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-   -   WN reports most recent quarterly financials (https://www.flyertalk.com/forum/southwest-airlines-rapid-rewards/1622800-wn-reports-most-recent-quarterly-financials.html)

toomanybooks Oct 23, 14 5:58 am

WN reports most recent quarterly financials
 
http://southwest.investorroom.com/in...s=43&item=1945

Record profit, up more than 61% from last year's 3Q. ROIC 19%.

Lots more at link.

steved5480 Oct 23, 14 6:59 am


Originally Posted by toomanybooks (Post 23721457)
http://southwest.investorroom.com/in...s=43&item=1945

Record profit, up more than 61% from last year's 3Q. ROIC 19%.

Lots more at link.


^^^

tys90 Oct 23, 14 7:22 am

When's the last time pretty much every US airline was making decent profits? I haven't been following them for very long but you always hear about how many of them lost money for so many years and now it's finally turned around.

rsteinmetz70112 Oct 23, 14 8:34 am

This is the first time they've posted an increase in ASM's in a while.

They have been down slightly for most of the year. I also notice that they have 55 firm aircraft orders for 2014 and as of September 30 have received only 25 of them.

toomanybooks Jul 22, 15 7:45 am

Discussion:

http://southwest.investorroom.com/in...s=43&item=2039

IWannaGoWhereItsWarm. Jul 23, 15 7:14 am

.....wrong article

right one..

http://abcnews.go.com/Business/wireS...casts-32634441

toomanybooks Jul 23, 15 7:25 am

http://southwest.investorroom.com/in...s=43&item=2040

IWannaGoWhereItsWarm. Jul 23, 15 7:29 am


Originally Posted by toomanybooks (Post 25160299)

Thanks!^

MrMan Jul 23, 15 2:20 pm

But, but, but how can this be with so many planes moving out of the ATL market.:cool:

Outstanding news

oswaldjacoby Jul 23, 15 3:11 pm

Implications for Labor Contracts
 
As a shareholder, I like all these profits---and have benefited from the 100s of millions of dollars going into increased dividends and stock buy backs.

But I am sure labor will be pointing out that some of this cash should be going to the employees. In the past, SW poured profits into growing the business--something that benefited both shareholders and employees. Perhaps the economics no longer support growing the business, but it makes it really hard for SW to claim that paying its employees more will threaten the business--since it is pretty clear it will just change the balance of $$ between employees and shareholders

LegalTender Jul 23, 15 3:22 pm


Originally Posted by oswaldjacoby (Post 25162859)
But I am sure labor will be pointing out that some of this cash should be going to the employees. In the past, SW poured profits into growing the business--something that benefited both shareholders and employees.

+1

They're doing more than "pointing it out," apparently.

Southwest Airlines Could Hit Stormy Weather as Flight Attendant Contract Vote Concludes


"Yet another Southwest flight attendant said the likely news of Southwest's record profits on Thursday could seal the rejection of the contract among even those Southwest flight attendants who are still on the fence about which way to vote.

Online voting closes at 12 noon central time on Friday, and the results of the vote are expected to be announced to rank and file at 6 p.m. the same day.

Even some members of the team of so-called educators who have fanned out across the Southwest system in recent days to sell flight attendants on the new contract concede the outcome of the vote could go against Southwest CEO Kelly and the tentative contract the airline's top executive wants to see ratified.

For many flight attendants, two of the biggest issues in the proposed contract are the longer duty day (up from 10.5 to 12 hours) and new vacation rules.

But many flight attendants also argue the Southwest company culture has changed dramatically in recent years, and not for the better since Kelly took control of the company. Those sentiments may factor into the vote outcome as well."

toomanybooks Jul 24, 15 9:59 pm

Earnings call transcript:

http://seekingalpha.com/article/3352...pt?part=single

Some interesting stuff about how changes to the financial treatment of FF program will bring them a big profit coming up.

diver858 Jul 25, 15 11:28 pm


Originally Posted by LegalTender (Post 25162933)
+1

They're doing more than "pointing it out," apparently.

Southwest Airlines Could Hit Stormy Weather as Flight Attendant Contract Vote Concludes

Voted down, by a large majority - http://www.bizjournals.com/chicago/n...html?ana=yahoo

Gary Kelly has some splainin to do.
http://www.greenbuildingadvisor.com/...ckyricardo.jpg

IWannaGoWhereItsWarm. Jul 26, 15 7:09 am


Originally Posted by diver858 (Post 25173391)
Voted down, by a large majority - http://www.bizjournals.com/chicago/n...html?ana=yahoo

Gary Kelly has some splainin to do.
http://www.greenbuildingadvisor.com/...ckyricardo.jpg

Good one. :D

toomanybooks Oct 16, 15 8:08 am

Conference call Oct 22 to discuss 3Q financials.

http://southwest.investorroom.com/in...s=43&item=2060


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