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02-25-2022 | 09:44 PM

#1261

Smooth at FL450

weekends off? Nope...

Joined: Apr 2014

Posts: 2,407

Likes: 133

Quote:

Originally Posted by Skeet20

--Fuel Prices were high before the Ukraine debacle. If jet fuel continues to rise, look for SWA to tap the breaks on any growth. What we have right now is not growth, its's just getting us back to numbers prior to the scam-demic.

good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices

02-26-2022 | 01:28 AM

#1262

WHACKMASTER

Gets Weekends Off

Joined: Jun 2010

Posts: 7,573

Likes: 283

From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.

Quote:

Originally Posted by Smooth at FL450

good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices

Are we and for how far out? I’m genuinely asking.

02-26-2022 | 04:51 AM

#1263

RJSAviator76

Thread Starter

Gets Weekend Reserve

Joined: Jul 2007

Posts: 4,258

Likes: 240

From: B737CA

Quote:

Originally Posted by Skeet20

How many cities did we add again during the pandemic?

02-26-2022 | 05:08 AM

#1264

Smooth at FL450

weekends off? Nope...

Joined: Apr 2014

Posts: 2,407

Likes: 133

Quote:

Originally Posted by WHACKMASTER

Are we and for how far out? I’m genuinely asking.

from the recent 10-k

Attachment 6616

Last edited by Smooth at FL450; 08-20-2023 at 04:48 AM.

02-26-2022 | 05:32 AM

#1265

ZapBrannigan

Furloughed Again?!

Joined: Aug 2007

Posts: 4,948

Likes: 109

From: Boeing 737

Quote:

Originally Posted by Smooth at FL450

good thing we are 85% hedged! Would hate to be completely exposed to these current oil prices

Wonder if those hedges have a force majeur clause… 🤭😏

02-26-2022 | 08:32 AM

#1266

waterskisabersw

Spikes the Koolaid

Joined: Jul 2015

Posts: 435

Likes: 16

From: 737

Quote:

Originally Posted by ZapBrannigan

Wonder if those hedges have a force majeur clause… 🤭😏

Of course not! Management would never allow a clause as toxic as that in a contract that might affect them negatively.

Which is why they so desperately want to put them in their contracts with us.

02-26-2022 | 08:33 AM

#1267

poopooplatter

On Reserve

Joined: Dec 2019

Posts: 183

Likes: 1

Oh snap! Zap for the win. Zing!

02-26-2022 | 08:48 AM

#1268

Mozam

Line Holder

Joined: Jan 2016

Posts: 1,568

Likes: 128

From: Left

Quote:

Originally Posted by ZapBrannigan

Wonder if those hedges have a force majeur clause… 🤭😏

Now that was funny. ( Beer spitting out of mouth funny )

02-26-2022 | 01:06 PM

#1269

Lewbronski

Gets Weekends Off

Joined: Feb 2018

Posts: 1,264

Likes: 0

Quote:

Originally Posted by waterskisabersw

Of course not! Management would never allow a clause as toxic as that in a contract that might affect them negatively.

Which is why they so desperately want to put them in their contracts with us.

Yep.

From FordHarrison's analysis of force majeure clauses and the pandemic: "The absence of a force majeure clause can also serve as a learning opportunity. In many ways, after the COVID-19 pandemic, life — and business — will never be the same again. From now on, ensure your contracts have a force majeure clause..."

If you don't know what FordHarrison is, you should find out.