Q2 Earnings email from CFO in short...

NO Profit Sharing (thanks to the rotten-to-the-core ***FORMULA***). While JB's primary competitor paid 14% last year and is forecast to pay more next year...

More Airbus delays... I'd be curious to see a comparison among A321NEO airlines to see if JB takes a higher percentage of delivery delays than other healthy airlines... Delayed cabin refresh, so JB's customers can continue to enjoy interiors from Fred Flintstone's era.

Costs. Costs. Costs. Make sure you continue to remember you do, and must, work harder for less.

Just saved you 5 minutes.

 

Focus on costs are what Wall Street needs to see from us. I don’t consider that to a negative data point.

I’d also say that delaying aircraft, delaying cabin refresh could point to a merger or some other type of consolidation. We have the dough to do the cabin refresh, and everyone from Robin down knows it needs to happen. I can certainly make a case that this is positioning for the future vs fear to spend $$.

Either way, we are just folks guessing on an anonymous board.

 

It’s not more delays...the delays announced today were already known. Still planning on 6 this year. Also, you must have been super curious since you couldn’t even use Google to get your answer. AA deferring 5 planned 321NEO deliveries into 2020.

https://www.flightglobal.com/news/articles/american-a321neo-deliveries-slide-on-airbus-delays-457732/

Airbus has been transparent about NEO production delays since October of last year.

The 320 interiors are being delayed to support the capacity needed to make up for delayed 321 deliveries. Makes sense to keep aircraft online a bit longer to avoid cancelling routes.

But yeah...the sky is falling...lemonade...GAS meter zero...blah blah blah...

 

Did you not realize I asked if other airlines are taking a similar ***PERCENTAGE*** of delivery delays?

That is VERY different than what you responded with.

Any additional wisdom you'd like to give me?

 

Focusing on costs to please Wall Street is the company's job. The reason they put it in this communication, and the reason they spent 75% of the April 10th party talking about keeping costs low is to lower your overall compensation expectations. IMO.

 

The sky isn’t falling but if any employees are giving one small ounce of extra effort to this place they are ing stupid.

Zero incentive to GAF.


Sent from my iPhone using Tapatalk

 

Isn’t there another thread about sprint and t mobile merging? What I got out of the email and this thread is a for sure merge with ATT... we really aren’t even an airline. We are a cell phone company that happens to fly airplanes.

 

Well, at least you made me laugh... Very funny.

 

That was UAL's CEO's old post merger line..... UAL is a technology company.... with wings!

 

Sure, I’ll do the math for you. According to that article AA will take 12 deliveries this year. If five are being delayed, that would mean 29.4% of their 2019 NEO deliveries are pushed to next year.

The fundamental problem I have with your question is that the answer is in no way relevant to the discussion. These delays are due to ENGINE AND AIRFRAME PRODUCTION DELAYS BY THE MANUFACTURERS. Please explain how this is indicative of the financial or operation health of the customer airlines? The planes just aren’t there. Everyone wants them...just gotta wait.

Aer Lingus had to cancel routes due to production delays.

https://www.google.com/amp/s/amp.independent.ie/life/travel/travel-news/delayed-delivery-of-aer-lingus-aircraft-to-impact-thousands-of-passengers-37876736.html

Hawaiian had to cut routes due to NEO delays.

https://www.google.com/amp/s/www.fool.com/amp/investing/2018/02/26/airbus-a321neo-engine-delays-hawaiian-airlines.aspx

There are plenty of reasons to be critical of the operation but this just isn’t one of them.