VP of number crunching prob pays more than gear slinging. If I lived in Dallas....be a good excuse to put the Master’s to work.

 

Master's = VP 😂😂😂

 

For all you VP’s...my big question is at what point could we break even? I realize there are a lot of factors such as reduced capital spending, early outs, and EETO. These will all work in with the lower ticket prices we will undoubtedly see. We are currently burning 20M/Day which is much improved from the 30M-35M from April. My guess would be if we could operate about 80% of our fleet at 70-75% load factor.

This is where SWA’s no furlough legacy and balance sheet will be significant. Every airline will obviously be overstaffed come Q4 barring the failure any large airline. If any company is burning so much cash that bankruptcy is a risk, then a furlough is most likely in the playbook. They have an obligation to act in the best interest of the shareholders. If we can break even or withstand smaller temporary losses, it would be easier to justify being overstaffed in order to maintain the no furlough legacy for the long term benefit of SWA.

 

i also laughed at that.

 

I do not think you know the background of your VPs. Might want to think more on the lines of GED.

 

I realize that. 😂

I was hoping to jump ahead of the VP of Deja Blue Can Counting and do something productive....like count coffee filters.

 

No idea how the parked planes factors in but we used to have the break even load factor printed on the release cover sheet. Was around 55-60%. We were also flying around Classics on a old CBA...

 

SWA hasn't had a break even load factor like that for at least a decade, maybe more. In the last ten years its breakeven load factor has been in the mid 70's on an annual basis. Its best year as far as operating margin was 20% in 2015 and it's breakeven was 72%.

Since yields are trashed now. Who knows. Its not pretty.

 

Now your talking, with 2 coffee makers per AC, I will volunteer to be your assistant VP. I have some great ideas like giving out free samples at all the deck parties. Noting says GO , like deck parties and a despise for pilots .

 

The general wisdom has been if there are customers sitting in middle seats, the flight is making money.

This is all out of skew now, though, since we are operating at a fraction of our actual capacity and fuel is super low. Who knows what it is. Probably much higher.