$3 Billion (Damian Jennette, Q4 and Full Year Earnings)

Today’s SWAPA Number is 3 billion. That’s Southwest Airlines’ net cash position today. Despite the unprecedented damage the pandemic has done to our economy and industry, our airline still has more cash on hand than we have debt. We are fortunate to work for an extraordinarily strong company. 

Last week, the Company announced fourth quarter and full year earnings, so today on the show, we’re going to ask EFA and NC member Damian Jennette to give us a rundown of Southwest’s financials, tell us know how our competitors around the industry did in comparison, and offer a little color from the earnings conference call with Wall Street.

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