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[Breeze] Airways
12-19-2019, 09:48 PM
#431
Gets Weekends Off
Joined APC: Sep 2016
Posts: 774
There's are probably in productive service with an 18 hour daily utilization. Still only one company and one with high margins. His other option is a market with RJ, or a high denisity LLC.
Maybe he plans to poach Skywest mechanics, pilots, schedulers, fa's, and others. They probably have a well trained presence there.
Maybe he plans to poach Skywest mechanics, pilots, schedulers, fa's, and others. They probably have a well trained presence there.
12-19-2019, 10:18 PM
#432
Gets Weekends Off
Joined APC: Dec 2006
Position: 737 FO
Posts: 2,370
There's are probably in productive service with an 18 hour daily utilization. Still only one company and one with high margins. His other option is a market with RJ, or a high denisity LLC.
Maybe he plans to poach Skywest mechanics, pilots, schedulers, fa's, and others. They probably have a well trained presence there.
Maybe he plans to poach Skywest mechanics, pilots, schedulers, fa's, and others. They probably have a well trained presence there.
12-19-2019, 10:30 PM
#433
Gets Weekends Off
Joined APC: Sep 2016
Posts: 1,957
A big part of this is that he's choosing to headquarter out of a city where Delta not only has a large presence, but already bases the aircraft he is hoping to use to advantage over other carriers due to the lower CASM. It just seems like one of the worst possible choices of location since Delta can easily put the same aircraft on the same routes.
12-19-2019, 11:50 PM
#435
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,252
Assuming both have the Delta A220 pay scale, the difference between a crew composed of a six year captain and three year FO compared to a first year captain and FO is still ~ $120/hr.
Assuming 10 hrs utilization a day 365 days a year, that’s North of $400k per aircraft per year which for a 60 aircraft fleet would be $24 million annually.
Make or break? Probably not, but neither is the $24 million exactly chicken feed either.
12-20-2019, 10:01 AM
#436
Gets Weekends Off
Joined APC: Dec 2006
Position: 737 FO
Posts: 2,370
Never said made or broke, but even if everyone is on the same pay scale a new startup where everyone is starting at year one has a considerable personnel cost advantage over a legacy with a more mature work force.
Assuming both have the Delta A220 pay scale, the difference between a crew composed of a six year captain and three year FO compared to a first year captain and FO is still ~ $120/hr.
Assuming 10 hrs utilization a day 365 days a year, that’s North of $400k per aircraft per year which for a 60 aircraft fleet would be $24 million annually.
Make or break? Probably not, but neither is the $24 million exactly chicken feed either.
Assuming both have the Delta A220 pay scale, the difference between a crew composed of a six year captain and three year FO compared to a first year captain and FO is still ~ $120/hr.
Assuming 10 hrs utilization a day 365 days a year, that’s North of $400k per aircraft per year which for a 60 aircraft fleet would be $24 million annually.
Make or break? Probably not, but neither is the $24 million exactly chicken feed either.
12-20-2019, 11:14 AM
#437
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,252
12-20-2019, 12:04 PM
#438
Gets Weekends Off
Joined APC: Dec 2006
Position: 737 FO
Posts: 2,370
No, we are talking about how much more competitive they would be with the lower pilot costs. The numbers are not significant.
12-20-2019, 12:33 PM
#439
Perennial Reserve
Joined APC: Jan 2018
Posts: 12,252
ATLANTA, Jan. 15, 2019 /PRNewswire/ -- Delta Air Lines (NYSE
AL) today reported financial results for the December quarter and full year 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here.
Adjusted pre-tax income for the December quarter 2018 was $1.2 billion driven by over $700 million of revenue growth, allowing the company to fully recapture the $508 million increase in adjusted fuel expense and produce an 11 percent adjusted pre-tax margin.
For the full year, adjusted pre-tax income was $5.1 billion, a $137 million decrease relative to 2017 as the company overcame approximately 90 percent of the $2 billion increase in fuel expense. Full year adjusted earnings per share were $5.65, up 19 percent compared to the prior year as the company recognized benefits from tax reform and a four percent lower share count
AL) today reported financial results for the December quarter and full year 2018. Highlights of those results, including both GAAP and adjusted metrics, are below and incorporated here.Adjusted pre-tax income for the December quarter 2018 was $1.2 billion driven by over $700 million of revenue growth, allowing the company to fully recapture the $508 million increase in adjusted fuel expense and produce an 11 percent adjusted pre-tax margin.
For the full year, adjusted pre-tax income was $5.1 billion, a $137 million decrease relative to 2017 as the company overcame approximately 90 percent of the $2 billion increase in fuel expense. Full year adjusted earnings per share were $5.65, up 19 percent compared to the prior year as the company recognized benefits from tax reform and a four percent lower share count
12-20-2019, 01:16 PM
#440
Gets Weekends Off
Joined APC: Nov 2017
Position: Upright
Posts: 396
Ridiculous. Upscale those numbers to a Delta fleet 20 times as big and it is a half billion dollars annually. Delta profit for 2018 as given in their annual report:
A half billion dollar difference in an annual income of $5.1 Billion does not constitute chump change, whether you will ever admit it or not.
A half billion dollar difference in an annual income of $5.1 Billion does not constitute chump change, whether you will ever admit it or not.
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