On another note:
SWA recently noted that we will be about 3% down on CASM in 19. Well I say big deal. We were 3% down on CASM this past 2nd quarter. And more than made up for that in the 3rd Q.
Now we have new articles coming that SWA will be selling Hawaii tickets in 2018 for 2019 flights. Pretty sure the Hawaii flights sold in 2018 as well as in 2019 will more than make up for the 3% reduction they are predicting.
Southwest Airlines says it still aims to sell Hawaii tickets ...
More propaganda prior to entering the nego's with Mechanics, stores, Pilots and F/A's all around the exact same time period.
Not to mention from above, the added increasing flights in Hou, as well as other growing cities and international growth as well.
So as we move into more talks expect the usual postings from the company about cutting cost, getting more efficient, getting more and more out of our wonderful employees, etc... I can assure there are many areas where cost can be cut, including but not limited to IT cost of new systems that they want to try once again like the two other huge failures costing 100's of millions, they could cut back on some building expansions, parking garages, share buy-backs, company functions, parties, food purchases for all the office people is way out of control. Almost 100 grand pays one food vendor for sandwich lunches for one year. That's only one of them.
If they were really serious about cutting cost they would cut the cost that get wasted each and every single day on feel good parties, alcohol, food, entertainment (inside and outside venues) etc.
Until all the wasteful spending is stopped, then we might look at cutting cost in certain work groups. We are already THE most productive Mechanics in this industry and with our such low rate of Mechanics to Aircraft ratio it would be extremely hard to get more efficient. The simple cost of maint. is just a big budget requirement of being an airline.
Bottom line, expect more typical cost savings propaganda to continue when we get closer with Pilots and F/A's too.
Fantastic Record 3rd Q. Congrats to all employees for a great earnings report...