When will First Officer training restart?
09-17-2024 | 08:45 AM
#194
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Joined: Nov 2013
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From: 737CA
You have over 250 pilots retiring over the next two years. So what they hire is basically covering attrition. No growth. On Sept 26th don't be surprised if they defer orders over the next 36 months. They are expecting almost 160 airplanes from Boeing between 2025-26. Obviously that's not going happen but importantly SWA will pull down capacity and cap ex until they can get their margins up.
09-17-2024 | 09:29 AM
#195
Gets Weekends Off
Joined: Jun 2010
Posts: 7,561
Likes: 278
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
You have over 250 pilots retiring over the next two years. So what they hire is basically covering attrition. No growth. On Sept 26th don't be surprised if they defer orders over the next 36 months. They are expecting almost 160 airplanes from Boeing between 2025-26. Obviously that's not going happen but importantly SWA will pull down capacity and cap ex until they can get their margins up.
09-17-2024 | 09:55 AM
#196
gets time off
Joined: Apr 2007
Posts: 1,502
Likes: 91
You have over 250 pilots retiring over the next two years. So what they hire is basically covering attrition. No growth. On Sept 26th don't be surprised if they defer orders over the next 36 months. They are expecting almost 160 airplanes from Boeing between 2025-26. Obviously that's not going happen but importantly SWA will pull down capacity and cap ex until they can get their margins up.
09-17-2024 | 10:43 AM
#197
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Joined: Nov 2013
Posts: 622
Likes: 108
From: 737CA
09-17-2024 | 01:05 PM
#198
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Joined: Dec 2017
Posts: 1,114
Likes: 94
From: 737 FO
Capacity and fleet are two different things. You can add asm's or cut asm's without affecting the fleet(like red eyes). You can take on airplanes and retire one for one. By the way, airlines have already cut capacity for the third and fourth quarter. Airlines have already seen improvement in RASM. So yes, you can shrink into profitability, as long as the rest of the industry shrinks with you. Growing your way out of a cost problem, especially burning cash(as they did last quarter) with terrible margins is a bad economic set up.
I’m not upset about burning cash, especially if it’s on the not-sexy-but-necessary stuff that will fix some of our issues and give us room to grow. Burning cash because the redundant VP of the Department of Redundancies didn’t know how to read a spreadsheet is…not ideal.
09-17-2024 | 01:11 PM
#199
Gets Weekends Off
Joined: Apr 2013
Posts: 4,530
Likes: 370
Capacity and fleet are two different things. You can add asm's or cut asm's without affecting the fleet(like red eyes). You can take on airplanes and retire one for one. By the way, airlines have already cut capacity for the third and fourth quarter. Airlines have already seen improvement in RASM. So yes, you can shrink into profitability, as long as the rest of the industry shrinks with you. Growing your way out of a cost problem, especially burning cash(as they did last quarter) with terrible margins is a bad economic set up.
The big push for the next couple of years is going to be RASM and costs. This airline has a lot of work to do in both departments.
09-17-2024 | 01:31 PM
#200
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Joined: Nov 2013
Posts: 622
Likes: 108
From: 737CA
We could also not do a whoopsie with our booking curve/pricing and revenue management software like we did Q2 and not cost ourselves a billion in missed revenue. Maybe we could try that.
I’m not upset about burning cash, especially if it’s on the not-sexy-but-necessary stuff that will fix some of our issues and give us room to grow. Burning cash because the redundant VP of the Department of Redundancies didn’t know how to read a spreadsheet is…not ideal.
I’m not upset about burning cash, especially if it’s on the not-sexy-but-necessary stuff that will fix some of our issues and give us room to grow. Burning cash because the redundant VP of the Department of Redundancies didn’t know how to read a spreadsheet is…not ideal.
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