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What are the odds that we survive this


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What are the odds that we survive this

Old 03-20-2020 | 08:02 AM
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Originally Posted by MCDUie
Not to sound pessimistic, but the reality of “what if” is starting to take root and I’m starting to wonder how long an airline of our size could realistically expect to survive the $h!t storm we currently find ourselves in. Up until this point, I’ve been pretty confident in our ability to weather an economic downturn/recession but the magnitude of this particular event has me starting to doubt. I don’t have apps out and the thought of getting my logbooks back in order and preparing for interviews is depressing. I’m starting to dread logging on to comply to read the company memo’s.
Frontier like other airlines have made record profits for the last 6-7 years. They can more than survive a few months of declined revenue. A couple of bad months aren’t going to put them out of business. I think April and May and going to be rough, but I’m hoping by June things will slowly start going back to normal.
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Old 03-20-2020 | 08:35 AM
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Originally Posted by Trowserchilli
What a ridiculous post.

Frontier’s owner, owner of Indigo, couldn’t disagree with you more. He thinks it’s a good time to airline shop.

And hey Frontiers a privately held company. How the hell do you know how long they can last.

https://uk.mobile.reuters.com/articl...a7Q6RytIMjlcIo
That article looks quite recent, I can’t tell when it was originally published but it shows updated just earlier this morning. The most encouraging news I’ve read specifically regarding Indigo (and thus Frontier).
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Old 03-20-2020 | 10:06 AM
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I think Frankie my be looking for "opportunities" to grow........

Sent from my SM-N920V using Tapatalk
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Old 03-20-2020 | 10:22 AM
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Originally Posted by Trowserchilli
What a ridiculous post.

Frontier’s owner, owner of Indigo, couldn’t disagree with you more. He thinks it’s a good time to airline shop.

And hey Frontiers a privately held company. How the hell do you know how long they can last.

https://uk.mobile.reuters.com/articl...a7Q6RytIMjlcIo
This is the first positive spin I‘ve seen but it makes sense especially from an investor point of view.
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Old 03-20-2020 | 12:06 PM
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Originally Posted by SFA320
Frontier like other airlines have made record profits for the last 6-7 years. They can more than survive a few months of declined revenue. A couple of bad months aren’t going to put them out of business. I think April and May and going to be rough, but I’m hoping by June things will slowly start going back to normal.
I am not worried about F9 surviving. I just don't want to see furloughs. I admittedly could survive a couple months without pay but it would obviously suck.
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Old 03-20-2020 | 01:15 PM
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Originally Posted by Pilottim79
I am not worried about F9 surviving. I just don't want to see furloughs. I admittedly could survive a couple months without pay but it would obviously suck.
We will furlough. We are cutting 70% of may flights. This is unprecedented. Hold on tight
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Old 03-20-2020 | 01:23 PM
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Originally Posted by Aero1900
We will furlough. We are cutting 70% of may flights. This is unprecedented. Hold on tight
Agreed. As someone said to me, “it’s hard to change direction once you set course on the furlough ship. The company has to make their best estimate on how long the reduction in flying will last and how many furloughs it will require before taking action. They probably already know they’ll be furloughs. They’ll take the COLA requests first and then after that it may take multiple rounds to fine tune it.”

There are so many variables at play. The markets change by the hour, the lockdowns continue to increase, no word on any truly promising treatments or vaccine and Congress is trying to approve a financial aid package, in the form of loans, that will include aid for airlines. They’re probably waiting for more information, just like every other company. I expect the furlough decision to come no sooner than when we have the COLA requests accepted and a clear picture of what aid, if any, that we’ll receive from the government.
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Old 03-20-2020 | 01:27 PM
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https://finance.yahoo.com/news/if-tr...172302805.html
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Old 03-20-2020 | 02:18 PM
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Originally Posted by ToddChavez
Dude, puh-lease.

This sucks and the Trump deranged media is to blame. It can be statistically proven pandemics worse than this have occured. We will recover within a year. How much we will recover is yet to be seen, but F9 is best poised to weather this.
I’m curious, why do you think Frontier is best poised to handle this crisis?
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Old 03-20-2020 | 03:29 PM
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Originally Posted by ClearCreek
I’m curious, why do you think Frontier is best poised to handle this crisis?
can't speak for him, but on the plus side, good balance sheet, low casm, low international exposure, no business travelers.

Possibly last in line for a bailout.

This won't be over soon. This situation gets worse by the day. No one will want to be on airplanes for a while.
Delta seems the most proactive, Spirit is in denial, and everyone else is in between.
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