Originally Posted by
tye05
TD,
You don't get it. F9 can't make money with 145s and 170s, they are killing us. That is why BB is removing them away from the branded side. (I have my doubts about the 190s & 318s, and we can't get seem rid of the 318s.) Since BB is responsible for both sides of the balance sheet, there is no way he is going to bring in another regional to fly for us and loss more money. I suspect next quarterly report you will see things broken out better as far as Airbus and FFD flying. My guess it will tip the scales between the Branded and FFD revenues. Then I predict the IBT will scream this is just a tactic to reduce their bargaining power and BB is cooking the books.
If you are going to make statements about the business side of things you might want to go back to school and get you MBA. Until then your statements sound like a scared little pilot crying "wolf".
Cheers T5
Actually it's the entire branded operation that's sinking the ship. 140s, 170s, 190s, and Airbus alike.
The problem with F9 is a REVENUE problem, not cost problem, which is why nobody understands the concessions taken by FAPA. It's a stop gap measure that'll allow BB to continue to mismanage F9 for slightly longer while not addressing the real problem of revenue generation.
You guys are toast. You guys are losing money despite record load factors and the lowest cost structure amongst your competitors in the strongest aviation market we've seen in awhile. What's going to happen when the market inevitably tanks again? BB will come back again begging for more concessions to subsidize his lack of management skills. Tell management to get their house in order and address your gigantic revenue problem.