Originally Posted by
Aero1900
Travel demand was down this spring and summer industry wide. Ticket prices were down and we simply didn't bring in enough revenue.
In the low demand market, we lower ticket prices to keep the load factors up (which we did) but the prices were too low.
Not great, but not a crisis either.
Originally Posted by
spooldup
Agree.... Our numbers weren't great, but they were also because we lost about 500k passengers in the quarter which obviously will reduce the revenue, likely due to the economic issues we have seen and will continue to see due to the current president and his whiplash of proposals and tarriffs. It sucks to see a loss, but seeing these load factors checks out, my flying then was pretty half ful to 80% full planes. Compared to the last month, I have had nothing but near full or oversold every leg.
Coming from a general optimistic person about this place this is definitely a crisis. These are very very bad results and context matters.
We were supposed to be double digit positive margins this summer now we are double digit negative. We posted this terrible of results without a pilot or FA contract in place. Add those costs and you have a REAL problem. We posted this terrible of a performance this summer despite flying 10-15% less per plane and pilot. We should have truly been an on time machine this summer but we were the worst again. We are seeing that the passengers don’t flow down to Frontier if they can’t afford legacies, they just don’t fly. We are needlessly burning through money that should be being used to improve every aspect of our operation. The relentless focus on costs has cost us millions in revenue.
This is definitely a crisis and an awful result.