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jlbooker | 1 year ago

From Southwest 4Q and Full Year 2023 results [1]:

> Full year 2023 operating revenues were a record $26.1 billion, a 9.6 percent increase, year-over-year

> Full year net income of $498 million, or $0.81 per diluted share

I'll say again... They have _plenty_ of money (record-breaking, even!) to train their pilots on the differences between two aircraft models. It's not that they can't afford it, they'd just rather not spend the money unless absolutely forced to, because a better stock price is their primary goal/motivation.

[1] https://www.southwestairlinesinvestorrelations.com/news-and-...

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seanmcdirmid|1 year ago

They must be bleeding somewhere because their stock is doing horribly. Record profits and yet investors are not optimistic about it for some reason. Also, I'm not sure if we are taking into account inflation? Like I recorded record income this year personally, but I don't feel very rich. If you look at their google page:

https://www.google.com/search?q=southwest+airline+profit&oq=...

Look at March 2023, they are way up until you hit the bottom : operating income is really down and they are bleeding cash like crazy.