Earnings Call October 25 / Predictions ?
10-26-2023, 10:13 AM
#102
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
You've been in the industry long enough to know that Q2 and Q3 are the strong quarters. Given the poor performance in those quarters, Q4 and Q1 are likely to be fugly.
10-26-2023, 10:18 AM
#103
Almost there
Joined APC: Apr 2021
Posts: 1,297
Load factor was only 80% vs 82.5%
Fares are only $39.17 vs $57.57…down 32%
Fees $75 vs $77
Fuel prices actually improved 20%
CASM has improved
Essentially everything was better except for fares and some load factors. We are missing out on 130M in revenue from fares due to the decline in prices. We would have had an ~8% margin had the fare price not collapsed.
All the pilots here already know it but this quarter should be a huge freaking red flag to management that they have created the problem. The policy of treating customers poorly is catching up to them. Costs are not the issue Barry….
10-26-2023, 01:26 PM
#106
Gets Weekends Off
Joined APC: Jan 2018
Posts: 2,338
Essentially everything was better except for fares and some load factors. We are missing out on 130M in revenue from fares due to the decline in prices. We would have had an ~8% margin had the fare price not collapsed.
All the pilots here already know it but this quarter should be a huge freaking red flag to management that they have created the problem. The policy of treating customers poorly is catching up to them. Costs are not the issue Barry….
All the pilots here already know it but this quarter should be a huge freaking red flag to management that they have created the problem. The policy of treating customers poorly is catching up to them. Costs are not the issue Barry….
10-26-2023, 01:57 PM
#107
Line Holder
Joined APC: Mar 2017
Position: TBD
Posts: 90
I don’t know where you would store that many planes at ATL, MCO, LAS, etc. overnight. Maybe 20-25% of the fleet is airborne overnight, but that is still a bunch of planes to park at airports with high monthly departures. You might need a lot of smaller bases like Allegiant at non hub locations to return the planes every night.
10-26-2023, 02:07 PM
#108
Gets Weekends Off
Joined APC: Nov 2019
Posts: 683
I don’t know where you would store that many planes at ATL, MCO, LAS, etc. overnight. Maybe 20-25% of the fleet is airborne overnight, but that is still a bunch of planes to park at airports with high monthly departures. You might need a lot of smaller bases like Allegiant at non hub locations to return the planes every night.
10-26-2023, 02:12 PM
#109
Gets Weekends Off
Joined APC: Dec 2021
Posts: 596
I don't know why he's lying and saying this is the plan...because it's not possible!! If it was, Shurz would have already done it. Now he's gone and they're gonna do it? No chance no way. There's no where to put the planes and it's impossible to build a schedule with only out and backs or triangles or double turns.
10-26-2023, 02:19 PM
#110
Gets Weekends Off
Joined APC: Nov 2019
Posts: 683
Haha yea that's true. Throw out some dumb idea that sounds ok to investors that don't know the industry and then try to clean up the thing that really needs to be cleaned up, customer relations and service, It's not like he can come out and say, hey we really underestimated how well you need to treat customers. We drove them all away and it's showing in our bookings and subsequent ticket prices. Oopsies.
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