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Originally Posted by tonyw The problem is Southwest and the other LCC simply cannot provide us with the air transportation system we need in this country. Period. Their own founder said this.
So if the guys who do have the ability to provide.......cut too much capacity, we're gonna have problems. |
Yeah, that would be bad. We certainly don't have any problems right now. The
guys who do have the ability...... have absolutely run the legacy carriers into complete collapse. SWA just keeps making profits. Hang in there Tony, keep saying it long enough it's bound to come true some day.
I love the breathless anticipation of SWA being in the same trouble as everyone else. Just check out their balance sheet and try to figure out how even a few losing years gets them in the kind of trouble everyone else is in:
http://finance.yahoo.com/q/bs?s=LUV&annual Quote:
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What kind of logic is this? We gotta reduce capacity, but, hey, I'm gonna expand my fleet.
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It's the kind of "logic" you get from someone who is running a company that always makes money. As he said: "The first thing I would do if I was losing money would be to stop buying airplanes."
Frankly, I believe him. I think SWA will protect their balance sheet. Something Delta used to be famous for.