Originally Posted by
Petpai
All part of the negotiation plan. New contract when cant staff airline. The loss of 14 planes have no impact, as BB big plan to reduce tuesday and Wednesday flying already equates to the loss of those planes. Plus now at a low aircraft utilization of around 11 hrs a day, when goal was 13+. Always remember Indigo is an investment company that owns an airline, and the goal is not to create a great airline, it is to maximize short term profit.
Maximizing short term profit would have been selling the company pre covid when it was profiting year over year, not sitting on a stock that has plummeted and all through the pandemic lost money. As an investment company, the best thing to do is invest and have a good overall long term profit to bank on. Losing 14 planes would be devastating. Cutting flying on 2 days wouldn't make up for it when we could have more flights and more destinations on the other days with said planes. They said around a year ago their plan going forward was having more frequency instead of more routes, this would be a big blow.
Indigo has multiple airlines and apparently keeps getting more with the recent Canada venture. They want nice big profitable airlines to keep getting money from and it seems they know this with the recent shift in management's tone towards our operations finally.