But what works in the West doesn't necessarily play in Peoria, according to McAdoo.
Based on Southwest's first-quarter conference call, McAdoo said he was unsure management sees the seriousness of the problem.
The carrier has a well-known business model that, according to Prudential Equity analyst Bob McAdoo, doesn't always work.
"Lacking some new direction, we believe LUV shares are going nowhere, " McAdoo says.
Despite this, McAdoo says that, "there is no reason to own" Southwest stock.
McAdoo says that in addition to having the industry's best balance sheet, it also is well- known for low operating costs.
The deal ends the Dungannon rider's six year association with McAdoo Racing.
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Succession is another area where CEOs and shareholders could find themselves on opposite sides, said Greg McAdoo of venture capital firm Sequoia Capital.
When Heat assistant coach Bob McAdoo called Florida a "basketball state, " it caught former Florida player and current Heat forward Udonis Haslem off guard.
Accoding to McAdoo, other airlines such as Delta and American, while benefiting from addressing labor and other costs, have succeeded by dropping routes when they were not profitable.
Two free throws by McAdoo made it 30-11, then Pinkston and Arcidiacono hit free throws before Pinkston dropped in a jumper to end the Wildcats' field goal drought.
After UNC took a seemingly comfortable 65-56 lead on Hairston's 3-pointer and James Michael McAdoo's jumper, Ryan Arcidiacono answered with Villanova's second 3, cutting the lead to 65-59.
Kawasaki promise a strong challenge with McAdoo Racing sensation Ian Hutchinson out to continue his excellent form and Carl Rennie making his UGP debut with the Hawk Racing squad.
James Michael McAdoo finished with 15 points to lead the Tar Heels despite playing with a bulging disk in his back, but the rest of his teammates did little to help him.
Southwest airlines stock tumbled after a Tuesday morning after Prudential Equity analyst Bob McAdoo downgraded the stock to "underweight" from "overweight, " citing problems with the airline's model that are not likely to be corrected soon.
Foremost among Southwest's problems, accoriding to McAdoo, is over-expansion: the airline continues to swell its fleet at the rate of about 35 planes per year, even though it is losing money on many of its recently added routes.
Dexter Strickland added 14 points but McAdoo was held to nine on 4-of-12 shooting for North Carolina, which came in as a written-off, double-digit underdog after a 26-point loss at No. 3 Miami that marked its worst loss of the season.
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