Spirit liquidation rumored this week
#61
Looks like they are meeting with Government next week looking for a lil help.
https://theaircurrent.com/airlines/s...lout-dot-fuel/
https://theaircurrent.com/airlines/s...lout-dot-fuel/
#62
On Reserve
Joined: Dec 2005
Posts: 131
Likes: 8
From: CA
Thats not even a new thing. Robert Crandall invented “yield management” in the 80s when the legacies faced the exact same set of circumstances from the likes of New York Air, People Express, Air Florida and the like.
AA was a huge innovator in data crunching, and had one of the very first computerized
reservation systems, and was able to very effectively parse that data to manage inventory of very low fares in response. Their methods drove the low cost carriers to the brink of extinction. Not quite all the way, as People Express was bought by Continental, and UALs EWR operation is the direct descendant.
The question as to why this lesson had to be re-learned by the majors is the big mystery.
AA was a huge innovator in data crunching, and had one of the very first computerized
reservation systems, and was able to very effectively parse that data to manage inventory of very low fares in response. Their methods drove the low cost carriers to the brink of extinction. Not quite all the way, as People Express was bought by Continental, and UALs EWR operation is the direct descendant.
The question as to why this lesson had to be re-learned by the majors is the big mystery.
#63
Gets Weekends Off
Joined: Jul 2008
Posts: 5,573
Likes: 310
#64
Line Holder
Joined: Sep 2021
Posts: 244
Likes: 66
Look, as someone that left 12 years of NK seniority behind, I want to believe that it will turn around for them. It was a great place to work. I'll never have an aviation job that good again.
The truth of the matter is the airline hasn't turned a profit in 7
years. At some point something is gonna give, and that give is an unnecessary war in Iran that's driving Jet A prices to an unsustainable level for an airline going through bankruptcy for the second time in as many years. This airline has now been screwed by back to back administrations.
The truth of the matter is the airline hasn't turned a profit in 7
years. At some point something is gonna give, and that give is an unnecessary war in Iran that's driving Jet A prices to an unsustainable level for an airline going through bankruptcy for the second time in as many years. This airline has now been screwed by back to back administrations.
#66
Line Holder
Joined: Mar 2023
Posts: 318
Likes: 21
Looks like they are meeting with Government next week looking for a lil help.
https://theaircurrent.com/airlines/s...lout-dot-fuel/
https://theaircurrent.com/airlines/s...lout-dot-fuel/
#67
On Reserve
Joined: Jul 2023
Posts: 49
Likes: 17
F9,JBU,NK? 🤔 idk. They’re all heading to DC next week.
the low cost sector is fundamentally broken. Something pretty big is getting set up. So much news and rumblings coming out that more consolidation is coming down the pike.
#68
In a land of unicorns
Joined: Apr 2014
Posts: 7,041
Likes: 59
From: Whale FO
#69
Looks like they are meeting with Government next week looking for a lil help.
https://theaircurrent.com/airlines/s...lout-dot-fuel/
https://theaircurrent.com/airlines/s...lout-dot-fuel/
#70
Gets Weekends Off
Joined: Mar 2014
Posts: 4,109
Likes: 290
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