Originally Posted by
TOGALOCK
As you said, everything is subject to change and the result of many variables, but the snapshot for this moment in time...
- All stored airplanes currently in the process of coming out of storage and all should be flying again by April.
- The new aircraft deliveries that were deferred from this year will be arriving next year (2021) in addition to the other planned 2021 deliveries (so in short, lots of new planes on property next year).
- Loads are picking up and ticket prices are slowly going up as well. BB did mention that the latest spike in covid cases has caused a small drop off in bookings, but nothing like we saw during the smaller summer case spike.
- BB has said that the bleeding and concern for survival is over (hopefully stays that way) and focus has shifted to planning hiring and new base openings. We currently have about 1b in liquidity and, the last we heard about a month ago, we were burning about 1m, give or take, per day.
- Rumored hiring as early as January. However, there is also talk that new hires would be hired into zero hour lines, but could have normal lines right away if things pick up enough. So, if that is true and you are already at a paying flying job (ie. not furloughed) you may find yourself having a tough decision and gamble to make.
- With the bad rap F9 has gotten over the past few months for Covid cancellations, new customer service and passenger rebooking and changing policies have just gone into effect. Hopefully it’ll make people more likely to book tickets without the concern of getting hosed.
I randomly look at the loads daily out of our bases and focus cities and, while there is the occasional dud flight, I’m always very impressed with the planned passenger loads. Lots of full and nearly full flight out there on both 320s and 321s. The desire to travel is there. It’s just a matter of people finally getting out and doing it. Hopefully things stay on this path and you will be getting a call sooner than later. If I had to place a bet, I’d say plan on getting a call between now and April. With the vaccine news just announced today, hopefully public confidence in a recovery and virus control is going to improve. When the public perception improves, so does our livelihood.
Thank you for the synopsis. It really helps those of us that are in limbo. Hopefully we will see you all out on the line sooner than later.