Q1 loss
05-10-2024 | 05:18 AM
#11
Gets Weekends Off
Joined: Feb 2013
Posts: 3,134
Likes: 10
Just a few years ago it would be unthinkable for an airline with a single fleet to consider adding a second fleet type. But today, it seems being a single fleet could put you out of business. Max has issues, but so does Airbus with the PW engines.
Even Southwest will have to consider a second fleet type. If anything, the MAX itself will one day need replaced with a clean sheet design of something.
Even Southwest will have to consider a second fleet type. If anything, the MAX itself will one day need replaced with a clean sheet design of something.
05-10-2024 | 05:00 PM
#12
Line Holder
Joined: Feb 2012
Posts: 629
Likes: 13
Just a few years ago it would be unthinkable for an airline with a single fleet to consider adding a second fleet type. But today, it seems being a single fleet could put you out of business. Max has issues, but so does Airbus with the PW engines.
Even Southwest will have to consider a second fleet type. If anything, the MAX itself will one day need replaced with a clean sheet design of something.
Even Southwest will have to consider a second fleet type. If anything, the MAX itself will one day need replaced with a clean sheet design of something.
05-11-2024 | 05:48 AM
#13
It's 5 o'clock somewhere
Joined: Oct 2020
Posts: 2,671
Likes: 17
In this case, there are plenty of old busted 737's available on the used market. Allegiant could have stolen a 737-800 OpSpec (like they allegedly did with the airbus) and been running used 737's for years already. Maury thought he got pandemic pricing, but in actuality he walked into one of the saddest corporate shiitshows in American history.
05-14-2024 | 01:31 PM
#14
Line Holder
Joined: Mar 2016
Posts: 409
Likes: 11
From: Capi the Chapi
05-15-2024 | 06:19 AM
#15
It's 5 o'clock somewhere
Joined: Oct 2020
Posts: 2,671
Likes: 17
Yeah that was supposed to be temporary until it wasn't. That's why the FAA came in circa 2018 and said "WTF fix this now or we're shutting you down". So the result was another "temporary" solution to switch to the factory FCOM and the training by memo and Fihmi videos "It's only 1800 pages I suggest you just read it and do it".
05-15-2024 | 07:01 AM
#16
Line Holder
Joined: Jun 2018
Posts: 279
Likes: 2
Yeah that was supposed to be temporary until it wasn't. That's why the FAA came in circa 2018 and said "WTF fix this now or we're shutting you down". So the result was another "temporary" solution to switch to the factory FCOM and the training by memo and Fihmi videos "It's only 1800 pages I suggest you just read it and do it".
05-15-2024 | 07:18 AM
#17
On Reserve
Joined: Jun 2015
Posts: 173
Likes: 3
Glad we have someone in there now that changed that culture.
05-15-2024 | 10:19 AM
#18
Line Holder
Joined: Jun 2018
Posts: 279
Likes: 2
And the egotistical training department who berated everyone who didn’t know or knew more than them. LS buttons on takeoff, sham on you. Point out that it is in the technic manual. Raise their voice berate you some more. Etc.
Glad we have someone in there now that changed that culture.
Glad we have someone in there now that changed that culture.
05-16-2024 | 08:57 AM
#20
On Reserve
Joined: Jun 2008
Posts: 128
Likes: 10
Most of the year is forcasted to continute to have headwinds from the delivery delays, not just Q2. They haven't mentioned an alternate plan, which is fair considering the odds are unlikely of not starting the 2 per month delivery cadence this year. There isn't a good alternative given airbus's 8,000+ order backlog for new while the used bus market has dried up and the max orders were locked in at a very heavy discount below retail. The plan is for a large increase in aircraft utilization in 2025, similar to 2018 vs 2019, along with a modest 2025 total fleet count growth vs 2024 which will be flat (retiring a few of the old buses as new max's come online). I'd expect margins to be back towards the top of the industry by early to mid 2025, similar to the last couple decades, which includes the lost decade.
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