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Originally Posted by Stayontarget
(Post 3676411)
Aaaaand just like that on FB is a note that check in and bag drop counters will cut you off an hour before the flight starting August 16th. So is that an hour before the scheduled departure or an hour before the two hour delay that they won’t notify you of until the scheduled departure?
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Originally Posted by spooldup
(Post 3676399)
I wonder if it is the recent slew of bad publicity and the massive screw ups we have had that involve our contract workers related to cancellations and huge delays.
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Originally Posted by turbojet28
(Post 3676341)
Better than a loss, but another quarter with margins half of what legacies enjoyed. Not as many people seem to be as concerned about that as I would think.
Delta however had a killer quarter at 16%. |
Originally Posted by Aero1900
(Post 3676423)
United turned a 9.8% margin, we turned a 9.2%
Delta however had a killer quarter at 16%. |
Originally Posted by Aero1900
(Post 3676423)
United turned a 9.8% margin, we turned a 9.2%
Delta however had a killer quarter at 16%. |
Originally Posted by turbojet28
(Post 3676458)
We also revised our FY2023 guidance downward to 4-6% margin. The players on the call spent a lot of time tap dancing and coming up with excuses for that, including ATC, weather, and excess capacity due to higher than normal growth numbers. Will be an interesting stretch of time as the year plays out as Bill Franke has stated publicly during one of his recent interviews that indigo is not interested in carrying an investment that doesn’t consistently produce double digit margins.
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Originally Posted by Aero1900
(Post 3676337)
https://www.tipranks.com/news/press-releases/frontier-airlines-reports-second-quarter-2023-financial-results
9% profIt margin. Not bad |
Originally Posted by Stayontarget
(Post 3676379)
One of the questions by an investor related to this. They touted the ancillary fees being $5 higher but the average fare per ticket was down $17 per ticket. Shurz mentioned it was because of our low fares driving demand approach. 30% of our routes being new and pushing the prices down to get it going. Some stick and some don’t. But considering we probably always do that it didn’t really explain the drop. The amount of go wild pass promotions and deals I’ve seen lead me to believe there is something more fundamental happening. Maybe our reputation is becoming more problematic?
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Originally Posted by Blueskies67
(Post 3676499)
I really think we are going to have trouble filling seats next year. It’s possible we are out growing our market and load factors seem to reflect this. Without the company really throwing some money down to invest in growing the airline properly I can see things not being so rosey in one to two years.
People figured it out. We burned them and they are avoiding us. |
Originally Posted by Blueskies67
(Post 3676499)
I really think we are going to have trouble filling seats next year. It’s possible we are out growing our market and load factors seem to reflect this. Without the company really throwing some money down to invest in growing the airline properly I can see things not being so rosey in one to two years.
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