Conf Call.
I missed a lot, this is what I can remember.
All new dest for 2013, announced. Planing to connect dots from now on.
Opened several new routes.
Serving 20 of 25 top metro areas in the US.
24 hour rule from DOT slightly hurt Q1 to Q2 revenue
Seat issues (mtx) adds to CASM and to continue thru Q3 '12, and Q4, should start to decrease at the end of Q4 beginning on 2013.
About AA and Dallas:
merger? Ben -no comment-
AA merger? Ben -no comment-
AA partnership? Ben -no comment-
we have gone head to-head with AMR for years in FL, and probably does not see Spirit as a problem at the moment, we are not after AA's business travelers.
Dallas growth is not related to AA's bankruptcy.
We planned it before AA's bankruptcy.
Futures:
August bookings are good, no indicators of downturn economics, and or negative effects on spirit.
300 potential new markets. Fleet around 200 ac's (+/-).
Aircraft financing, 2012 and 2013 deliveries NK is in the process of awarding that business now.
Cancellations have increased due to seat mtx, added cost for reaccommodation of passengers,
Completion factor for Q2 98.5% '12, 99.4% Q2 '11
No comments on new bases, yet!
Where there is indications of higher YOY, NK will increase flights, where there is a decrease, NK will pull back. All about keeping AC's full and making money.
Thats all I got. From conf call.
Please feel free to add on.