Originally Posted by
DENpilot
I believe this management team has no intention to grow the airline as planned. They care about ONE thing, and that is; what can they do to make a dollar RIGHT NOW.
Biffle and Indigo don't give 2 *******s about this airline in 5 years.
Our CASM is somewhere under 6 cents. God forbid we keep a 5 year old A320 and our CASM goes from 5.7 to 5.8 cents. They're so effin' blinded by short term gain by replacing a CEO with a NEO that they are missing growth opportunities Allegiant and Spirit are moving in on, very rapidly.
I was optimistic about Frontier's future, but with every passing day, that optimism wanes.
You obviously didn't go to business school. The larger the airline, the larger the potential profit. They are letting older aircraft with high lease prices go, and taking new aircraft with better lease prices. This has been the plan all along. Every one of our 319s is going away and being replaced by a new 320 or 321. That's growth by the way. When you replace a 150 seat plane with a 186 or 230 seat plane, the airline grows. Maybe not the number of planes in the fleet in a 1 for 1 swap, but the upgauge of AC is growth. As mentioned above, they have a financial incentive to take delivery of all the new planes on order and I believe they will. Almost all of our 321s are on property now. Our NEOS have begun arriving. The old planes with crap leases are being returned, as planned. They have hired over 400 new pilots since taking over, and we've got 80 more airplanes on order.
The point of a business is growth and profit. Indigo thinks the same way every business owner does. Get bigger, make more money! They made a 25% profit margin last quarter. Sure would be nice to make 25% profit on an airline double the size, don't you think?
I understand people are skeptical and have been burned before, but Indigo doesn't have some secret plan to not grow.
Welcome aboard, new hires!