Activist Investor pushing changes at SWA
#91
Gets Weekends Off
Joined APC: Jun 2016
Posts: 111
Couple of experts here, clearly.
Hawaii is a multi layered deal. Even if the flights themselves break even, that whole node of the network is a magnet for the biggest money maker of them all, which is a branded credit card and the associated points.
At this point, they would have cut and run if it was a loser or at least pulled back significantly. The load factors are going to be awful when you fly 175 seat airplanes inter-island. Inter-island loses money so that the rest of it can make money. It was the key that caused the red carpet to get rolled out. Once redeyes come online, (allegedly early 25) I suspect that there will be a lot less aircraft overnighting there.
As for HA and AS, yeah, that's going to clearly change the game. I am interested to see how it all shakes out.
Hawaii is a multi layered deal. Even if the flights themselves break even, that whole node of the network is a magnet for the biggest money maker of them all, which is a branded credit card and the associated points.
At this point, they would have cut and run if it was a loser or at least pulled back significantly. The load factors are going to be awful when you fly 175 seat airplanes inter-island. Inter-island loses money so that the rest of it can make money. It was the key that caused the red carpet to get rolled out. Once redeyes come online, (allegedly early 25) I suspect that there will be a lot less aircraft overnighting there.
As for HA and AS, yeah, that's going to clearly change the game. I am interested to see how it all shakes out.
This is frome the Beat of Hawaii 3 months ago. Are they making it up?
Southwest first added then cut Hawaii flights. Now even more cuts are on the table.
What’s coming next was referred to by Southwest last week in an SEC filing as “schedule re-optimization.” With that, the airline confirmed further cuts are coming to flights it will operate in 2024. The new term came from Southwest when they were asked about what flights they might soon cut. The company said, ““We don’t yet have anything to share about schedule re-optimization at specific airports we serve.”Southwest already cancelled about 50% of Hawaii flights since its heyday.
That occurred as the company continues to evolve a long-term niche in both interisland and mainland to Hawaii service. That evolution includes having moved to a seasonally or occasionally operated schedule instead of entirely year-round flights. That is in fact becoming more common across the entire industry, including at competitors Alaska Airlines and Hawaiian Airlines.
#92
Gets Weekends Off
Joined APC: Apr 2013
Posts: 3,720
Couple of experts? None of that was my opinion, I quoted articles from Hawaii reporters. Please continue, tell us how much smarter you are than everyone else. It sounds familiar, kind of like the C suite, who got blindsided by this current situation.
This is frome the Beat of Hawaii 3 months ago. Are they making it up?
This is frome the Beat of Hawaii 3 months ago. Are they making it up?
Southwest first added then cut Hawaii flights. Now even more cuts are on the table.
What’s coming next was referred to by Southwest last week in an SEC filing as “schedule re-optimization.” With that, the airline confirmed further cuts are coming to flights it will operate in 2024. The new term came from Southwest when they were asked about what flights they might soon cut. The company said, ““We don’t yet have anything to share about schedule re-optimization at specific airports we serve.”Southwest already cancelled about 50% of Hawaii flights since its heyday.
That occurred as the company continues to evolve a long-term niche in both interisland and mainland to Hawaii service. That evolution includes having moved to a seasonally or occasionally operated schedule instead of entirely year-round flights. That is in fact becoming more common across the entire industry, including at competitors Alaska Airlines and Hawaiian Airlines.Hawaii was a big change for SWA. It's the kind of bold change that needs to continue for this airline to survive long term. Watterson is probably the only VP of the whole bunch that is even slightly capable of taking the top spot.
It just slays me that everyone here is suddenly an expert on what our problem is and how to fix it now that a hedge fund has arrived to rescue us from ourselves. Exiting Hawaii and going back to the same strategy we used in the 1900's isn't the answer, I promise you that.
#94
Banned
Joined APC: Dec 2023
Posts: 534
Man, I hope all you smart guys on here brush off your resume and apply for the CEO job. Sounds like you guys might be too smart for you own good. I bet none of you so called experts have ever ran a business, much less own one rental property. But now you're going to tell us all how to run a Fortune 500 company. I'm sure when all of you have had the big interview with Elliot and confirmed by the SWAPA board, we can all feel at ease your appointment as new CEO. You and the Hispter SWAPA President can fix all the problems we have here at SWA, since you two seemed to have all the answers.
#95
Banned
Joined APC: Dec 2023
Posts: 534
Man, I hope all you smart guys on here brush off your resume and apply for the CEO job. Sounds like you guys might be too smart for you own good. I bet none of you so called experts have ever ran a business, much less own one rental property. But now you're going to tell us all how to run a Fortune 500 company. I'm sure when all of you have had the big interview with Elliot and confirmed by the SWAPA board, we can all feel at ease with your appointment as the new CEO. You and the Hispter SWAPA President can fix all the problems we have here at SWA, since you two seemed to have all the answers.
#96
Gets Weekends Off
Joined APC: Aug 2020
Posts: 116
Man, I hope all you smart guys on here brush off your resume and apply for the CEO job. Sounds like you guys might be too smart for you own good. I bet none of you so called experts have ever ran a business, much less own one rental property. But now you're going to tell us all how to run a Fortune 500 company. I'm sure when all of you have had the big interview with Elliot and confirmed by the SWAPA board, we can all feel at ease with your appointment as the new CEO. You and the Hispter SWAPA President can fix all the problems we have here at SWA, since you two seemed to have all the answers.
#98
“Well, they call it the coconut wireless,” said Andrew Watterson, Southwest’s chief operating officer. “Basically, word of mouth is very strong in Hawaii. If you disrespect somebody, if you ill-serve somebody, they'll tell their friends, they'll tell their relatives or tell their cousins, and everybody will know. So, you must establish a brand and a reputation for delivering well.”
SWA will never be considered a local in Hawai'i. They are actually the epitome of haoles who come to the islands and try to colonize and expect friendly locals to welcome them with leis and pineapples but quickly realize they are unwelcome.
#99
Haha way to rip off Jimmy Buffett Andrew. It's actually called the Coconut Telegraph and it's in Key West and Buffett had a hit song about it. But the details are correct except that it's usually rumors of scandals caused by drunk locals doing dumb stuff.
SWA will never be considered a local in Hawai'i. They are actually the epitome of haoles who come to the islands and try to colonize and expect friendly locals to welcome them with leis and pineapples but quickly realize they are unwelcome.
SWA will never be considered a local in Hawai'i. They are actually the epitome of haoles who come to the islands and try to colonize and expect friendly locals to welcome them with leis and pineapples but quickly realize they are unwelcome.
#100
Annexation of Hawaii, 1898
America's annexation of Hawaii in 1898 extended U.S. territory into the Pacific and highlighted resulted from economic integration and the rise of the United States as a Pacific power. For most of the 1800s, leaders in Washington were concerned that Hawaii might become part of a European nation's empire. During the 1830s, Britain and France forced Hawaii to accept treaties giving them economic privileges. In 1842, Secretary of State Daniel Webster sent a letter to Hawaiian agents in Washington affirming U.S. interests in Hawaii and opposing annexation by any other nation. He also proposed to Great Britain and France that no nation should seek special privileges or engage in further colonization of the islands. In 1849, the United States and Hawaii concluded a treaty of friendship that served as the basis of official relations between the parties.A key provisioning spot for American whaling ships, fertile ground for American protestant missionaries, and a new source of sugar cane production, Hawaii's economy became increasingly integrated with the United States. An 1875 trade reciprocity treaty further linked the two countries and U.S. sugar plantation owners from the United States came to dominate the economy and politics of the islands. When Queen Liliuokalani moved to establish a stronger monarchy, Americans under the leadership of Samuel Dole deposed her in 1893. The planters' belief that a coup and annexation by the United States would remove the threat of a devastating tariff on their sugar also spurred them to action. The administration of President Benjamin Harrison encouraged the takeover, and dispatched sailors from the USS Boston to the islands to surround the royal palace. The U.S. minister to Hawaii, John L. Stevens, worked closely with the new government.
Dole sent a delegation to Washington in 1894 seeking annexation, but the new President, Grover Cleveland, opposed annexation and tried to restore the Queen. Dole declared Hawaii an independent republic. Spurred by the nationalism aroused by the Spanish-American War, the United States annexed Hawaii in 1898 at the urging of President William McKinley. Hawaii was made a territory in 1900, and Dole became its first governor. Racial attitudes and party politics in the United States deferred statehood until a bipartisan compromise linked Hawaii's status to Alaska, and both became states in 1959.
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