Game over man, game over....
#51
Just thinking out loud, but when did the credit card revenue start to become such huge percentage of revenue to the point of sustaining the airline? Post-pandemic? Or was this the result of the consolidation creating the Big 3 and driving everyone into alliance programs which then leads to getting the credit card?
#52
Gets Weekends Off
Joined APC: Oct 2015
Posts: 429
Just thinking out loud, but when did the credit card revenue start to become such huge percentage of revenue to the point of sustaining the airline? Post-pandemic? Or was this the result of the consolidation creating the Big 3 and driving everyone into alliance programs which then leads to getting the credit card?
#53
It also explains why business travel is so critical. They will happily pay the highest price so the employee travelling can get lots of points, and they stay within their frequent flier programs because of this. Now that most programs are tied to dollars spend for point accrual I suspect this trend will accelerate. Heck, Lets start auctioning off premium seats and see how much a business traveller will pay.
#54
Gets Weekends Off
Joined APC: Feb 2019
Position: A320 FO
Posts: 131
That was a good video, sounds like this has been going on since deregulation but we just got more clarity into the valuations during the pandemic. It sounds like a perfect scheme for airlines to make money at this point.
It also explains why business travel is so critical. They will happily pay the highest price so the employee travelling can get lots of points, and they stay within their frequent flier programs because of this. Now that most programs are tied to dollars spend for point accrual I suspect this trend will accelerate. Heck, Lets start auctioning off premium seats and see how much a business traveller will pay.
It also explains why business travel is so critical. They will happily pay the highest price so the employee travelling can get lots of points, and they stay within their frequent flier programs because of this. Now that most programs are tied to dollars spend for point accrual I suspect this trend will accelerate. Heck, Lets start auctioning off premium seats and see how much a business traveller will pay.
#55
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,920
It still largely comes back to running a high quality operation most of the time. With a more reliable operation they can charge higher fares (revenue premium) and gain a larger share of loyalty and CC spend (credit card revenue).
#56
#57
Gets Weekends Off
Joined APC: Nov 2005
Posts: 2,550
But the CC spend and FF loyalty is based largely on network and RELIABILITY.
It still largely comes back to running a high quality operation most of the time. With a more reliable operation they can charge higher fares (revenue premium) and gain a larger share of loyalty and CC spend (credit card revenue).
It still largely comes back to running a high quality operation most of the time. With a more reliable operation they can charge higher fares (revenue premium) and gain a larger share of loyalty and CC spend (credit card revenue).
From here on out we can not open a new station unless we are going in with 3 flights a day to JFK,BOS and FLL. No more of this 1 flight and build a market over time BS. Even if that means only opening one new station a year accounting for the entire years aircraft deliveries.
#58
Which is why we have seen the retrench into our strongholds. Frequency is important.
From here on out we can not open a new station unless we are going in with 3 flights a day to JFK,BOS and FLL. No more of this 1 flight and build a market over time BS. Even if that means only opening one new station a year accounting for the entire years aircraft deliveries.
From here on out we can not open a new station unless we are going in with 3 flights a day to JFK,BOS and FLL. No more of this 1 flight and build a market over time BS. Even if that means only opening one new station a year accounting for the entire years aircraft deliveries.
We may fly to 100% of the Caribbean, but we only fly to 20% of the United States. Maybe we need to buy Banco Popular and use them to become a financial powerhouse.
#59
Which is why we have seen the retrench into our strongholds. Frequency is important.
From here on out we can not open a new station unless we are going in with 3 flights a day to JFK,BOS and FLL. No more of this 1 flight and build a market over time BS. Even if that means only opening one new station a year accounting for the entire years aircraft deliveries.
From here on out we can not open a new station unless we are going in with 3 flights a day to JFK,BOS and FLL. No more of this 1 flight and build a market over time BS. Even if that means only opening one new station a year accounting for the entire years aircraft deliveries.
#60
Line Holder
Joined APC: Oct 2016
Posts: 71
Do you think if this were the case they would be included in the system bid? It seems like the only new base they are entertaining is SJU.
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