WN reports most recent quarterly financials
Oct 23, 2014, 5:58 am
#1
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
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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.
Record profit, up more than 61% from last year's 3Q. ROIC 19%.
Lots more at link.
Oct 23, 2014, 6:59 am
#2
Join Date: Jun 2011
Location: MCI
Programs: CBP Global Entry, WN A-List Preferred, WN Companion Pass
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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.
Record profit, up more than 61% from last year's 3Q. ROIC 19%.
Lots more at link.
^^^
Oct 23, 2014, 8:34 am
#4
Join Date: Jul 2013
Posts: 5,813
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.
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.
Jul 22, 2015, 7:45 am
#5
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Jul 23, 2015, 7:14 am
#6
Join Date: Jul 2015
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Jul 23, 2015, 7:25 am
#7
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Jul 23, 2015, 7:29 am
#8
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Jul 23, 2015, 3:11 pm
#10
Join Date: Jun 2005
Posts: 538
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 $$ between employees and shareholders
But I am sure labor will be pointing out that some of this cash should be going to the employees. In the past, SW poured profits into growing the business--something that benefited both shareholders and employees. Perhaps the economics no longer support growing the business, but it makes it really hard for SW to claim that paying its employees more will threaten the business--since it is pretty clear it will just change the balance of $$ between employees and shareholders
Jul 23, 2015, 3:22 pm
#11
Join Date: Sep 2002
Location: Blue Ridge, GA
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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."
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."
Jul 24, 2015, 9:59 pm
#12
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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.
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.
Jul 25, 2015, 11:28 pm
#13
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+1
They're doing more than "pointing it out," apparently.
Southwest Airlines Could Hit Stormy Weather as Flight Attendant Contract Vote Concludes
They're doing more than "pointing it out," apparently.
Southwest Airlines Could Hit Stormy Weather as Flight Attendant Contract Vote Concludes
Gary Kelly has some splainin to do.
Jul 26, 2015, 7:09 am
#14
Join Date: Jul 2015
Posts: 69
Voted down, by a large majority - http://www.bizjournals.com/chicago/n...html?ana=yahoo
Gary Kelly has some splainin to do.
Gary Kelly has some splainin to do.
Oct 16, 2015, 8:08 am
#15
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Conference call Oct 22 to discuss 3Q financials.
http://southwest.investorroom.com/in...s=43&item=2060
http://southwest.investorroom.com/in...s=43&item=2060