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05/23: Barry on CNBC

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Old 05-23-2024, 07:44 AM
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Default 05/23: Barry on CNBC

https://www.cnbc.com/video/2024/05/2...d-numbers.html

Takeaways:

"Record summer travel" expected

"Economics and customer friendliness" drives change to major-airline business model

90% of air travel is done by "top 10%" of income earners. ** this seems to be quite the change of heading when price was king, low cost always wins, yada yada

My opinion he presented well and came across as pretty sharp. Yes I actually said that.

fingers crossed
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Old 05-23-2024, 09:31 AM
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Maybe somebody in the emerald tower got hit in the head by one of the cutout animals, and had an epiphany
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Old 05-23-2024, 09:43 AM
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Never actually said OUR numbers are/will be record high.

He really said TSA has expected record numbers, and then said "we know what our load factors are".

Made a complete 180 degree turn from their philosophy 1+ year ago regarding average ancillary fees of $95 per person average (and wanting that number to be higher)

I'm glad he finally figured out that once you tack on a bag or seat, we are no cheaper than anyone else. I've seen that first hand trying to book travel for family. 100% true.

Interesting dilemma with hotel costs, didn't realize hotel pricing was getting out of hand for travelers.

It'll be interesting to see if FL and Vegas return to their former glory.

Also.... "crack spread".... hehehehe
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Old 05-23-2024, 09:44 AM
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This is honestly one of the best interviews I have heard along with the most logical sentences/choices from our CEO.
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Old 05-23-2024, 12:31 PM
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Originally Posted by spooldup
This is honestly one of the best interviews I have heard along with the most logical sentences/choices from our CEO.

Buckaroo Berry for President
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