Perhaps if you can't beat them, you should join them. But airlines aren't looking that far ahead yet. Perhaps they'll start screaming when gas prices go back up again. I don't quite understand why they can't see the future in which higher oil prices make life for airlines hard. If last summer wasn't a wake up call, they'll be getting water splashed in their face soon.
After his speech, I asked Kelly whether his company would likely oppose high-speed passenger rail, given how precious every dollar has become to the airlines. Southwest's opposition years ago was a key reason a previous effort to build a high-speed line linking Dallas, Austin and Houston died. (Trains are seen by many as likely to compete with and in some cases perhaps eliminate short-haul flights.)
He said it's too early to oppose any particular plan, but said federal support for bullet trains shouldn't put airlines like his at a competitive disadvantage.
Thursday, August 13, 2009
Southwest Airlines CEO Fires First Shot
And so it begins. the Southwest Airlines CEO believes that the federal government shouldn't give it a competitive advantage.