JB slowing growth, more aircraft deferrals.
#11
Gets Weekends Off
Joined APC: Mar 2012
Posts: 988
This announcement in my opinion was a placeholder to placate the investors and buy them more time until we announce our fleet review plan later this year....
It could ultimately end up in slower growth.
It could also add different air frames to replace the 321 deferral order.
#12
The REAL Bluedriver
Thread Starter
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,860
#13
The REAL Bluedriver
Thread Starter
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,860
I missed the part where they announced the fleet review plan which will change the order structure again.......
This announcement in my opinion was a placeholder to placate the investors and buy them more time until we announce our fleet review plan later this year....
It could ultimately end up in slower growth.
It could also add different air frames to replace the 321 deferral order.
This announcement in my opinion was a placeholder to placate the investors and buy them more time until we announce our fleet review plan later this year....
It could ultimately end up in slower growth.
It could also add different air frames to replace the 321 deferral order.
#14
Covfefe
Joined APC: Jun 2015
Posts: 3,001
Blue juice must taste good right now. Unreal that these juicers keep putting a positive spin on negative filings/company reports. When there is positive news, i.e. aircraft orders, widebodies, more growth, more pay, better benefits, good financial news with profits/revenue/casm/rasm/roic...then celebrate and spray the blue juice all over yourselves. How much of that was announced today? Zero. In the meantime, we are underpaid and movement just slowed even more, oh and our net income is down, while our CapEx is up on retarded tech investments. There aren't two real sides to this. There is the factual side and the made up fantasy side. One is real. One isn't. Fantasy doesn't improve pay and QOL, but keep making yourself feel better about it.
#15
Gets Weekends Off
Joined APC: Mar 2016
Posts: 591
This CC was IMO was about manufacturing news the investor community views as good news. We are out of good news until the restyling takes effect and other revenue and cost initiatives start to drive CASM down or at least flatter.
One other thing that stood out was the company or analyst remarked that we may be over staffed? Did I hear that correctly? Our CFO wanted to take that offline but remarked that we have flexibility with staffing though bid divisors.
We are not overstaffed and any AIP will have to fix allocation and distribution or possible fail so I read that as a "AIP in 2017" just went poof. Add this to Robin's goal of highest margins within our peer set or his statement that LCC should drive the highest margins for investors and I think we can begin to see the "box" he has given his NC to work with.
We will be in a labor dispute in 2018 and of course that is IMO!
One other thing that stood out was the company or analyst remarked that we may be over staffed? Did I hear that correctly? Our CFO wanted to take that offline but remarked that we have flexibility with staffing though bid divisors.
We are not overstaffed and any AIP will have to fix allocation and distribution or possible fail so I read that as a "AIP in 2017" just went poof. Add this to Robin's goal of highest margins within our peer set or his statement that LCC should drive the highest margins for investors and I think we can begin to see the "box" he has given his NC to work with.
We will be in a labor dispute in 2018 and of course that is IMO!
#16
Banned
Joined APC: Nov 2013
Position: 7th green
Posts: 4,378
Airlines defer airplanes all the time. Alaska was supposed to be the launch customer for the MD-90. Guess how many they took...ZERO.
Its when they start returning them with no replacements you need to be concerned.
Its when they start returning them with no replacements you need to be concerned.
#17
Gets Weekends Off
Joined APC: Mar 2008
Position: B6
Posts: 1,047
We can speculate all day long. We talk about what you think might/could/possibly happen.
All I KNOW is what they announce to Wall Street and the world. Deal in hypotheticals all you want, I am telling you the FACTS as they are known today.
Spinning a deferral into a positive is quite amazing, can't say I'm surprised on this website though.
All I KNOW is what they announce to Wall Street and the world. Deal in hypotheticals all you want, I am telling you the FACTS as they are known today.
Spinning a deferral into a positive is quite amazing, can't say I'm surprised on this website though.
I heard nothing about deferrals on the call this year yet....
#18
Covfefe
Joined APC: Jun 2015
Posts: 3,001
"We’re reviewing our fleet this year to make sure we have the right mix to match our network plans. We have deferred eight A321 aircraft from 2019 to 2023. We now have 13 aircraft on order for 2019. We are also deferring five aircraft from 2020 to 2024."
Read your email and open your ears keepsgettingbetter. Straight from the CFOs outbox to your inbox.
Read your email and open your ears keepsgettingbetter. Straight from the CFOs outbox to your inbox.
#19
Gets Weekends Off
Joined APC: Jan 2013
Position: Captain
Posts: 241
"We’re reviewing our fleet this year to make sure we have the right mix to match our network plans. We have deferred eight A321 aircraft from 2019 to 2023. We now have 13 aircraft on order for 2019. We are also deferring five aircraft from 2020 to 2024."
Read your email and open your ears keepsgettingbetter. Straight from the CFOs outbox to your inbox.
Read your email and open your ears keepsgettingbetter. Straight from the CFOs outbox to your inbox.
#20
Gets Weekends Off
Joined APC: Jul 2012
Position: Ablue320
Posts: 200
We deferred a bunch of 320 orders not too long ago. A few quarters later we ordered 30 321's. Could you imagine what Wall Street would think if JB added another order of aircraft without derfering some existing orders. I view (speculate) this as a hidden opportunity. I believe there was talk about the 190's not being as profitable as the Bus. One thing we can all agree to is change is very common around here. Deffering one day, buying the next.
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