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Miscellaneous
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| Number of pages / Number of words: |
15 / 3957 |
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The airline management has made sound decisions in a governed airline market as well as an ungoverned airline market. It chooses to maintain a conservative financial philosophy and growth is only realized when the company can afford it. Many airlines have been faced with losses on a continuing basis, whereas Southwest has performed consistently and remain unsurpassed through 30 years of service...
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It chooses to maintain a conservative financial philosophy and growth is only realized when the company can afford it. Many airlines have been faced with losses on a continuing basis, whereas Southwest has performed consistently and remain unsurpassed through 30 years of service.
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ASM 154565 477166 2969448 9884526 16411115 36180001 59909965 65295290 68886546
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"Keeping airfares low is dependent upon the airline keeping costs low which can be conducted through many things; being less unionized which allows for lower wage rates and less restrictive work rules, flying aircraft more hours per day, allowing more managerial discretion in making labor assignments, using less expensive satellite airports or terminals, eliminating "unnecessary" service frills, encouraging travelers to carry their own luggage, not interlining reservations or luggage, eliminating meal services, and possibly using an all coach-class seating configuration" (Meyer and Oster, p...
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