AAL Removed from S&P500
#31
On Reserve
Joined: Feb 2019
Posts: 108
Likes: 1
You're under-informed then. B6's intra-westcoast routes made money. Management thinks they can make more money in the immediate future by sending those planes to the Caribbean in exchange for gutting their west coast structure. B6 has an activist investor whose primary strategy is to invest in companies he believes in, but which he thinks are stymied by dysfunctional C-suites. Watch an interview of him and he says it very clearly, his aim is always to fix and/or replace upper-level management and then watch for positive results to trickle down into the company, thereby turning the whole place around. The goal of B6's current management is to make the next quarter green at all costs, long-term strategy be damned. They are trying to keep their jobs. Yes, their actions will probably help right the ship, but it comes with a high cost of not only continuing to underserve fly-over USA, but now extending that lack-luster strategy to the west coast. Ask your nearest west coast friend if they've ever flown on JetBlue. Drive around the large west coast cities and see if you spot any JetBlue advertising. It's not a thing. Do you honestly think B6's west coast customers want to connect through JFK/BOS to get to their new EU destinations? Or, conversely, would their east coast customers want to connect through LAX to reach their long-promised destinations in Hawaii? No, hell no. If you were thinking long-term, you'd be taking different actions. This is a short-term strategy and everyone knows it. All airlines struggle in LAX because nobody dominates it, not to mention all of the ancillary airports in Socal. There's 24 million people in Socal, plus another 3.5 million in Northern Baja (who, yes, use LAX because TIJ/SAN/SNA/ONT don't offer the same type of long-haul service). If you want to work for an airline that doesn't care to cater to such a large potential customer base, by all means, apply to B6, but don't think for a second that any legacy carrier is short-sighted enough to consider your suggestion.
#32
Still beats the hell out of where we came from my friend. Everything cycles in this industry. AA is still paying down debt. This isn't the time to climb out on the ledge just because UA is overextending themselves and DL is making money hand over fist as usual while they screw their employees and customers over. AA isn't going out of business. "Too big to fail". If anything Uncle Sugar will get involved again. Stocks mean nothing unless you're a hedge fund.
#33
Gets Weekends Off
Joined: Jul 2024
Posts: 101
Likes: 0
You're under-informed then. B6's intra-westcoast routes made money. Management thinks they can make more money in the immediate future by sending those planes to the Caribbean in exchange for gutting their west coast structure. B6 has an activist investor whose primary strategy is to invest in companies he believes in, but which he thinks are stymied by dysfunctional C-suites. Watch an interview of him and he says it very clearly, his aim is always to fix and/or replace upper-level management and then watch for positive results to trickle down into the company, thereby turning the whole place around. The goal of B6's current management is to make the next quarter green at all costs, long-term strategy be damned. They are trying to keep their jobs. Yes, their actions will probably help right the ship, but it comes with a high cost of not only continuing to underserve fly-over USA, but now extending that lack-luster strategy to the west coast. Ask your nearest west coast friend if they've ever flown on JetBlue. Drive around the large west coast cities and see if you spot any JetBlue advertising. It's not a thing. Do you honestly think B6's west coast customers want to connect through JFK/BOS to get to their new EU destinations? Or, conversely, would their east coast customers want to connect through LAX to reach their long-promised destinations in Hawaii? No, hell no. If you were thinking long-term, you'd be taking different actions. This is a short-term strategy and everyone knows it. All airlines struggle in LAX because nobody dominates it, not to mention all of the ancillary airports in Socal. There's 24 million people in Socal, plus another 3.5 million in Northern Baja (who, yes, use LAX because TIJ/SAN/SNA/ONT don't offer the same type of long-haul service). If you want to work for an airline that doesn't care to cater to such a large potential customer base, by all means, apply to B6, but don't think for a second that any legacy carrier is short-sighted enough to consider your suggestion.
#35
Gets Weekends Off
Joined: Feb 2008
Posts: 20,880
Likes: 194
Stock price has a lot to do with the future of a company. It to extent determines the cost to borrow capital, procure assets and influence political aspects. By far however the most important thing is keeping corporate raiders out of the balance sheet and cash flow. Corporate raider is a old term that is now called private equity. Sounds much better. Private equity comes in like a giant cash sucking vacuum. They suck up the cash for their investors and bolt for the next victim to bleed dry.
#37
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
Your strategy sucks and is already losing 'caus' that's what we are doing now. Shrink DFW and CLT, we already stuff too much through there. Any cost savings we get from over utilizing those airports are lost during our extreme and numerous industry leading IROPS at those two locations. We are permanently losing customers because if this misguided strategy. Move CLT slots to ORD and DFW slots to PHX. Grow ORD back up to 1000 plus pilots. You diversify flying to combat IROPs with ORD and you take advantage of the year-round great weather of PHX. Win win win.
#38
Stock price has a lot to do with the future of a company. It to extent determines the cost to borrow capital, procure assets and influence political aspects. By far however the most important thing is keeping corporate raiders out of the balance sheet and cash flow. Corporate raider is a old term that is now called private equity. Sounds much better. Private equity comes in like a giant cash sucking vacuum. They suck up the cash for their investors and bolt for the next victim to bleed dry.
#40
Gets Weekends Off
Joined: Mar 2021
Posts: 2,847
Likes: 212
Your strategy sucks and is already losing 'caus' that's what we are doing now. Shrink DFW and CLT, we already stuff too much through there. Any cost savings we get from over utilizing those airports are lost during our extreme and numerous industry leading IROPS at those two locations. We are permanently losing customers because if this misguided strategy. Move CLT slots to ORD and DFW slots to PHX. Grow ORD back up to 1000 plus pilots. You diversify flying to combat IROPs with ORD and you take advantage of the year-round great weather of PHX. Win win win.
MAGA
Make American Great Again
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