wonder why he would sale at a loss if he believed SWA was positioned to grab market share.
05-02-2020 | 04:18 PM
#249
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Joined: Jul 2008
Posts: 99
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But again, let’s not get ahead of ourselves. Indications are starting to point to them wanting the staffing, airframes, liquidity and ability to pounce on the backside of this.
Interesting how they haven’t offered early retirements (yet). Also, does anyone have any doubt that another merger/acquisition is in SWA’s short-term future?
Interesting how they haven’t offered early retirements (yet). Also, does anyone have any doubt that another merger/acquisition is in SWA’s short-term future?
05-02-2020 | 04:21 PM
#250
Gets Weekends Off
Joined: Apr 2013
Posts: 4,553
Likes: 397
https://www.cnbc.com/2020/05/02/warr...ronavirus.html
Buffet just dumped all his his stock in Southwest. Has to make you wonder why he would sale at a loss if he believed SWA was positioned to grab market share.
Buffet just dumped all his his stock in Southwest. Has to make you wonder why he would sale at a loss if he believed SWA was positioned to grab market share.
He dumped his holdings in the entire sector. He took a chance on airlines and is probably kicking himself for going against his earlier stance on them. They are terrible investment vehicles. For the time being, they will pay no dividend and will not buy back stock. If I owned an investment firm, I would dump them as well. Plenty of other places to make money in the market that will have a better probability of return.
As for selling them at a loss, that is the old sunk cost fallacy.
I am personally buying LUV, but that's only because I get a 10 percent discount and the casinos are closed right now.
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