FlyerTalk Forums - View Single Post - Southwest Airlines loses $120M in 3Q on fuel charge
Old Oct 16, 2008 | 9:43 am
  #9  
FWAAA
FlyerTalk Evangelist
 
Join Date: May 2001
Location: LAX; AA EXP, MM; HH Gold
Posts: 31,789
Originally Posted by num1bearsfan
Hmm... Something about this smells foul. I'm not going to dive into details, but I'll just say that it would actually work into the company's favor to report a loss right about now, and it looks like they've sort of manufactured a way to do so. The timing is just all too perfect..

I'm sure 90% of you have no idea what I'm talking about, but some might..
After reading post #5 and now this one, it's apparent that you have no idea what you're talking about. I, on the other hand, know exactly what you're talking about, and I suspect that everyone else here (like those who understand the words "accounting charge") know what you're talking about as well.

Given that WN didn't actually lose money in the third quarter from its flying, any suggestion that the loss was "manufactured" in order to get a leg up in labor negotiations is ludicrous. Carry on.
FWAAA is offline