Originally Posted by
TheRubberDucky
Summary of Town Hall
RASM up 1% VS 2019 CASM up 44% since 2019.
Doesn't expect to see profitability in the next year won't give an exact date.
On time performance 4th place for the year and NPS highest it has been.
Return to office mandate in the next few months for corporate employees.
CEO says we need a merger in the future but need to be in a stronger position so we are desirable.
38 AC on OTG 43 by October for PW engine issues will be around 40 until late next year problems continue until 2028.
No base closures considered as of today.
Very unlikely to go cargo or charter route. 320s don't make sense with it.
Trying to fly to destinations with less competition. May start more frequency to international destinations.
In seat power may come if they can prove it drives revenue.
Go Savvy removed because simplicity and people spend more in general if there's a larger gap from Go to the premium economy seats.
$2 billion in losses since 2020 with $1.2 billion in 2024 alone. When the credit card maxes out who will write a check for another $1 billion to keep the lights on another year? What’s the point? You’d have better luck gambling it in Vegas.
It’s hard to fathom a scenario where NK exists a year from now. No assets, no value, and a fleet of PW airframes that nobody wants. If this writing on the wall isn’t brighter than the obnoxious yellow then nothing will be.
Good luck to all but you’re whistling past the graveyard if you’re riding this one out.