How long for a contract?
#521
Gets Weekends Off
Joined APC: Jan 2024
Posts: 103
Unless the airline is being used to show losses for tax purposes while the "real money" is made elsewhere. How is money made on leases? Does Indigo lease aircraft to itself???
#522
Gets Weekends Off
Joined APC: Mar 2019
Posts: 427
They make tons of money off credit cards*^^^
that nobody really understood.
#523
Almost there
Joined APC: Apr 2021
Posts: 1,283
Example: We order a group of planes for 70M each. The day we would be required to fork over the money to Airbus for a plane we sell that order to the lessor for 100M. In exchange we sign a lease term on that aircraft to that lessor for 400k per month. Company shows it as we made 30M on the quarterly report.
#526
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Joined APC: Jan 2024
Posts: 103
#527
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Joined APC: Mar 2017
Posts: 193
The idea is to keep the operation profitable or near profitable with these SLB profits until F9 has the scale to be profitable without SLB profits. At least that’s my understanding.
#528
Gets Weekends Off
Joined APC: Dec 2023
Posts: 180
if you don’t understand SLB profits and how incredibly important they are to F9, you really need to head over to the Frontier Investor Relations page or somewhere else to read up on that. Kirby blames us for over-supplying capacity, but he doesn’t mention the fact that we have to keep taking these planes because the operation is not independently profitable without SLB.
The idea is to keep the operation profitable or near profitable with these SLB profits until F9 has the scale to be profitable without SLB profits. At least that’s my understanding.
The idea is to keep the operation profitable or near profitable with these SLB profits until F9 has the scale to be profitable without SLB profits. At least that’s my understanding.
I do often wonder where the gates will come from. But I agree that there must be a plan in place that when we hit X size, the profits start coming in. Our CASM is probably a big part of it. We can probably handle some amount of hit with the increasing capacity vs the higher cost legacies. I find the business side of things interesting.. Though none of us have the complete picture.
#529
Gets Weekends Off
Joined APC: Jan 2024
Posts: 103
if you don’t understand SLB profits and how incredibly important they are to F9, you really need to head over to the Frontier Investor Relations page or somewhere else to read up on that. Kirby blames us for over-supplying capacity, but he doesn’t mention the fact that we have to keep taking these planes because the operation is not independently profitable without SLB.
The idea is to keep the operation profitable or near profitable with these SLB profits until F9 has the scale to be profitable without SLB profits. At least that’s my understanding.
The idea is to keep the operation profitable or near profitable with these SLB profits until F9 has the scale to be profitable without SLB profits. At least that’s my understanding.
Is there another Frontier branded entity that covers credit card miles? How is that side of the business doing?
Last edited by AutoBrksMedium; 07-20-2024 at 05:07 AM. Reason: Typo
#530
Gets Weekends Off
Joined APC: Mar 2017
Posts: 193
Is Frontier pax revenue able to pay the bills or are we dipping into SLB cash infusion for that? If we are dipping into SLB cash I'd say we are in trouble financially.
Is there another Frontier branded entity that covers credit card miles? How is that side of the business doing?
Is there another Frontier branded entity that covers credit card miles? How is that side of the business doing?
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