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Old 05-25-2008, 08:43 AM   #21 (permalink)
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I really am not a Southwest basher. Never interviewed there, but it looks like it would be a ton a fun to work there.

However, it seems with oil heading higher and higher if you look at what Southwest has done--made air travel affordable for a such a huge number of people that could simply not afford it at all before there was a Southwest-- then how are these people going to pay when the hedging eventually escalates (and it will) to the breaking point?

I guess the question is, will the average Southwest passenger still be capable of paying in 3-5 years? Airplane travel is speed travel. There used to be a premium for speed. Southwest cut that premium. Will Amtrack and Greyhound resume their former more cost friendly place in the lives of the American traveller?

I think the smarter choice may be to go fly airplanes for the rich people. Someday soon they are all who will be able to afford flying again.
Yes you are right about the rich people in the future, but they will be flying southwest also.
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Old 05-25-2008, 09:30 AM   #22 (permalink)
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I always have to half laugh when I see comments about the "typical" pax on SWA. Making such an ignorant statement is simply refusing to believe certain facts. The people who fly on SWA do not do so simply because it is cheaper, it is because it is BETTER. The legacy carriers do not care about passengers and have not for sometime. SWA does and they do a great job. Bubba sitting next to you maybe in a NASCAR shirt and blue jean cutoff's..but he may be the CEO of some company. And you will see the SAME Bubba sitting on any other carrier. You laugh at their customers while the company makes millions and the legacy carriers are dying a slow death? Interesting. Domestically, I would rather fly on SWA than ANY legacy carrier. The airplanes are cleaner, the people are nicer and they are on time! The same things are lost on the legacy carriers.

As for the rich....you will NOT see them on a SWA or any other airline. Most MAKE money during these economic times and do no want to subject themselves to the $hit service and security at the airport and from the airlines. NetJets, Citation Shares, and Flex Jet are all growing.....why is that?

Glad to hear SWA is hiring....great company with a great business model.
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Old 05-25-2008, 01:56 PM   #23 (permalink)
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Classy.........
I think you missed the sarcasm.
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Old 05-25-2008, 02:11 PM   #24 (permalink)
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As for the rich....you will NOT see them on a SWA or any other airline. Most MAKE money during these economic times and do no want to subject themselves to the $hit service and security at the airport and from the airlines. NetJets, Citation Shares, and Flex Jet are all growing.....why is that?

Maybe, maybe not - most people got rich by not spending their money. I would assume that the fractionals are flown by mostly companies, or at least paid for by mostly companies.
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Old 05-25-2008, 02:14 PM   #25 (permalink)
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The key to their success is a management team that thinks ahead, that cares about their employees. The most fundamental principle which has been forgotten in our industry...”the airline takes care of their employees, the employees take care of their customers, the customers take care of the stock holders”.

The problem with other airlines is that they try to take care of their investors first and foremost, no matter what the outcome might be to their workforce or their product. Southwest will always be successful because of their culture, not because of their hedges or any other cost saving tactic.
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Old 05-25-2008, 04:59 PM   #26 (permalink)
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The key to their success is a management team that thinks ahead, that cares about their employees. The most fundamental principle which has been forgotten in our industry...”the airline takes care of their employees, the employees take care of their customers, the customers take care of the stock holders”.

The problem with other airlines is that they try to take care of their investors first and foremost, no matter what the outcome might be to their workforce or their product. Southwest will always be successful because of their culture, not because of their hedges or any other cost saving tactic.

Someone gets it....shack Hansel.
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Old 05-25-2008, 05:07 PM   #27 (permalink)
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Maybe, maybe not - most people got rich by not spending their money. I would assume that the fractionals are flown by mostly companies, or at least paid for by mostly companies.
90% of the people I have carried have been private owners. In fact, they are our target audience. We do have companies in the fold..and I am not sure of the percentage of business we have but I would be willing to bet it is NOT better than half.

Our largest single customer is Marquis Jet. They re-sell time on the airplane and a HUGE portion of card owners are individuals.

Rich people STAY rich by being wise about their money and I can assure you that do not have a problem spending their money. For the most part, they are not fatally harmed by the current economic conditions...in fact, many flourish in it.

We are growing like crazy and have recently launched an internal campaign to have current pilots recruit more.
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Old 05-25-2008, 07:02 PM   #28 (permalink)
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We are growing like crazy and have recently launched an internal campaign to have current pilots recruit more.
Good to hear - I've been dusting off the resume this weekend.
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Old 05-26-2008, 12:06 AM   #29 (permalink)
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SWA is great to fly on. I usually buy my tickets to LAX on them. The seat is more comfortable than CAL's too. The only reason to go on a legacy these days domestic is if you fly enough to get the upgrade or travel first class. All the guys I know there are very happy with the job. It isn't the kind of flying I want to do but if I did then SWA would be the choice.
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Old 05-26-2008, 10:03 AM   #30 (permalink)
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In fact, they are our target audience. We do have companies in the fold..and I am not sure of the percentage of business we have but I would be willing to bet it is NOT better than half.
Historically our owner base has been 70% company use/30% personal. The majority is company related. What is unkown is the number of "personal owners" who use their share for company business or the number of "company" owners who use it for personal trips.


"ABOUT OUR OWNERS
• 70 percent of NetJets new business comes from existing Owners and personal referrals.
• Owner Profile
– 50 percent of NetJets Owners are private companies using NetJets to help grow their businesses.
– 25 percent of NetJets Owners are public companies using NetJets to supplement their existing fleets, or as their primary business aviation tool.
– 25 percent of NetJets Owners are private individuals who use NetJets to enhance their quality-of-life.
• Some of our NetJets Owners include: Aetna, The Dow Chemical Company, General Electric, Prudential, Annika Sorenstam, Andre Agassi, and Tiger Woods. NetJets respects our Owners privacy, so we do not share their names unless we have been given permission to do so."


http://netjets.com/Learn_More/pdfs/N...Fast_Facts.pdf
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