Fleet Discussion and News
#31
Line Holder
Joined: Dec 2007
Posts: 670
Likes: 1
My broader point is one day we will wake up in the middle of a financial storm and deeply regret the many billions wasted on buybacks. Maybe, as you suggest, if its timed perfectly and used with precision, it could result in better numbers down the road on some things. But I don't ever see any airline making more from this than they paid to do it. The last time it rained, SWA crowd surfed above the entire industry taking marketshare with complete impunity and almost putting a legacy or two out of business, while paying 130 seat drivers higher than whale pay. All because they were making what, a billion a year off the hedges?
We still have a lot of debt too, despite the hype that they're paying it down. DL has less debt on capital but more on pensions. There will come a time when one or more legacies rues the day they whizzed away many many billions on something that will be viewed as relatively frivolous in hindsight.
Never give up PS, it will allow you to sleep easier at night when the company makes these moves to increase the bottom line.
#32
Gets Weekends Off
Joined: Dec 2007
Posts: 532
Likes: 0
From: Cal reserve..the gift that keeps on giving
Every time I hit the recall button(6pack), which is about 90 times before you even line up and wait, I give a small verbal thank you to Swa for this....
#33
Gets Weekends Off
Joined: Nov 2009
Posts: 5,508
Likes: 109
#34
Gets Weekends Off
Joined: Mar 2006
Posts: 1,112
Likes: 0
From: SFO Guppy CA
The Guppy is a historically good airplane and has had its time. But that time is over now. It's a 1958 airplane at heart. Airbus is killing Boeing on the need of customers, other than SWA. The Guppy is not a 757 and it never will be!!! Neither is an A321NEO, but it's closer to it than the Guppy. Boeing set the standard and then stopped producing the standard. If Boeing would bring back the 757 with current technology, I believe that Airbus would sell a lot less A321s. A new 757 would re-establish the standard.
#35
Guppy reserve EWR
Joined: Feb 2013
Posts: 501
Likes: 0
From: 737 FO
...another thread digresses into 737 hate. A few Boeing vs Airbus comments for good measure . Just a few more praises of how awesome the 757 is and it'll be complete.
You guys should work for Fox and CNN, no news here, just "opinionated fact".
You guys should work for Fox and CNN, no news here, just "opinionated fact".
#36
factually, the 737 guppy is fifty yr old tech
and a crappy crappy place to sit for hours as a pilot or as a passenger
facts, jack
#37
Line Holder
Joined: Dec 2007
Posts: 670
Likes: 1
#38
Line Holder
Joined: Sep 2012
Posts: 558
Likes: 6
#40
Does that account for all the tail strikes, split scimitar winglet damage, lost revenue during weight restrictions etc. while all these are rare, they need to be accounted for as it affects the bottom line.
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