Remember WN attrition dropped to near 0 because people are waiting for the signing bonus. That may be giving management a false sense of security. The new contract is pretty good but the widebody urge remains strong for many.

The Max 7 is certainly a major problem for them but I suspect they will end up running a few classes.

Their CEO said the order was primarily for replacement on CNBC, but what does he know

Sometimes we ask ourselves the same question about our CEO 🙄

Pretty sure any new aircraft have to be labeled as mostly replacements, especially in this economy. If not, watch the stock price get decimated.

What are you talking about? The Big 3 all have the intentions of their new aircraft orders being growth, and no, the stocks haven’t been “decimated”.

SWA is afraid of it’s own shadow and they will continue to shrink as the Big 3 take over their flying.

you realize how long the MD-80’s flew? Heck delta was going to keep flying the 88 if it wasn’t for Covid.

Traditionally:
SWA is like the Uber conservative realestate investor who only buys small houses with cash to rent out with proceeds from its other rentals.

Delta borrows money to buy fixer uppers and tries to refurbish them into an investment property.

United/AA leverages heavily and buys new construction condos and commercial realestate.

If the economy falters, company woes follow predictable paths.

the "recession" we are supposedly in is the longest never-happened recession in history

oh, and AA will be bankrupt "any day now"

remember, if you want a "career airline" go to SWA or FDX

oh wait..

The question is, has the landscape changed? Are these companies now too big to fail? Their aggressive actions might be because they're too big to fail now. So your last statement might not hold the same water it used to.

Great analogy.