Originally Posted by
av8nallday
Sounds like they are closing bases too because no one caught that the $200 million in savings they are claiming to be able to achieve is due to rent…. Aka bases not being bases. Godspeed fellas
JD: "And the 200 million of cost savings, about half of it is rent right. Which comes from from the deal we've done today. About another third of it is really network shape driving unit cost savings into the business from where we fly basically. And then you've got efficiencies that come on the back of of having a business that was fragmented as the week progressed. So Tuesdays and Wednesdays had a lower flying. Saturday had slightly lower flying than the other four days of the week. And so you get efficiencies, efficiencies from that."
I don't think bases close to save the $200M. They're claiming $100M from the aircraft deal & $100M from fixing the network / utilization.
Ofc can change tomorrow.