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Old 01-29-2016 | 06:53 AM
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Gets Weekends Off
 
Joined: Mar 2014
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Default Continuning to shrink

"In 2015, the Company took delivery of 75 new mainline aircraft, added 52 regional aircraft, and removed 112 mainline and 31 regional aircraft. In 2016, the Company expects to take delivery of 55 new mainline aircraft, add 49 regional aircraft and remove 92 mainline and 29 regional aircraft."

2015 net mainline: (-37)
2016 net mainline: (-37)
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74 net mainline hull loss in 2015 and 2016

Over 740 pilots they don't have to hire to staff (meanwhile, Delta added 37 jets in 2015).

Doug also spent $3.6 billion (that's a b) on stock repurchasing.

PRASM is down quite a bit. (-6%). Worse than our peers.

http://phx.corporate-ir.net/phoenix....cle&ID=2133537
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