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
I don't think you're the one that gets it. Maybe you didn't read the post I was responding to. Really what you've stated is a completely different topic. Why BB wants separate list vs why we require them integrated are completely different subjects. Financials change quarterly. A company can be in the red one quarter than in the black another. Just because it's operating in the red now doesn't mean anything regarding our enforcement of scope.
Before BB ever completed the transaction of Frontier he stated he wanted operations kept separate. You're trying to sell me that his game plan from a couple years ago was to purchase the airline, send it deeper into debt, then sell it for less than he bought it for and that's why he's never wanted the SLI? I must need one of those fancy MBA's to understand that one. The SLI didn't happen overnight it started when BB purchased F9 when he had no idea the direction the company was going to take. He might want it separate to sell off now but that's just today's reason. Either way it doesnt matter. He's already wanted to bring Mesa in once.
Losing money or not there are important reasons for the SLI so that scope protections are in place. Oil drops to $50, company makes money, now he wants to expand again and does so with a cheaper labor group. It doesn't hurt to actually think a little further down the road then our management. To not integrate and leave open scope for 100% of the type of flying we directly do makes absolutely no sense.