Originally Posted by
Cholla6918
There will only be 3 more classes of 5 for the rest of the year. Apparently we’ll have 7 Amazon freighters by December, but we’ll only be operating 5 of them (Amazon doesn’t want to add AC during busy season…)…the rest come next year. From what I’ve been told Amazon is impressed with our operation and wants to expand (up to 50 aircraft). I think all expansion is on hold until the dust settles with the merger…
With the way the conversions have been going I would guess that there might be 4 operational by end of year. There are still only 2 now, and one has barely been operational for a month.
The big question is what happens when August 5 comes. Will merger go thru without being contested? If it’s contested does HAL have enough financial credit to keep on losing 1.5 million a day, or do they pull the plug ?
If it’s not contested does Alaska start making operational decisions before the merger even goes through like to stop operating empty flights to and from other continents and paying people hundreds of thousands to continue inefficiencies causing the company to lose 1.5 million a day.
Does the freighter operation have enough meat on the bone to make it worth operating or is it another money losing operation that HAL management tries to spin as something profitable? (“right where we want to be” to make a direct snacks and facts quote).
Those are all big questions that only a few in the C-suite in Seattle know the answer to. Pretty sure the entire management team in HNL is just waiting to cash out their stock options at 12 or 18 a share and retire depending on what happens on Aug 5.