[Breeze] Airways

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03-28-2024, 09:35 PM

#4801

Slipstream921

New Hire

Joined APC: Oct 2022

Posts: 7

Quote:

Originally Posted by skipster

Hows morale at Breeze at the moment? I am going through the PRIA/background process with class date TBD. From what I understand, could be as late as July. Does the future seem bright? I really want it to work out at Breeze! Also, how long would reserve last at BDL?
Cheers.

I was really skeptical a few months ago on if the company was going to survive. But I feel way better now. I think the C suite is actually really trying to get things moving in the right direction finance wise. They’ve done another round of capital fundraising; and they have a bunch of extra engines that will be available to swap (thanks to the Egypt deal). As more aircraft come online, they’ll be more flying, larger revenue streams and a larger economy of scale. It’s come a long way, and things are trending positive- particularly versus the rest of the issues the industry has had.

03-29-2024, 03:45 AM

#4802

sailingfun

Gets Weekends Off

Joined APC: Feb 2008

Posts: 19,273

Quote:

Originally Posted by Slipstream921

Can you give details on the new fund raising? So far nothing reported on that is available.

03-29-2024, 04:28 AM

#4803

golfandflows

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Joined APC: Jul 2021

Posts: 447

Quote:

Originally Posted by sailingfun

Can you give details on the new fund raising? So far nothing reported on that is available.

aka daddy black rock probably wrote a other check

03-29-2024, 05:37 AM

#4804

PNWFlyer

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Joined APC: Feb 2015

Posts: 986

Quote:

Originally Posted by Slipstream921

Why to you need a bunch of extra engines for brand new aircraft? Swapping engines on a regular basis doesn’t seem like a move in the right direction finance wise.

03-29-2024, 09:28 AM

#4805

YAKflyer

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Joined APC: Jan 2007

Position: 30 West

Posts: 417

Quote:

Originally Posted by PNWFlyer

Why to you need a bunch of extra engines for brand new aircraft? Swapping engines on a regular basis doesn’t seem like a move in the right direction finance wise.

The A220s have P&W gear fan engines and some have big problems. Spirit and others that have these engines also have problems and Spirit will have up to 40 planes grounded by December. As I understand the issues some engines have parts that were made from a defective powered metal recepie that require parts to be replaced and there are also issues with some engines that have bad bearings. The big problem is the MROs are backlogged and an engine may take upwards of a year from the time the engine is removed before it is returned. I guess the egines on the Egypt Air A220s are not in the batch that are effected so Breeze has leased those planes so they will have access to enough engines they wil not have to ground planes for long periods of time. The Egypt Air planes will stay in Egypt while the engenes go to Breeze.

03-30-2024, 02:43 AM

#4806

bluespoon

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Joined APC: Mar 2023

Posts: 248

Quote:

Originally Posted by sailingfun

Can you give details on the new fund raising? So far nothing reported on that is available.

You mean from the One Mile At A Time guy who’s still not convinced Breeze is a real airline?

03-30-2024, 03:26 AM

#4807

sailingfun

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Joined APC: Feb 2008

Posts: 19,273

Quote:

Originally Posted by bluespoon

You mean from the One Mile At A Time guy who’s still not convinced Breeze is a real airline?

Fund raising is generally well reported and often mandatory. The first two trenches of money were reported down to the penny. A poster reported they have a third trench of funding. It's has not been reported. The points guy simply reports form 41 operational data since Breeze refuses to report anything else. It has zero to do with funding. You publish good news and suppress bad news. JetBlue was putting out numbers shortly after starting operations.