4th QUARTER LOSS

[SKY HIGH]

http://online.wsj.com/article/SB1232622998...hs&ru=yahoo


Southwest Airlines Co. swung to a fourth-quarter net loss, its second straight loss after more than 17 years of steady profits, on further declines in the value of its fuel-hedging program

 

[does this plane go to paris]

Southwest Beats Wallstreet

Southwest reported a $56M 4th quarter loss or .08 cents a share compared with a $111M profit. The loss included $117M related to their fuel hedging program. Excluding the special item, SWA reported a $61M profit or .08 cents a share, Wall Street forecasted a .05 share profit. LUV was up 15.5% to 9.68 in morning trading.

 

[mrman]

Wall Street loving the news. Stock up about 17% since yesterday open. Market Cap is over 7 billion. As a point of comparison US (reports earnings next week) is down for the past few days and has a market cap about the size of Allegiant Airlines

 

[SKY HIGH]

But 2009 will bring at least one thing that Southwest has not seen in awhile: Contraction. Bloomberg News writes Southwest will "shrink 2009 seating capacity by 4%," which "snaps a 20-year streak of annual expansion in which it relied on lower prices to win customers while full-fare carriers struggled."
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Who would of thought..........you USED to grow in times like this!

 

[JS]

But 2009 will bring at least one thing that Southwest has not seen in awhile: Contraction. Bloomberg News writes Southwest will "shrink 2009 seating capacity by 4%," which "snaps a 20-year streak of annual expansion in which it relied on lower prices to win customers while full-fare carriers struggled."
============================

Who would of thought..........you USED to grow in times like this!

Words of wisdom from a USAir employee.... 🙄

 

[does this plane go to paris]

But 2009 will bring at least one thing that Southwest has not seen in awhile: Contraction. Bloomberg News writes Southwest will "shrink 2009 seating capacity by 4%," which "snaps a 20-year streak of annual expansion in which it relied on lower prices to win customers while full-fare carriers struggled."
============================

Who would of thought..........you USED to grow in times like this!

...in time's like this..." quoted by skyhigh.

some people are comparing this to the depression of the 30's. LUV was not around then. Yes, LOVE was able to grow minimially during the rough times becuase they prepared for the bad times. Don't know who expected the economy we are currently in, certianlhy not Bush, he would have prayef to stave it offl

 

[SKY HIGH]

Words of wisdom from a USAir employee.... 🙄

Compared to your CONSTANT WHINING????? Let alone any contribution to this site.

LOL! Ironic, YOU, using the words---> words of wisdom!

never, have I said, who I work for. Please copy and paste that!

 

[SKY HIGH]

...in time's like this..." quoted by skyhigh.

LUV was not around then.

WN was founded in 1971.

The US has had five recessions since 1970. The US economy fell an average of 3.8 per cent during the recessions of 1974-75, 1980, 1982, 1991 and 2001.

Capacity CUTS of 4 percent ends a 20-year EXPANSION STREAK for WN.

 

[mrman]

WN was founded in 1971.

The US has had five recessions since 1970. The US economy fell an average of 3.8 per cent during the recessions of 1974-75, 1980, 1982, 1991 and 2001.

Capacity CUTS of 4 percent ends a 20-year EXPANSION STREAK for WN.

What you fail to realize is until WN cuts to the level of US AA and UA they are increasing market share year upon year. In addition they along with AA are still in line for future aircraft

 

[SKY HIGH]

What you fail to realize is until WN cuts to the level of US AA and UA they are increasing market share year upon year. In addition they along with AA are still in line for future aircraft

of course, that depends on load factors and yield. In addition, the legacies are cutting unprofitable routes, that's called cost savings, something WN was always known for.

 

[insp89]

What you fail to realize is until WN cuts to the level of US AA and UA they are increasing market share year upon year. In addition they along with AA are still in line for future aircraft

Are these future aircraft going to be an addition to the fleet, or replacements ?

How many aircraft does SW have coming ?

I think there are more airlines besides AA & SW that are in line for future aircraft.

 

[BoeingBoy]

of course, that depends on load factors and yield.

Load factor - yes, since market share is generally expressed as the percentage of passengers an airline carries in a given market and that can be affected by load factor. Of course, it can also be affected by frequency and airplane size in a given market. Fares (or yield) could theoretically enter into it, but since WN has lower costs (CASM) than any network carrier they automatically have the advantage there. Of course, that doesn't always keep the network carriers from chasing market share (or attempting to maintain it) by selling seats below cost.

Jim

 

[SKY HIGH]

Fares (or yield) could theoretically enter into it, but since WN has lower costs (CASM) than any network carrier they automatically have the advantage there. Of course, that doesn't always keep the network carriers from chasing market share (or attempting to maintain it) by selling seats below cost.

Interesting, since...........Southwest fares arent always the lowest.

 

[BoeingBoy]

Interesting, since...........Southwest fares arent always the lowest.

Now you know why WN had a higher yield than US for the last quarter reported (3Q08) - US chasing load factor with below cost fares. So which management is smart and which is dumb...

Jim

 

[SKY HIGH]

Now you know why WN had a higher yield than US for the last quarter reported (3Q08) - US chasing load factor with below cost fares. So which management is smart and which is dumb...

And, who was paying what for FUEL, during that quarter? And, what now? What is WN fuel hedge advantage now?