Originally Posted by
fw90
well at this point then the best option is parking it all and just zeroing out since they can’t figure out that full and oversold planes means we are charging too little. But what do I know, only that in my business when I don’t make a profit I don’t get paid. And if I’m too busy I raise my prices until I’m as busy as I want to be… you know common sense stuff. Also remember our new CEO came from a place made most of their money on cargo contracts (Amazon) and charter flights. With only a small percent of scheduled 121 passengers to think about.
We don’t fly full or oversold planes on every flight. Our load factor last quarter was around 80%. That’s a lot of empty seats and the filled ones were sold at an average revenue of about $130 per passenger per segment. Not a winning combination.