2021 Earnings/Loses

swamt

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Oct 23, 2010
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As we begin a new year I know it's a bit early for Q reports but some encouraging news out of the Southwest camp. Feb had a bump in the passengers numbers and a decrease in the anticipated cash burn being 2 million less expected with March also looking better. Not really celebrating anything but it is encouraging news of the upticks starting earlier than expected.


https://www.yahoo.com/finance/news/southwest-airlines-expects-slower-cash-144031129.html
 

robbedagain

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Oct 13, 2003
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As we begin a new year I know it's a bit early for Q reports but some encouraging news out of the Southwest camp. Feb had a bump in the passengers numbers and a decrease in the anticipated cash burn being 2 million less expected with March also looking better. Not really celebrating anything but it is encouraging news of the upticks starting earlier than expected.


https://www.yahoo.com/finance/news/southwest-airlines-expects-slower-cash-144031129.html
The president holiday id imagine helped out.
 
OP
S

swamt

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Oct 23, 2010
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Well, it's going better than predicted for SWA. Can't believe we just posted a $116 million profit. I was shocked. Was expecting maybe half the loss we had in 1Q 2020.
Couple articles below with CEO saying still getting better and better each week and each month as we go. Also hearing that all that prepping (adding flights, routes and aircraft during pandemic) was well worth it, as he says we are now better suited than prior to pandemic as far as market share goes. Now I hope we can focus on keeping that trend going strong...

https://www.yahoo.com/news/us-airline-bailout-helps-southwest-121101054.html

Take note of his change in body language and demeaner:

https://www.yahoo.com/finance/news/...uphoric-about-airline-recovery-191342217.html
 

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