Originally Posted by
8802
Exactly.
The failure to expand or maintain a competitive international presence was solidified in 2019/2020. They need revenue today. We could place a historic widebody order today and still lose money for years. They've got to slow the leak before they start adding more water to the pool. Any improvement in international presence/revenue in the short term will have to come from the XLR, 787 deliveries, and 777 refurbishments.
AA has lost money in Asia and essentially broken even in the TATL category except for one year, and that was the year we made $7b.
And that was back when we still had the 330's and 75/76.
Originally Posted by
RippinClapBombs
I think what you’re attempting to illustrate is JetBlue doesn’t compete for corporate contracts and to be frank neither does American (resulting in lower yields)—all thanks to our current management strategy—that’s why we’re 4 percentage points lower than our two main competitors on profit margins. (With our current revenue that’s roughly $2.5 billion lost profit per year).
Go watch the Isom interview on youtube. Corporate revenue is up 10% while industry is flat.