DeltAirlines From United States of America, joined May 1999, 8987 posts, RR: 11
Reply 3, posted (12 years 4 months 1 week 2 days 9 hours ago) and read 4142 times:
The LUV comes from WN's listing on the Stock Exchange. Anyway, it could be a new city, but I still think that their first priority is to connect the dots. For example, I could see with a good number of these new planes doing transcons, especially out of MHT, BDL, BWI, RDU, and MCO. Also, I wouldn't be surprised to see some of these planes replace some 737-200s on an aircraft-for-an-aircraft basis.
Also, these will be delivered with winglets, right?
OPNLguy From , joined Dec 1969, posts, RR:
Reply 6, posted (12 years 4 months 1 week 2 days 5 hours ago) and read 3852 times:
>>>Also, these will be delivered with winglets, right?
It was mentioned in the previous winglet announcement that new aircraft delivered from Boeing would be winglet-equipped starting in the fall of 2004. Based on that, I'd have to guess that roughly 25-30 of those 42 aircraft coming in 2004 will -NOT- be winglet-equipped and get modified later.
Scottb From United States of America, joined Jul 2000, 7266 posts, RR: 30
Reply 7, posted (12 years 4 months 1 week 2 days 5 hours ago) and read 3842 times:
Actually, 6 new aircraft for delivery in February could have two purposes: (1) to take advantage of seasonal increases in demand from MHT, PVD, BDL, BUF, ALB, ISP, and BWI to Florida (perhaps the long-awaited daily non-stops to FLL and/or PBI from all but the last two, which already have them) and (2) the aforementioned new city.
Southwest did state that several of those deliveries would be used to replace retiring -200's as well, but it's quite clear that Southwest is bullish on recovery prospects in 2004 given that they've exercised all their options for 2004 and accelerated deliveries and options from 2005 to 2004.
Southwest nets $246 million in quarter, adds more aircraft
Dateline: Tuesday July 22, 2003
Based on its second-quarter financial performance, it will take more than a war to slow down Southwest Airlines.
The carrier reported net income of $246 million for the three months ended June 30, more than twice the net income of $102 million in the year-ago period. Excluding special items in both years, second-quarter 2003 net income increased 22.6% to $103 million from $84 million in the 2002 quarter.
Special items in the current period included $271 million pre-tax in security fee rebates that resulted in an extra $41 million in employee profit-sharing at the operating level. Second-quarter 2002 results included $36 million in passenger revenue from a reduction in estimated future refunds and exchanges in air traffic liability.
"Although bookings softened early in the quarter as a result of the war in Iraq, traffic and revenues finally began to improve in mid-June," Vice Chairman and CEO James Parker said. Based on the current revenue and cost outlook, he expects third-quarter earnings to exceed third-quarter 2002 earnings of $75 million, which included $48 million pre-tax in government funds.
And while most US Majors scaled back capacity in light of the Iraq war and the SARS outbreak, Southwest continued to grow. RPMs for the quarter increased 4.6% to 12.55 billion and ASMs climbed 4.2% to 17.89 billion compared to the prior-year period.
The carrier is not stopping there. Executive VP-Finance and CFO Gary Kelly said Southwest will take eight more 737-700s than intended in 2004. It had planned to take 17 and will now add 25 by bringing forward deliveries of two firm and six option aircraft originally set for 2005.
Total operating revenues rose 2.9% to $1.52 billion in the second quarter while operating expenses climbed 7.1% to $1.38 billion. As a result, operating income dropped 25.9% to $140 million from $189 million in the year-ago period. Excluding special items in both years, however, operating income increased 13.8% to $181 million from $159 million in the 2002 period, the company said.
Yield per RPM decreased 1.8% to 11.67 cents. Operating RASM fell 1.3% to 8.47 cents while CASM rose 2.7% to 7.68 cents owing to higher profit-sharing expense on the government grant. Parker said unit revenues thus far in the third quarter are exceeding year-ago levels. The company expects third-quarter 2003 unit costs excluding fuel to exceed last year's figure of 6.23 cents as well.
For the six months ended June 30, net income more than doubled to $270 million compared to net income of $123 million in the previous year. Operating revenues rose 5% to $2.87 billion and operating expenses jumped 7.5% to $2.68 billion, producing an operating income of $186 million, a 21.8% drop compared to operating income of $238 million in the year-ago period.--Loren Farrar
Firings, if well done, are good for employee morale.
MSYtristar From , joined Dec 1969, posts, RR:
Reply 14, posted (12 years 4 months 1 week 1 day 19 hours ago) and read 3591 times:
MSY to MDW/MCI/PVD/SEA and increased nonstop service to BWI,LAX,LAS,MCO,FLL....these would not constitute the 40 additional flights per day they are planning on adding here eventually, but it's a start.
Lots of room for WN growth down here, only a matter of time.
I'd expect STL to see a good chunk of new flights to some abandoned AA routes as well as expanded service to some major business and leisure cities.
As for new cities....your guess is as good as mine. Truth is no one really knows except for WN management.