observations from today's call
80% out and backs by June
SJU will be "gateway" to Caribbean
New markets will "grow 20%" (??) next quarter
Barry - "we are chasing higher yield opportunities"
FA Hiring is targeting local applicants. "No dispute" with FA's regarding multi-day trips, "we simply are not going to do them"
numerous questions about Frontiers "debt financing" model, Barry got agitated.
Pilot Contract: Barry - "landscape is COMPLETELY changed. Regionals are filling classes. NO PILOT SHORTAGE."
Pilot Contract: Barry - "very early" in negotiations. In mediation. Barry- "LOCKED IN" to mediation. (implied "hands are tied"). Typically timeline is 2 years minimum to reach an agreement when mediation involved. Zero urgency noted in Barry's tone or voice.
More focus on YIELD, less on LOAD.