- This topic has 0 replies, 1 voice, and was last updated 1 year, 11 months ago by
.
-
Posts
-
All,
I regularly get people ask my opinion about what is going on with Southwest Airlines. Honestly, I think they have kind of lost their way. Them and Boeing both. I am not going to write a treatise on the subject, but when a hedge fund buys a nearly $2 BILLION stake in you and says the top two guys running the outfit need to be fired and members of the board of directors need to be replaced, you know it isn’t just you wondering what happened there.
In these two Wall Street Journal articles – Elliott Takes Big Stake in Southwest Airlines and Southwest Changed Flying. Now It Can’t Change Fast Enough. – they adequately cover the issues. Can Southwest survive? Sure, I think so. But over the last few months when I have read that they are thinking about assigned seating and maybe two-classes of seating; wow. Talk about blowing up your business model. A recent Boeing article said the new CEO was going to have a bunch of big decisions to make there, one being a follow-on to the B737. To that one I say yes, long overdue. And long overdue, largely because of Southwest.
Enjoy,
Phillip Beall (W5EBC)
- You must be logged in to reply to this topic.