Originally Posted by
VisionWings
we have losses in what should’ve been our most profitable quarter which typically subsidizes the other quarters.
it’s not doom and gloom to see that this isn’t a frontier problem this is a product people don’t want. JetBlue isn’t making profit spirit isn’t making profit we aren’t making profit.
that’s very much worrisome. Years have come and gone since Covid. What has changed is there are products to compete with us. We need a revolution in our product not slapping make up on a pig. You’re being silly when you act like this realistic conversation of the state of affairs is being doom and gloom.
after we post losses this quarter again feel free to come back and tell us all how optimistic you are about our product.
I bet you don’t even take your family on us for vacations or travel.
We have MIGHT (depending on Wednesday) losses on a sector of travel that is HUGELY swung by the economy. We don't have business travelers that will always need to be moving like the legacies and most of our passengers are probably not doing too hot financially speaking right now.
The first 4 months of the year have been nonstop ups and downs on the economy and economic outlook based on what our government (president) is doing that day. Tarriffs this, tarriffs that. People's lives are expensive. Economists were spelling doom and gloom. Of course people won't be traveling unless they truly need to.
It is said that demand is back, which we are seeing. It is all up to the call on what the numbers are, but I am actually kind of expecting minimal losses/break even, maybe even a slight profit. Scaling back flying while overselling flights is better than flying with open seats in a world where nothing is certain right now. Even though our CEO is saying travel is back with a vengence and the TSA numbers are showing that as well...
But what do I know? I am just a pilot. I don't get paid to worry about this and I don't get paid to figure it out either, my 3 aviation management classes with my degree didn't prepare me to do someone's job who does this for a living and has multiple degrees and years of experience.
Oh, and I do take my family on us sometimes, if it works out scheduling wise....but of course, the preference is a legacy because flights for plentiful and the route network is usually 1 leg anywhere I need to go any day. BUT, that is also because they have been around for 80+ years with multiple, multiple, multiple rounds of consilidations and mergers.