bonvoyage

they expected to be profitable over a year ago. We will see. But of course don’t expect management to tell you things are bad if they really are bad. We’re just going to keep hearing how great they do for us each Tuesday until they need us to turn the lights off. If that happens. Who knows though. Maybe we are really doing so good and they just want to keep it a secret. Or maybe this is the next Enron scam

Browntown

DOT number's

Breeze lost just over $28 million 1st quarter, which means if they made money, like they said they did in March (Spring Break, Easter, March Madness charters), then they lost over $14 million in Jan and Feb. They lost $47 million the 1st quarter last year so that's an improvement, I guess.

Avelo made $749k+ 1st quarter.

leftapproved

Management literally cannot afford to lose pilots. If a single 220 sits idle due to staffing, this place is toast. That fact alone, you cannot trust what management is telling you - no matter how good of a person they may be. Do I think the sky is falling tomorrow at Breeze? No. But what they are telling us isn't adding up. We aren't losing money because of delivery delays. TP literally said we are losing money because of overcapacity in the market. Translation = we cannot charge enough and fill our seats. So now I ask - where is the overcapacity? Airlines are literally parking NEOs and not taking delivery of expected MAXs. The overcapacity IS Breeze.....

I want to see this place through as much as the next guy but..... the facts aren't matching reality. They fully expected to be profitbale Q2. Don't act like it was a "maybe".

Also, Avelo is peanuts. SW isn't acquiring it's way out of this hole. It needs the MAX 7 to stop flying small routes with MAX 8s. It's like Breeze flying all its routes with A320s, when we can only fill 100 seats as it is.

bluespoon

How about Spirit and Frontier. They have 240 seat planes that they can’t fill. It’s a lot easier to fill 137 seats, also we can charge for first class seats and have other ancillary revenue. At least they have said that they’re not burning cash like before and are more “stable” now as we add 220s. If we’re able to get more year round contract flying too that would provide relief.

sailingfun

Spirits load factor for March 2024 was 88.5%. You literally can't get much higher than that with reposition and oddball non peak flights.
I also found a release from Breeze on its March profit. It was a operating profit. They did not make a net profit which is the number that matters.

shneptar

sooo southwest still buying us or….

WHACKMASTER

Man, I sure hope so!

sailingfun

Yields on airline tickets are down 18% year over year. They are still high but in the end most airline managements are probably quite happy with the delivery delays.

leftapproved

Sounds like management is doing everything they can not to fall into the same repuatation bucket as Spirit and Frontier. On time performance is the new key problem. New idea presented by management: Non-Revs will now help service the aircraft after each flight.

Don't worry about the 30 minute turn times on a 4 leg day.

bonvoyage

this has been a thing since we began operating in 2021. I still go back and help FAs cross seatbelts, as many of us did in the early days. As long as everything is ok with the plane and I have time, I go back and help. Usually allows me to finish the day early