News thread
 

Thought I would start a random news thread in light of the LGA news and corresponding stock bump today.

In other news…

https://www.bloomberg.com/news/articles/2023-06-01/austin-reaches-88-million-deal-in-air-terminal-takeover-spat?utm_campaign=socialflow-organic&cmpid=socialflow-facebook-business&utm_source=facebook&utm_medium=social&utm _content=business

We are going to need a new terminal.

Next crew base LGA?

Wouldn't surprise me. However, I have a feeling it will turn into more flights there, most likely connecting across the pond when the XLRs arrive... Just a hunch.

Until then, most likely more LGA turns, and letting other airlines use our gates/slots for extra income.

Can't go more than 1,500nm departing from LGA.

ew thats digusting. But also good.

Im not sure then.

The head of Marketing has said that he would wager on the XLR's NOT showing up. So I wouldn't count on ever seeing one.

Forget the XLR. F9 should get 330 NEO's, pack 450 pax in, and cross the pond! That's the rumor I'm waiting for.

Ref

Imagine the riots at the gate with 500 pax when we cancel! The airport authority would have to hire extra police just for us :)

Not to mention, lets try and stuff them into the already small and crowded gates lol

Really doesn't work that well with the ULCC business model. When you have a business model that generates over 50% of the revenue via ancillary fees, you want to shuffle as many people on and off the plane as possible. Long haul doesn't do that. You'd make more money flying a 320 4 short legs than a 330 on just one leg. 4x the bag fees, 4x the seat fees etc.

The other problem is utilization. When the aircraft are all on monthly lease payments you need to run as many flights/ hours as possible. Again, doesn't work well easily for long haul flights.

Long haul low cost has been a major problem or a flat out failure business model. If the big, experience jet is only going to fly 1 or 2 legs a day, it needs the mega expensive 1st class revenue