Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Frontier
Franke’s recent speech at CAPA Masterclass >

Franke’s recent speech at CAPA Masterclass

Search
Notices

Franke’s recent speech at CAPA Masterclass

Thread Tools
 
Search this Thread
 
Old 05-25-2020, 11:15 PM
  #21  
Gets Weekends Off
 
Joined APC: Dec 2012
Posts: 2,078
Default

Originally Posted by GPullR View Post
23 % of flights flown. Massively reduced loads =10-12% of revenue.

Sent from my SM-G975U using Tapatalk
originally you said pax now it’s revenue. Revenue numbers are not public as f9 isn’t either. Revenue is way down. That’s about all we know.
fcoolaiddrinker is offline  
Old 05-26-2020, 05:12 AM
  #22  
Gets Weekends Off
 
Joined APC: Apr 2017
Posts: 464
Default

Originally Posted by GPullR View Post
23 % of flights flown. Massively reduced loads =10-12% of revenue.

Sent from my SM-G975U using Tapatalk
Thats not at all the case, in fact it completely misunderstands the data. Though I would suggest that due to our 50/50 split of revenue on ticket prices and ancillary fees that revenue is a bit lower.

When you state that the data is number of flights flown for that week vs that same week in 2019 it really suggests that Spirit and JetBlue might be doing very well. If the airline can be "right sized" for the time being it is better to operate fewer flights and bleed less cash. Operating more flights is not necessarily a good thing, unless those flights are making money. Now fortunately for Frontier's case if we operated 23% of our normal schedule and the following week we were showing 26+% of our normal loads, that suggests things are doing relatively well. It gives reason to continue growing and keeping the airline sized appropriately for the number of passengers. Also, while revenue is certainly down, operating costs are also lower. "Free" payroll for many employees through Sept while many employees are also taking voluntary 33% pay cuts to be able to stay home, fuel prices significantly down, maintenance costs down due to aircraft not operating. We're absolutely still bleeding money, but management has done very well to make recovery stronger. Looking at everything objectively it's nowhere near as bad as you suggest.
Gary et al is offline  
Old 05-26-2020, 08:58 AM
  #23  
Gets Weekends Off
 
Shrek's Avatar
 
Joined APC: Aug 2006
Posts: 1,814
Default

Originally Posted by gzsg View Post
I agree there is a huge opportunity here for Frontier.

American and United have to burn the furniture to stay alive and our management is going to **** away $500 million plus by not offering an early out similar to Americans. They’ll show us!

Meanwhile Frontier jumps in and fills the void. A huge void.
Good luck with that - LoL
Shrek is offline  
Old 05-26-2020, 02:14 PM
  #24  
Gets Weekends Off
 
Joined APC: Dec 2013
Posts: 501
Default

Originally Posted by GPullR View Post
Full steam ahead with around 10-12 % of normal passengers??? Hmmmm.......

Sent from my SM-G975U using Tapatalk
I imagine at present F9 is seeing an average of 30% loads. Basically everyone has that now. That number is slowly ticking up. The game moving forward for “full steam ahead” is surviving or surviving while taking market share. So, yes, I think the full fleet will be deployed soon. The question will be how long can F9 survive the liquidity game to stay on the offensive? Only a handful of private equity owners know that and they don’t waste time on this board. :-)
Barley is offline  
Old 05-27-2020, 06:59 AM
  #25  
Line Holder
 
Joined APC: Nov 2018
Position: B756 FO
Posts: 79
Default

Originally Posted by Barley View Post
I imagine at present F9 is seeing an average of 30% loads. Basically everyone has that now. That number is slowly ticking up. The game moving forward for “full steam ahead” is surviving or surviving while taking market share. So, yes, I think the full fleet will be deployed soon. The question will be how long can F9 survive the liquidity game to stay on the offensive? Only a handful of private equity owners know that and they don’t waste time on this board. :-)
Of the ten legs I've flown In May not one was less than 100 pax, a few were right up to capacity minus the 20 blocked seats. So in my experience no where close to 30% - likely double that.
SuperDec95 is offline  
Old 05-27-2020, 09:39 AM
  #26  
Line Holder
 
Joined APC: Dec 2017
Posts: 28
Default Load factor

Originally Posted by Barley View Post
I imagine at present F9 is seeing an average of 30% loads. Basically everyone has that now. That number is slowly ticking up. The game moving forward for “full steam ahead” is surviving or surviving while taking market share. So, yes, I think the full fleet will be deployed soon. The question will be how long can F9 survive the liquidity game to stay on the offensive? Only a handful of private equity owners know that and they don’t waste time on this board. :-)
Current load factor is 50-65% depending on the day. Las Vegas opens June 4th and Disney world starts July 11th. Will be ramping up flights as those approach.
Boeing175 is offline  
Old 05-27-2020, 04:41 PM
  #27  
Gets Weekends Off
 
Joined APC: Mar 2018
Posts: 247
Default

Originally Posted by Boeing175 View Post
Current load factor is 50-65% depending on the day. Las Vegas opens June 4th and Disney world starts July 11th. Will be ramping up flights as those approach.
50-60% which is our break even point! Two planes came out of the desert today. All to be back online by sep is what being heard.
Mooneyguy is offline  
Old 05-27-2020, 06:23 PM
  #28  
Gets Weekends Off
 
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,391
Default

I don't want to be a Debbie downer, but I guarantee we are not anywhere close to breaking even.

I think our breakeven load factor is above 60%. Especially considering our fares are cheap now.

And we are paying lease payments for 50+ airplanes sitting in NM.
Aero1900 is offline  
Old 05-28-2020, 05:41 PM
  #29  
Line Holder
 
Joined APC: Nov 2017
Posts: 68
Default

Originally Posted by Mooneyguy View Post
50-60% which is our break even point! Two planes came out of the desert today. All to be back online by sep is what being heard.
Good point.......However, only if we are flying a full fleet. Not flying only half our fleet!
CrewRest is offline  
Old 05-28-2020, 08:29 PM
  #30  
Line Holder
 
Joined APC: Dec 2017
Posts: 28
Default

Originally Posted by CrewRest View Post
Good point.......However, only if we are flying a full fleet. Not flying only half our fleet!
Full fleet with high utilization too. Requiring the return of all the redeyes.
Boeing175 is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
PW4060
Career Questions
23
08-03-2015 07:16 AM
Grumble
Major
10
11-11-2010 11:30 AM
ATCsaidDoWhat
Major
21
09-20-2010 03:22 AM
jungle
Money Talk
6
08-30-2008 04:09 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices