DiamondFlyer wrote:jfklganyc wrote:As someone that has been flying throughout this whole thing, And has been in the nitty-gritty since March, and currently sees what is going on today...
This expansion by Southwest would make me very nervous if I had any long term interest: Employment investment Etc
If you are out there every day, and you really take a hard look at what is going on, this is not the time to embark on a 10+ city expansion.
Nothing is making money. Loads are still only a fraction of what they were. God only knows what the yields are.
I will be labeled a hater… But I will be the first want to say it… This kind of expansion in this environment is reckless.
Absolutely not true. Southwest is positioning itself to grow in the domestic market. They are without a doubt going to be profitable before UA/AA/DL, due to lack of high dollar intentional widebody flying hat will take half a decade to get back to 2019 level. Southwest can make a move on domestic they didn't do pre-covid, right now, to try to cash in on growth that will come over the next 24 months.
That’s where I think the fundamental disagreement is.
No one is flying out of this unscathed. No one. The magnitude is too great. And it still has no end date.
One airline is going to go into bankruptcy… And they are all going to follow. Just like in the mid 2000s. The only question at this point, who’s going to go in first and start a chain reaction