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PNWFlyer 03-29-2024 05:37 AM


Originally Posted by Slipstream921 (Post 3786570)
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.

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.

YAKflyer 03-29-2024 09:28 AM


Originally Posted by PNWFlyer (Post 3786619)
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.

bluespoon 03-30-2024 02:43 AM


Originally Posted by sailingfun (Post 3786598)
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?

sailingfun 03-30-2024 03:26 AM


Originally Posted by bluespoon (Post 3786890)
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.

checklist 03-30-2024 06:45 AM

Does anyone have training pay info for 220 DEC? Not in the profile or on their website?

bonvoyage 03-30-2024 01:35 PM


Originally Posted by sailingfun (Post 3786891)
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.

That is because this funding has come from the expense of selling value in the company this time

Wings Level 03-30-2024 02:48 PM

I do have my app in but curious of how is the attrition of late? Are they still getting a fare amount of applicants?

sailingfun 03-30-2024 05:35 PM


Originally Posted by bonvoyage (Post 3787099)
That is because this funding has come from the expense of selling value in the company this time

Not sure what you are saying. Any funding is about selling value. Usually generated when the company goes public. What are the specifics of this latest round of funding?

Slipstream921 03-30-2024 09:15 PM


Originally Posted by bonvoyage (Post 3787099)
That is because this funding has come from the expense of selling value in the company this time

….that is how all fund raising occurs for private companies. The company sells % equity in fundraising rounds (including the first). And reporting to the public is not mandatory for a privately held company. But there are disclosures to the feds that the news typically tracks down, or the company decides to share it.

thrust 03-31-2024 06:07 AM


Originally Posted by sailingfun (Post 3786891)
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.

It’s a “tranche”, not a “trench”.

https://www.merriam-webster.com/dictionary/tranche

Spelling was never your strong suit, was it?


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