Continuning to shrink
#1
Thread Starter
Gets Weekends Off
Joined: Mar 2014
Posts: 4,118
Likes: 293
"In 2015, the Company took delivery of 75 new mainline aircraft, added 52 regional aircraft, and removed 112 mainline and 31 regional aircraft. In 2016, the Company expects to take delivery of 55 new mainline aircraft, add 49 regional aircraft and remove 92 mainline and 29 regional aircraft."
2015 net mainline: (-37)
2016 net mainline: (-37)
-----------------------------
74 net mainline hull loss in 2015 and 2016
Over 740 pilots they don't have to hire to staff (meanwhile, Delta added 37 jets in 2015).
Doug also spent $3.6 billion (that's a b) on stock repurchasing.
PRASM is down quite a bit. (-6%). Worse than our peers.
http://phx.corporate-ir.net/phoenix....cle&ID=2133537
2015 net mainline: (-37)
2016 net mainline: (-37)
-----------------------------
74 net mainline hull loss in 2015 and 2016
Over 740 pilots they don't have to hire to staff (meanwhile, Delta added 37 jets in 2015).
Doug also spent $3.6 billion (that's a b) on stock repurchasing.
PRASM is down quite a bit. (-6%). Worse than our peers.
http://phx.corporate-ir.net/phoenix....cle&ID=2133537
#2
PRASM is down quite a bit. (-6%). Worse than our peers.
Parker is dumping tickets at a price less than the typical cab/limo fare from the arrival airport into downtown.
#3
Gets Weekends Off
Joined: Oct 2015
Posts: 3,195
Likes: 42
From: Gear slinger
Could this "shrinkage" be a way to hedge against a pilot shortage in the future? Less staffing requirements = less pilots they have to flow through from the WOs and hire OTS during a pilot drought.
#8
Line Holder
Joined: Aug 2007
Posts: 554
Likes: 24
From: On all fours
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