WN reports most recent quarterly financials

Old Jul 29, 17, 7:48 pm
  #46  
 
Join Date: Feb 2007
Location: LAX/SMF/PDX
Posts: 1,101
Originally Posted by joshua362 View Post
Gate upgrades are considered a significant source of revenue for WN? How many people really buy these? This has got to be the greatest deflection in financial doublespeak history and got to be masking something bigger. Misdirection as GOB would say...
I have not heard the $40 upgrade being announced by the gate agent staff in quite some time.

But for the small sign, there seems to be no effort to sell this.
dlaue is offline  
Old Jul 30, 17, 6:58 am
  #47  
 
Join Date: Jul 2013
Posts: 5,343
Originally Posted by dlaue View Post
I have not heard the $40 upgrade being announced by the gate agent staff in quite some time.

But for the small sign, there seems to be no effort to sell this.
Time for another memo to all of the Gate Agents. But they still have those stupid little signs.
rsteinmetz70112 is online now  
Old Jul 30, 17, 8:22 am
  #48  
 
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 4,582
Originally Posted by joshua362 View Post
Gate upgrades are considered a significant source of revenue for WN? How many people really buy these? This has got to be the greatest deflection in financial doublespeak history and got to be masking something bigger.
Correct. We all paid more to fly one mile than we did last summer. But adding capacity faster than demand is growing leads to price-slashing. A revenue quandary that impacts "fee free" carriers most worries the Street.

LegalTender is offline  
Old Aug 3, 17, 12:38 pm
  #49  
 
Join Date: Oct 2010
Location: La Jolla, Ca
Programs: AA 2MM LT PLT; AS MVP Gold; HHonors Diamond; IHG PLT
Posts: 3,029
Originally Posted by LegalTender View Post
Correct. We all paid more to fly one mile than we did last summer. But adding capacity faster than demand is growing leads to price-slashing. A revenue quandary that impacts "fee free" carriers most worries the Street.

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.
diver858 is offline  
Old Aug 9, 17, 11:49 am
  #50  
FlyerTalk Evangelist
 
Join Date: Dec 2004
Location: MSP
Programs: Fallen Plats, ex-WN CP, DYKWIW; still a Hilton Diamond & Club Cholula™ Super Plats
Posts: 25,247
Originally Posted by LegalTender View Post
Investors punished LUV for "slowed unit growth revenue."

Gary Kelly blames "unexpected drag" from the new reservation system and "items that we didn't anticipate our people having such difficulty with."

...
Being halfway through their 45 consecutive year of profits must really be a punishing drag.
MikeMpls is offline  
Old Aug 10, 17, 6:43 am
  #51  
 
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 4,582
Originally Posted by MikeMpls View Post
Being halfway through their 45 consecutive year of profits must really be a punishing drag.
Same for Motorola. Before it ran past product change signposts.

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.
LegalTender is offline  
Old Aug 15, 17, 9:24 pm
  #52  
 
Join Date: Jun 2016
Location: Dallas, TX
Posts: 128
Originally Posted by joshua362 View Post
Gate upgrades are considered a significant source of revenue for WN? How many people really buy these? This has got to be the greatest deflection in financial doublespeak history and got to be masking something bigger. Misdirection as GOB would say...
I bought it once to try and get 12A (or whatever the number of that seat with the extended legroom is). Waste of $40, though I did get a decent boarding position (A16 or something like that).

I used to book early bird for every flight; now, I just check in super early (thanks, Tripit) and go straight to the back.
carlosnunez.dfw is offline  
Old Oct 21, 17, 8:35 pm
  #53  
FlyerTalk Evangelist
Original Poster
 
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 13,614
3Q17 financial results webcast coming 10/26

https://finance.yahoo.com/news/south...203600216.html
toomanybooks is online now  
Old Oct 22, 17, 7:21 am
  #54  
 
Join Date: Oct 2001
Programs: LTP, PP
Posts: 7,878
Originally Posted by rsteinmetz70112 View Post
Time for another memo to all of the Gate Agents. But they still have those stupid little signs.
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.
joshua362 is offline  
Old Oct 26, 17, 6:11 am
  #55  
FlyerTalk Evangelist
Original Poster
 
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 13,614
3Q 2017

http://www.southwestairlinesinvestor...2017-113050163
toomanybooks is online now  
Old Oct 26, 17, 7:04 am
  #56  
 
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 4,582
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.
CNBC

LegalTender is offline  
Old Jan 25, 18, 4:38 am
  #57  
FlyerTalk Evangelist
Original Poster
 
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 13,614
4Q 2017

toomanybooks is online now  
Old Jul 26, 18, 4:39 am
  #58  
FlyerTalk Evangelist
Original Poster
 
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 13,614
2Q 2018

toomanybooks is online now  
Old Jul 26, 18, 11:51 am
  #59  
 
Join Date: Sep 2002
Location: Blue Ridge, GA
Posts: 4,582
LegalTender is offline  
Old Jul 26, 18, 3:47 pm
  #60  
FlyerTalk Evangelist
Original Poster
 
Join Date: Sep 2002
Location: Chicagoland, IL, USA
Programs: WN CP, Hilton Diamond
Posts: 13,614
Earnings call transcript for 2Q 2018.

https://seekingalpha.com/amp/article...all-transcript

FT folks could come up with better questions.
toomanybooks is online now  

Thread Tools
Search this Thread
Search Engine: