Originally Posted by
shrsailplanes
What magic are you expecting to happen during the earnings call?? There are no earnings. We have lost money. Likely, significant money and we are overstaffed.
We may not declare bankruptcy but we will be in the same condition as Spirit. Furloughs and clinging to the last bits of life until indigo decides what they want to do with the carcass.
we are still expecting to take deliveries till end of next year per last earnings call. If we did not hire and kept the same amount of pilots till end of next year we would have a pilot to plane ratio of 9.7 which is insanely low. Factor in maybe 100-200 people leaving between now and then due to 5,000 plus hires projected by AA and UA next year and I think we are in decent shape.
just take a breath and see if earnings falls within guidance…