Originally Posted by
Noisecanceller
This is happening because of the massive decrease in block hours with the same amount of gates at our disposal in FLL. Don’t kid yourself, if we were running full tilt you’d be waiting plenty and we’d be losing even more money. This place has no path forward to profitability without a merger. The bankruptcy did nothing to improve our financial position other than buying time and getting the shareholders out of the way.
It’s merger or death and the clock is ticking. Two clocks actually. One is the cash burn which can get some time added if they sell some airplanes and the other is the debt they kicked down the road a few years which is why we declared bankruptcy in the first place. We aren’t magically going to have $2 billion in a couple years and won’t be credit worthy to get it refinanced outside of bankruptcy.
The legacies have too much power now. You cannot be successful without scale. This is a pump and dump scheme right now. Lipstick on a pig.
it takes:
actual
Present
Competent
leadership.
we have none of those. I’m also fairly certain our new ceo hasn’t even flown on us. All of the same issue we had are being blatantly ignored.
we talk about less pilots per plane, it’s doable with allegiant and frontier because they have higher pilot utilization?. 3 leg turns back to base blocking 7:45. Two sets of pilots used in a day vs our stupid trip averaging. All the while we are doing the opposite dragging pilots out on the road to make them be more reschedulable…. On 20 hour 5 day trips with 23:59
layovers. But I guess that makes people leave when the main reason to be here (QOL) is taken away so it’s like a regional at slightly more (or less) pay.
we are at the intersection of merge or die. And die is coming up a lot quicker than merge.