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-   -   LUV continues to decrease cash burn and... (https://www.airlinepilotforums.com/southwest/131601-luv-continues-decrease-cash-burn.html)

docav8tor 11-12-2020 05:02 AM

LUV continues to decrease cash burn and...
 
"The Company's average daily core cash burn in October 2020 was approximately $10 million, which compares favorably with its previous estimate of approximately $12 million per day, primarily due to continued improvements in close-in leisure demand. The Company now estimates its average daily core cash burn to be in the range of $10 million to $11 million in fourth quarter 2020, which compares with its previous estimate of approximately $11 million."

and

"The Company continues to expect its fourth quarter 2020 capacity to decrease approximately 40 percent, year-over-year. The Company recently adjusted its January 2021 published flight schedule, and currently estimates its January 2021 capacity to decrease in the range of 35 to 40 percent, year-over-year."

KiloAlpha 11-12-2020 05:42 AM

Good news for you guys. Meanwhile, over at American.... we continue to burn like a dumpster fire

biigD 11-12-2020 09:10 AM


Originally Posted by KiloAlpha (Post 3157689)
Meanwhile, over at American.... we continue to burn like a dumpster fire

LOL...soooo true.

https://external-content.duckduckgo....gif&f=1&nofb=1

Nothing to see here folks, just me taxiing by in my 737. :D

(sigh...where's that drinking thread?)

Crockrocket95 11-12-2020 10:11 AM

Couldn't be American. Moving too fast.

:P

ROFF 11-12-2020 10:21 AM


Originally Posted by Crockrocket95 (Post 3157868)
Couldn't be American. Moving too fast.

:P

Ha!!

so true

biigD 11-12-2020 10:42 AM


Originally Posted by Crockrocket95 (Post 3157868)
Couldn't be American. Moving too fast.

LMAO! Well played sir. :p :p

I'll have you know that I tend to taxi at around four Baxters, or perhaps five depending on how badly I have to p!ss!

WHACKMASTER 11-12-2020 10:43 AM


Originally Posted by biigD (Post 3157884)
LMAO! Well played sir. :p :p

I'll have you know that I tend to taxi at around four Baxters, or perhaps five depending on how badly I have to p!ss!

Ah.....the infamous Baxter units! Lmao.

Zard 11-12-2020 12:08 PM


Originally Posted by KiloAlpha (Post 3157689)
Good news for you guys. Meanwhile, over at American.... we continue to burn like a dumpster fire

the strongest steel is forged in the fire of a dumpster!


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