45 ordspråk av Gary Kelly
Gary Kelly
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In short, we are well-prepared for rising energy costs, ... Our people are taking aggressive actions to prepare for rising energy costs and sustain our profitability and financial health.
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We continue to mitigate record-high jet fuel prices with our successful hedging program, which resulted in a $295-million benefit from settled contracts in third quarter 2005.
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We are very pleased to report a strong earnings performance despite dramatic destruction from Mother Nature.
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We've been concerned about the costs in the past, but they've done a remarkable job in bringing costs down, ... It's now a highly regarded, very efficient airport.
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Denver is a market that makes sense for us,
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We've been concerned about the costs at DIA in the past but they have done a remarkable job in getting their costs downs to levels that make sense to Southwest Airlines,
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There's a very large opportunity in Denver,
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[Both the Wall Street Journal and the New York Times indicate that Southwest Airlines has refused to rule out some kind of offer for America West.] Certainly we are not going to foreclose that at this stage, ... especially given that the industry seems to be in an aggressive mode of consolidation.
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Quite frankly I was surprised to see those industry numbers,
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You say, 'Is it getting crowded?' but this is a big country. There's bound to be some competition in the future, but right now there's relatively little overlap.
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I think the fares are still relatively high ... The opportunity is there.
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We do not concede that we cannot make that target.
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Denver has been a missing link in Southwest's system for too long, and we've known the demand for Southwest Airlines service is strong in Colorado. Today, we're not only celebrating the start of our new service, but we're pleased to announce two new destinations that Southwest Airlines will serve nonstop from Denver International Airport.
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Denver has been a missing link in Southwest's system for too long, and we've known the demand for Southwest Airlines service is strong in Colorado.
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Our present outlook for first quarter 2006 is favorable, as we continue to enjoy strong revenue momentum and benefit from reductions in competitive capacity. Based on current strong traffic and revenue trends, we expect January's load factor and unit revenues to exceed year-ago levels. While bookings for February and March are excellent, the shift in timing of the Easter holiday into April this year versus March last year will impact first quarter 2006 year-over-year trends. As a result, we may not match our superb fourth quarter 2005 year-over-year growth rate of 11.7 percent in first quarter 2006.
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