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[Breeze] Airways

Old 08-04-2023, 06:56 PM
  #4241  
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https://onemileatatime.com/news/bree...-losing-money/

In Q1 2022, the airline had revenue of $17,194,380 and expenses of $38,221,230, for a loss of $21,026,850, and an operating margin of -122%
In Q2 2022, the airline had revenue of $28,113,070 and expenses of $64,617,250, for a loss of $36,504,180, and an operating margin of -130%
In Q3 2022, the airline had revenue of $34,470,200 and expenses of $72,366,360, for a loss of $37,896,160, and an operating margin of -110%
In Q4 2022, the airline had revenue of $55,574,110 and expenses of $86,233,630, for a loss of $30,659,520, and an operating margin of -55%
In Q1 2023, the airline had revenue of $67,378,610 and expenses of $115,400,500, for a loss of $48,021,890, and an operating margin of -71%
Admittedly it takes some time for an airline to establish itself, and itís expected that an airline will lose money for some amount of time after launch. Thatís one of the reasons the airline raised over $300 million in capital to launch operations. By my math, the airline had an operational loss of around $175 million over the course of five quarters, which is a lot. That means the carrier has burned through nearly two-third of its startup capital in those quarters alone.
What's the feeling from the line guys? Is management seeming confident in their strategy?

I'd hope Neileman has some extra gas in the tank to continue on this path for everyone's sake on board.
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Old 08-04-2023, 10:30 PM
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Originally Posted by unstabilized View Post
https://onemileatatime.com/news/bree...-losing-money/



What's the feeling from the line guys? Is management seeming confident in their strategy?

I'd hope Neileman has some extra gas in the tank to continue on this path for everyone's sake on board.
They are probably coping, and convincing themselves Breeze is still the right move
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Old 08-05-2023, 09:39 AM
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Originally Posted by Jdub2 View Post
They are probably coping, and convincing themselves Breeze is still the right move
At least we haven’t had to wear the double breasted suit. With matching hats. If breeze goes away, so be it. The experience of being at a national startup and building the brand with everyone has been pretty cool. Hope they can keep it going!
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Old 08-07-2023, 03:59 PM
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Originally Posted by bluespoon View Post
At least we havenít had to wear the double breasted suit. With matching hats. If breeze goes away, so be it. The experience of being at a national startup and building the brand with everyone has been pretty cool. Hope they can keep it going!
lol wut ?!
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Old 08-07-2023, 07:56 PM
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Originally Posted by CLE to IAH View Post
lol wut ?!
Allow me to translate:

Itís much better to be at a cool and hip start up as long as we donít have to put up with wearing double-breasted blazers and hats no matter the fact that Deltaís contract is infinitely better than Breezeís (and for that matter my airlineís).

🔥👇
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Old 08-21-2023, 10:10 AM
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Any thoughts on a potential buyout by American? Lots of rumblings rolling around in the pilot group.

Word on the street is:

- Management pilots have showcased the A220 to American at least once in the last 6 months.
- American is looking to replace it's AW A319 fleet (130+ Aircraft)

With 220 orders being backed up, I would assume Breeze's 100+ deep order queue is attractive to someone out there.

For the longest time, folks thought DL would want to buy Breeze for the 220, but it looks like they are going directly to Airbus.
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Old 08-21-2023, 10:34 AM
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Originally Posted by leftapproved View Post
Any thoughts on a potential buyout by American? Lots of rumblings rolling around in the pilot group.

Word on the street is:

- Management pilots have showcased the A220 to American at least once in the last 6 months.
- American is looking to replace it's AW A319 fleet (130+ Aircraft)

With 220 orders being backed up, I would assume Breeze's 100+ deep order queue is attractive to someone out there.

For the longest time, folks thought DL would want to buy Breeze for the 220, but it looks like they are going directly to Airbus.
Hmm. That sounds like the unfounded B6 rumors a couple of years ago that United would buy them.

Some Breeze pilot who probably lives in an AMR hub was doing some wishful thinking during cruise and the other pilot turned it into a rumor that AMR's buying Breeze. This seems highly unlikely, as Breeze's financial future is murky.

If you want to fly for American, put in your app. They're likely to hire you fairly quickly. And you'd likely have a much better seniority number, as American could staple the entire Breeze list. APA has a long and distinguished record of pulling out a big stapler.
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Old 08-21-2023, 11:25 AM
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Itís just someone bored on reserve folks, nothing to see here. Thatís just what we need, from left seat at Breeze to right seat 737 listening to an old crusty AMR Captain talking about the good ol days
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Old 08-21-2023, 12:20 PM
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Originally Posted by Andy View Post
Hmm. That sounds like the unfounded B6 rumors a couple of years ago that United would buy them.

Some Breeze pilot who probably lives in an AMR hub was doing some wishful thinking during cruise and the other pilot turned it into a rumor that AMR's buying Breeze. This seems highly unlikely, as Breeze's financial future is murky.

If you want to fly for American, put in your app. They're likely to hire you fairly quickly. And you'd likely have a much better seniority number, as American could staple the entire Breeze list. APA has a long and distinguished record of pulling out a big stapler.
You're not wrong here. Although, wouldn't Breezes' murky financial future support some sort of buyout? At some point, investors aren't going to pump more capital into the airline. If the price is right, they'll sell. Now obviously AA doesn't care about the Breeze route structure - likely just the fleet. MAYBE the pilots. That being said, eliminating Breeze from the east coast would likely flood a few hundred thousand travelers back through major hubs.

Food for thought. Forum was silent.
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Old 08-21-2023, 02:50 PM
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Originally Posted by bluespoon View Post
Itís just someone bored on reserve folks, nothing to see here. Thatís just what we need, from left seat at Breeze to right seat 737 listening to an old crusty AMR Captain talking about the good ol days
If Breeze does not pull off a financial miracle it will end up being no seat. The losses are unsustainable even to deep picket investors.
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