MinRest

How much did SWA lose last quarter?

AKCattleCarrier

Disagree. Fluffing unrealistic expectations is in fact unkind. Would much prefer making decisions for my life from a position of reality.

$1.9B is an absurd valuation for a company that loses this much money (not as absurd as what they paid for Virgin but still absurd). Its going to have to be dismantled and built back from the ground up. Sounds like a lot of displacement bids. Who has seen the combined seniority list based on relative seniority? I have HA pilots with 2 years less TOS sitting next to me. Thats relative seniority which is an absolute best case scenario for AS pilots.

AKCattleCarrier

They made $367M on record quarterly revenues of $7.4B

https://www.southwestairlinesinvesto...2024-114534661

Neosporin

What? So, any local family of 4 traveling to Hilo from HNL is the point. As long as SWA has flights and they are cheaper, that's the reality to a consumer when two bags are free. Yes HA has had price wars and price specials over that last couple of years, but because of SWA. No one cares if they are losing money as a consumer.

Jetlikespeed

dude… that merged seniority list floating around is someone made by merging the two list on excel… a lot of the virgin guys are junior to themselves on that list, that’s not possible with the ALPA merger laws. They need to be taken out and merged at their equivalent seniority when AS and VX merged. That list is not real.

AKCattleCarrier

"Dude".....someone took the two seniority lists and stacked them based on their relative seniority on their current list. Seems pretty straightforward regardless of what program they used. Not sure what you mean by "Virgin pilots are jr to themselves". If you mean they lost seniority, than yeah, thats what I mean. AS pilots, in general, ARE GOING to lose relative seniority in this deal. I have read the ALPA merger laws, they are vague and leave a lot up to interpretation. I recently flew with a CA on the membership committee. According to him the membership committee is very worried about the SLI and is looking for ways to mitigate the damage of wide body expectations.

Also interesting side note. The same CA on the membership committee told me that current ALPA SLI philosophy is to not uses fences in favor of weighting seniority based on career expectations (whatever that means). Therefore, unlike a fence, which comes down and in theory things begin to even out, instead the placement of the pilot with a higher weighted "career expectation" remains in place for the duration of their career. So I responded "what about the career expectation of working for a company that is profitable and thriving versus a flaming dumpster fire?" He said yes that in theory is part of the weighting as well but is difficult to argue because the financial future of a company is an unknown variable vs the very known variable that HA pilots fly further in wider airplanes. So I said "what about the career expectation of being forced to commute to an island in the middle of the pacific for an entire career?" He said that is the primary line of defense they are hoping will be weighted heavily for the AS Pilots.

GoodJet

A friend who grew up in HNL reacted with a lot of concern when she heard that AS was trying to buy HA. Like it would be bad for the customer. Similar reactions from two other friends that grew up there too. But yeah my sample size is 3 people lol.

Anyway just hopeful that both groups can remain respectful during what I am pretty well convinced will be a very difficult time for all of us.

PineappleXpres

Consumers deserve to pay a competitive price. It’s natural. Not a below cost price. Enter SWA billion plus loss.

PNWFlyer

my new guess is they are just going to keep asking for infinite extensions.

PurringRaccoon

I have full confidence that SLI will be settled in a way that everyone is angry