Submitted by coliozenobio t3_zw8icl in wallstreetbets
Current-Promotion-31 t1_j1ufeqn wrote
Reply to comment by PDT_FSU95 in Just bought LUV puts (all my homies hate southwest) by coliozenobio
Well then I guess all airlines had the same cancelation rates right? Oh southwest had more than double the next highest and aa had virtually 0? So they must all be on track today then right? No. Southwest is bullshitting about the weather to get out of some reimbursements. Best explanation I saw is most airlines operate a spoke and wheel type setup where crew is more back and forth from the same hubs but southwest operates with crew on long runs of unrelated destinations for crew. When some crew got held up for weather AND the system for scheduling went down AND they had a massive "sick out" of employees to give them the finger, it broke them in a way no other airline was broken. Not unrecoverable, but definitely unique to them.
PDT_FSU95 t1_j1uocq8 wrote
Nah, you’re right. They do have a ‘ponzi scheme’ style of doing business with the way they send pilots and crew to anywhere really and caused their own headache by not having the means to correct for these issues.
Maybe ‘employee shell game’ is a better description?
Anyways, I replied before seeing a more in-depth article and made regarded assumptions based on the knowledge I had at the time. Oh well.
I read the average cancellation for other carriers was around 2% vs 60-70% with southwest.
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