Originally Posted by
LifetimeCFI
You don't think we are desperately trying? Most FOs have their apps out, and have since day one. Unfortunately moving on is extremely difficult outside of random 2-3 month stretches where loads of people are getting in with the top jobs before that window abruptly closes. And us FOs who missed out are now without any realistic avenue to earning TPIC in the next 2 years. Bleak.
FYI - I think the "rent" mention was money saved on leases terminating but could be wrong.
You don’t need TPIC… FWIW buddy of mine has TPIC no calls at all. But I know of a handful of guys ZERO TPIC that have either interviewed in the last few months or have interviews coming up. Keep updating your app and keep right side up, you’ll get a call.
Yes the rent is partially true but not the entire story with just leases.
Originally Posted by
DumboDrop
Crew rooms don't cost $200m. I'd assume it gates at underperforming markets.
No they don’t but you can claim an umbrella statement in an earnings call with gates/ground crew/GAs all inclusive to rent right? We rent all of those services. Rather then him getting into the weeds about exactly ever aspect of the savings.
Originally Posted by
ginntonic
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.
What does network shape mean to you? Because to me it means a realignment/closure. Just take a look at the bid packets for March…. What bases didn’t get an increase in block hours? Meanwhile, the other bases did. Ofc I could be wrong with all of this but it seems to me that this is the way it’s going to go. Higher utilization also means potentially more trips not turns. Think TransCon flying through the night.
I agree not all $200M is from bases closing, see my above comment to DumbDrop