Vasu Raja interview
07-04-2020, 04:01 PM
#61
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Joined APC: May 2017
Posts: 2,012
Originally Posted by cactusmike
Look at the drawdown of all the international routes announced this week. Pulling most routes or of LAX when that city was going to be built up an an Asian gateway. CLT losing cities, ORD as well. This isn’t aggressive.
07-05-2020, 06:10 PM
#62
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Joined APC: Apr 2012
Posts: 403
With the announcement of route cuts, I think that displacement bid might have been run a bit too early. Has to be another one coming soon. The LAX international flying is affectively gone less a few routes. No way they will need that manpower. And ORD, it will be way over staffed with the cuts.
07-06-2020, 05:23 PM
#63
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Joined APC: Sep 2007
Posts: 114
Listen to the next earnings call in a few weeks. Vasu should provide and updated ASM reduction for July 2021. In April, Vasu estimated a 15% ASM reduction. The displacement bid was roughly a 18-20% reduction. That leaves us with approximately 1300 pilots more than required after normal attrition for July 2021. The October earnings call should provide the exact ASM number for July 2021. According to SCA’s analysis, it appears a 5% move in ASM equals approximately 600 pilots.
07-07-2020, 10:54 AM
#64
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Joined APC: Dec 2019
Posts: 216
Originally Posted by BackintheLPA
Listen to the next earnings call in a few weeks. Vasu should provide and updated ASM reduction for July 2021. In April, Vasu estimated a 15% ASM reduction. The displacement bid was roughly a 18-20% reduction. That leaves us with approximately 1300 pilots more than required after normal attrition for July 2021. The October earnings call should provide the exact ASM number for July 2021. According to SCA’s analysis, it appears a 5% move in ASM equals approximately 600 pilots.
07-07-2020, 11:03 AM
#65
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Joined APC: Jun 2014
Posts: 589
Originally Posted by FetaCheese
600 pilots down from 1300 or an additional 600?
07-07-2020, 11:24 AM
#66
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Joined APC: Dec 2019
Posts: 216
Originally Posted by Dobbs18
I interpret it in the following way...our sept bid has a 18-20% ASM reduction built into it, which leaves us with roughly 1,300 pilots too many. In the earnings call if that forecast is adjusted to a 15% ASM reduction then the 1,300 number would go down, i.e in the range of 800-1000 too many pilots for next summers flying. I didn’t do the exact math but you get the idea.
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