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03-20-2020, 05:57 PM

#21

Aeirum

Banned

Joined APC: Mar 2019

Posts: 229

Quote:

Originally Posted by KC135

Lowest CASM in the industry since 90% of the fleet was purchased used and a large chunk are fully paid off. Cheaper to park vs brand new 100 million dollar per airbus lease payments.

That just means that it will cost less to park planes not that fewer will be parked. Why is Allegiant and Spirit for that matter holding off on announcing reductions is not clear to me.

03-20-2020, 08:46 PM

#22

KC135

Gets Weekends Off

Joined APC: Jun 2015

Position: A-320

Posts: 680

Quote:

Originally Posted by ramalama

Actually Spirits is lower.

CASM adjusted for utilization, algt is the lowest.

03-20-2020, 09:04 PM

#23

KC135

Gets Weekends Off

Joined APC: Jun 2015

Position: A-320

Posts: 680

Quote:

Originally Posted by Aeirum

That just means that it will cost less to park planes not that fewer will be parked. Why is Allegiant and Spirit for that matter holding off on announcing reductions is not clear to me.

That was the whole point of what was meant to be positioned better to ride out the storm, having lower cost while parking planes. I don’t see the reductions being any less than other airlines but they are happening slower vs others due to no international and the lack of business travelers being regular customers, who were the first pax to stop flying domestically.

03-22-2020, 09:21 AM

#24

EALOFFSPRING

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Joined APC: Aug 2014

Posts: 72

They announced a 15% reduction in March and 35% in April and May. That is off the top of my head, but I have seen it in articles on the web, and from company communications.

03-22-2020, 09:33 AM

#25

BobbyLeeSwagger

Moderator

Joined APC: Sep 2017

Position: MEC Chairman, Snack Basket Committee

Posts: 3,197

Quote:

Originally Posted by EALOFFSPRING

They announced a 15% reduction in March and 35% in April and May. That is off the top of my head, but I have seen it in articles on the web, and from company communications.

Could be worse. I would think they could weather that without furloughs. I know it's just a guess, but any thoughts on classes continuing this fall?

03-22-2020, 02:40 PM

#26

Chiefs

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Joined APC: Nov 2015

Posts: 49

Quote:

Originally Posted by BobbyLeeSwagger

Could be worse. I would think they could weather that without furloughs. I know it's just a guess, but any thoughts on classes continuing this fall?

no one is going to be able to give you a legitimate answer. Things change by the day.

03-22-2020, 10:31 PM

#27

domino

Gets Weekends Off

Joined APC: Nov 2016

Posts: 880

Quote:

Originally Posted by Chiefs

no one is going to be able to give you a legitimate answer. Things change by the day.

agreed. And with the recession that is coming, a two year delay wouldn’t be out of the question.

03-24-2020, 07:01 AM

#28

FlightMonster

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Joined APC: Dec 2017

Posts: 60

Quote:

Originally Posted by BobbyLeeSwagger

Could be worse. I would think they could weather that without furloughs. I know it's just a guess, but any thoughts on classes continuing this fall?

hang in there BLS; so looking forward to have you and your sweet memes join the Allegiant family 🙂

03-24-2020, 09:19 AM

#29

BobbyLeeSwagger

Moderator

Joined APC: Sep 2017

Position: MEC Chairman, Snack Basket Committee

Posts: 3,197

Quote:

Originally Posted by FlightMonster

hang in there BLS; so looking forward to have you and your sweet memes join the Allegiant family 🙂

Haha thanks.. I may harrass you guys early.. We will probably have our threads closed soon. Thanks for all the info here, I've been lurking a while!

03-25-2020, 08:25 PM

#30

Silver02ex

Gets Weekends Off

Joined APC: Sep 2005

Posts: 1,735

Quote:

Originally Posted by Aeirum

That just means that it will cost less to park planes not that fewer will be parked. Why is Allegiant and Spirit for that matter holding off on announcing reductions is not clear to me.

Spirit has announced 25% reduction for May. New class starting in April and a new vacancy that's effective in June just came out. My guess is once Vegas, Disney and cruise line, along with the boarders to Central and South America opens back up, most of those passengers will come back. Our load factors is still 30%-50% on most flights as of today. With a low cost and 1.1B in cash, it's easier to get through this.