Getting Passengers Back In The Air

Discussion in 'Southwest Airlines/Airtran Airways' started by swamt, May 10, 2020.

  1. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
  2. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
    The good news is we are still adding cities as well as 17 additional slots vacaded by JB in Cali. In hopes of an early break even point prior to end of year as some analyst have suggested now.
    Looks like company has extended the time to take VSP to the employees that took the long term leaves. You can now convert your 6-12-18 month leave into perm. VSP retirement. A very nice option to consider, however, wouldn't the employees that already took VSP want the same options? You know, take the leave and later take the VSP. It is clear SWA did not get the full amount of takers of the VSP that they wanted, so they are extending VSP option to the folks on leaves.

    https://www.yahoo.com/news/southwest-airlines-adds-miami-palm-111723649.html
     
    • Like Like x 1
  3. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
  4. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
  5. NewHampshire Black Bears

    Joined:
    Aug 20, 2002
    Messages:
    9,428
    Likes Received:
    659


    WELL swamt, you've SURPRISED THE CHIT' out of me. Here's why.

    I 'always' thought of you as a 'call em' as you see em' shooter'.
    But to foolishly BLAME the Democrats (WHO WILL N O T BE GONE IN NOVEMBER, for the A-HOLE T-Rump, NOT telling Biiitch Mcconnell to "GET ME THE VOTES" for the Airlines, Is WHERE your ANGER needs to be pointed....... PERIOD !!
     
  6. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
    No. It was the Dems who just rejected an offer of movement by the Reps.
    Who cares about Nov., Nov. will be too late and after the Oct 1st deadline. The Dems are the ones holding the extension bill up from passing, ikt really is a no brainer who is at fault here.
     
  7. NewHampshire Black Bears

    Joined:
    Aug 20, 2002
    Messages:
    9,428
    Likes Received:
    659

    CARES Act, SMARES act ! If a RIF comes, it comes !

    THAT's Why there's RIF language in the contracts. If Any of you had been around in the early 80's, you would've known it was a common thing, so Toughen-Up, 'Stiff upper Lip" !!
     
  8. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
    Oh, rifs are coming for some carriers for sure. It might get put off until March if an extension is passed and could even be less than they are saying now which would be well worth an extension being passed. Kinda in hopes that a vaccine is out before March and some travel is improving by then so that maybe the airlines can avoid any layoffs or furloughs or at least tough it a bit longer to the summer travel again.

    Some more improvements are already being talked about now with some travel picking up for Aug and Sep. as well as our cash burn is down more to 17 mil. Can only hope this improves even more going into the spring...

    https://finance.yahoo.com/m/a16c78c...aises-september.html?siteid=yhoof2&yptr=yahoo
     
  9. NewHampshire Black Bears

    Joined:
    Aug 20, 2002
    Messages:
    9,428
    Likes Received:
    659
    MAX in the news AGAIN today !!

    Let me know 'WHEN' the first MAX rolls down the R/W with revenue on board !
     
  10. swamt

    swamt Veteran

    Joined:
    Oct 23, 2010
    Messages:
    11,376
    Likes Received:
    4,634
    Some positive news looking towards the end of 2020. A pretty good sign to me that a pick up in Aug right after a slight fall back in July, is a good sign. The slump could have continued after that pick up in covid positives hurt July. But instead it built back up.
    Not quite where I would like to see us on the load factor (I wanted 50% by end of summer) 42% for Aug was an improvement, maybe by end of year? trend is continuing into and thru Sep so far.
    Unions as well as company are strongly encouraging employees to get involved and help apply pressure to our reps for our states to get a deal done. I too encourage us all to do so, the companies are doing it, the unions are doing it, now WE need to do it, get involved as it does affect all of us some way or another no matter your seniority or years with the company. Let's push our reps to come to an agreement prior to Oct 1st...

    https://finance.yahoo.com/news/southwest-luv-q3-cash-burn-133901021.html
     

Share This Page