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07-28-2021 | 09:25 AM
#51
That/It/Thang
Joined: Aug 2020
Posts: 3,500
Likes: 362
And it’s true. ULCC will be the first ones back to profitability. Guys on the line should be making these statements, it’s factual. It’s the reason we will be growing the next few years while legacy carriers wait for their business travelers to come back.
07-28-2021 | 10:24 AM
#52
Line Holder
Joined: Jan 2018
Posts: 1,839
Likes: 3
The crewmembers on the line implying that NKS is more resistant to downturns due to its model are correct.
07-28-2021 | 12:48 PM
#53
Moderator
Joined: Sep 2017
Posts: 3,202
Likes: 0
From: MEC Chairman, Snack Basket Committee
Hopefully it's both/and in the near term. UAL announced 40 new weekly flights to the UK today. Markets are starting to open back up
07-28-2021 | 01:07 PM
#54
Line Holder
Joined: Sep 2014
Posts: 1,691
Likes: 21
From: 60’s Tech, Right
Did any other airline post a positive ebitda margin?? And, the projected 10-15% for Q3 seems quite bullish, the only other airline that actually published a number for Q3 that I saw was AA (-3 to -7%).
07-28-2021 | 04:06 PM
#55
Line Holder
Joined: Oct 2018
Posts: 210
Likes: 28
07-28-2021 | 06:04 PM
#57
Line Holder
Joined: Apr 2013
Posts: 1,226
Likes: 9
LOL. As much as they love to tout all the BS about being a “Travel Company” their airline is well north of about 95% of all the money they make. It always humored me, when I worked there, how they always acted like the airline was some super small side piece of the operation and just doing it’s cute little thing over here on the side.
07-28-2021 | 07:37 PM
#58
Line Holder
Joined: Jan 2018
Posts: 1,839
Likes: 3
LOL. As much as they love to tout all the BS about being a “Travel Company” their airline is well north of about 95% of all the money they make. It always humored me, when I worked there, how they always acted like the airline was some super small side piece of the operation and just doing it’s cute little thing over here on the side.
I don’t really care either way, but we’re strictly an airline.
07-29-2021 | 02:08 AM
#59
Line Holder
Joined: Oct 2018
Posts: 210
Likes: 28
Well, If it makes any difference the airline portion of the business was the profitable entity. Surprisingly the hotel that’s not complete or the other Mickey Mouse businesses they have weren’t generating as much profit.
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