Originally Posted by
ArcticDog
From the recently published SEC 10-K filing, page 53, under fleet count, "The expected fleet counts at December 31, 2018 and 2019 are subject to change. We intend to reduce the capital investment spend driven by fleet counts above, specifically in 2018, 2019 and 2020, which may require deferral of certain aircraft deliveries." Also, they have quietly dropped LAX-MCO, SFO-FLL, SFO-MEX as well as some CPA flying in the coming months. Watch their actions, not their words.
They may have dropped SFO-MEX, but they swapped that landing slot with an additional LAX-MEX. Althought they dropped LAX-MCO and SFO-FLL, they added frequency on SEA-ORD/BUR/BNA over the summer. LAX-LIR goes from 4x per week to daily.
Not sure where that puts us net block hours, but it wasn’t a total loss of flying.
It sounds like the company is pumping the brakes on growth for the moment, cutting weakness and adding where they are strong to show some better numbers to Wall Street.