WN reports most recent quarterly financials
#46
Join Date: Feb 2007
Location: LAX/SMF/PDX/HNL
Programs: Hilton-lifetime diamond, Southwest A+, companion pass
Posts: 1,748
But for the small sign, there seems to be no effort to sell this.
#47
Join Date: Jul 2013
Posts: 5,813
#48
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 5,508
#49
Join Date: Oct 2010
Location: San Diego, Ca
Programs: AA 2MM LT PLT; AS MVP Gold75k; HHonors Diamond; IHG PLT
Posts: 3,502
AS/VX has significantly increased service over the past year or so (DAL, SAN, and SJC intra-California, west and midwest, BWI and EWR), much of which is in direct competition with WN. Too early to say how this will play out long term, but it has put pressure on fares. Much of the new AS service is provided by OO on new E175's, with significantly lower cost structures than WN, suggesting stiff price competition could continue for some time. In addition, AS just launch a Q4 double mile promotion for most of the newer destinations.
#50
FlyerTalk Evangelist
Join Date: Dec 2004
Location: MSP
Programs: Fallen Plats, ex-WN CP, DYKWIW; still a Hilton Diamond & Club Cholula™ R.I.P. Super Plats
Posts: 25,415
Being halfway through their 45 consecutive year of profits must really be a punishing drag.
#51
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 5,508
The much-watched metric is unit revenue. Aligning their expansion plans with demand is the key. The "drag" from the new reservation system is unforeseen. Honestly, it never crossed my mind.
#52
Join Date: Jun 2016
Location: Dallas, TX
Posts: 134
I used to book early bird for every flight; now, I just check in super early (thanks, Tripit) and go straight to the back.
#53
FlyerTalk Evangelist
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,184
#54
Join Date: Oct 2001
Programs: LTP, PP
Posts: 8,698
At sleepy little GSP a few years back I recall my bored GA literally doing a running commercial for the gate upgrades including paging passengers by name to say they were eligible. On a fairly empty flight too. Also recall at check-in an Agent insisting on taking my credentials as I started to work the baggage kiosk and do it herself. Great little airport.
#55
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Location: Chicagoland, IL, USA
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#56
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 5,508
Southwest Airlines posted a third-quarter adjusted profit of 88 cents a share on Thursday, narrowly beating Wall Street estimates, but revenues fell short of expectations.
Southwest, the United States' second-largest airline by market capitalization, said it had canceled some 5,000 flights by the end of September because of the powerful hurricanes that struck the southern U.S. and the Caribbean, as well as the deadly earthquake that hit Mexico City last month. The disasters shaved $100 million off passenger revenues in the quarter.
The airline's revenue from each seat it flies a mile, a key industry metric, fell 0.5 percent in the quarter from a year earlier.
Revenue in the three months ended Sept. 30 was $5.27 billion, slightly lower than analyst estimates of close to $5.31 billion.
Southwest, the United States' second-largest airline by market capitalization, said it had canceled some 5,000 flights by the end of September because of the powerful hurricanes that struck the southern U.S. and the Caribbean, as well as the deadly earthquake that hit Mexico City last month. The disasters shaved $100 million off passenger revenues in the quarter.
The airline's revenue from each seat it flies a mile, a key industry metric, fell 0.5 percent in the quarter from a year earlier.
Revenue in the three months ended Sept. 30 was $5.27 billion, slightly lower than analyst estimates of close to $5.31 billion.
#57
FlyerTalk Evangelist
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,184
#58
FlyerTalk Evangelist
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 14,184
#59
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 5,508
#60
FlyerTalk Evangelist
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
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Earnings call transcript for 2Q 2018.
https://seekingalpha.com/amp/article...all-transcript
FT folks could come up with better questions.
https://seekingalpha.com/amp/article...all-transcript
FT folks could come up with better questions.