Originally Posted by DENpilot
(Post 2274890)
I believe this management team has no intention to grow the airline as planned. They care about ONE thing, and that is; what can they do to make a dollar RIGHT NOW.
Biffle and Indigo don't give 2 *******s about this airline in 5 years. ****///Disclaimer - speculating here\\\**** With each aircraft that Indigo receives (and subsequently returns one currently on property with much less favorable terms), Indigo realizes a significant cost savings ($7 to $10 million?). If Indigo is able to pocket this savings themselves (versus allowing Frontier to benefit from the lower rate), Indigo can line their own pockets with each new aircraft that is received. It would depend on how the leases, both old and new, were structured. Because Indigo is privately held, this information is not public. A one for one aircraft swap could represent a huge financial gain immediately to Indigo, while an addition of a new airframe (not a replacement) would represent more of a long term investment in Frontier and it's future value. Could Indigo simply be lining their own pockets with each new aircraft that arrives on property (while perpetuating the illusion of growth)?? |
Originally Posted by DENpilot
(Post 2274890)
I believe this management team has no intention to grow the airline as planned. They care about ONE thing, and that is; what can they do to make a dollar RIGHT NOW.
Biffle and Indigo don't give 2 *******s about this airline in 5 years. Our CASM is somewhere under 6 cents. God forbid we keep a 5 year old A320 and our CASM goes from 5.7 to 5.8 cents. They're so effin' blinded by short term gain by replacing a CEO with a NEO that they are missing growth opportunities Allegiant and Spirit are moving in on, very rapidly. I was optimistic about Frontier's future, but with every passing day, that optimism wanes. The point of a business is growth and profit. Indigo thinks the same way every business owner does. Get bigger, make more money! They made a 25% profit margin last quarter. Sure would be nice to make 25% profit on an airline double the size, don't you think? I understand people are skeptical and have been burned before, but Indigo doesn't have some secret plan to not grow. Welcome aboard, new hires! |
I had a dream last night:
United has given Frontier an engagement ring. |
Originally Posted by Mugatu
(Post 2275161)
I had a dream last night:
United has given Frontier an engagement ring. |
Originally Posted by Aero1900
(Post 2275141)
The point of a business is growth and profit. Indigo thinks the same way every business owner does. Get bigger, make more money! They made a 25% profit margin last quarter. Sure would be nice to make 25% profit on an airline double the size, don't you think? I understand people are skeptical and have been burned before, but Indigo doesn't have some secret plan to not grow. But private equity firms and their methods are a whole different ball game. I did some internet research on some of the new big PE players and their methods. Their goal is often huge short term profits while turning around a failing business, and not necessarily the long term health of the business. They excel in stripping much of the business's value (and pocketing it themselves) while maintaining or increasing the value of the business for a future IPO or sale. Growth is a long term investment in a company. It requires that money made today be reinvested in the company to increase its future value. Any money invested in future growth is money the PE firm can not put in its pocket now. Indigo's motive is to put as much money in it's pockets as it can while maintaining or increasing Frontier's value for a future IPO or sale. Their goal or concern is not necessarily the long term health of Frontier or your future at an airline they won't be part of 5 years from now. I hope that I am wrong and you are correct! |
Originally Posted by Salukipilot4590
(Post 2274937)
None, we're all here.
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Originally Posted by Riverside
(Post 2275167)
Frontier can't even afford to pay for the wedding.
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Originally Posted by madmax757
(Post 2275195)
How many in the class Saluk?
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Originally Posted by madmax757
(Post 2275195)
How many in the class Saluk?
Originally Posted by TurboFanMan
(Post 2275225)
I heard 28 Jan 3rd class?
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Originally Posted by skater3260
(Post 2275212)
Yes, we can. It will be held at the Little Chapel of Love in Las Vegas. First ten RSVPs will qualify for $19 fares on the redeye to Vegas.
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