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Originally Posted by afterburn81
(Post 3717644)
And Allegiant is supposedly hurting financially. Think they are putting too much weight on the success of this already implored method. Americans are mad cheap and want things like customer service and transparency.
Q2 earnings = 19% profit margin I don't know of any other airline with higher margins and you say they are hurting? Q3 earnings aren't out yet, will be released Thursday. |
Originally Posted by GPullR
(Post 3717946)
Doesn't matter if it's for different reasons if neither company can come close to making a profit. Now you are going to merge with billions in merger expenses ?? How on earth do you think this model will make money?? A giant JetBlue that hasn't been profitable for a long time.
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Originally Posted by Bluedriver
(Post 3717956)
You said JB and NK were in the same boat... They are not, they are in very different boats. Both boats may be taking on water at the moment, but for different reasons. The JB reasons can be solved, in my opinion, that's why it "matters".
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Originally Posted by GPullR
(Post 3718005)
Maybe by firing the entire management starting with the CEO. Besides that what are you going to do?? They've been going downhill for many years in terms of money.
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Originally Posted by GPullR
(Post 3717946)
Doesn't matter if it's for different reasons if neither company can come close to making a profit. Now you are going to merge with billions in merger expenses ?? How on earth do you think this model will make money?? A giant JetBlue that hasn't been profitable for a long time.
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Originally Posted by Noisecanceller
(Post 3717839)
Why are you so drunk on the ULCC koolaide? It’s a garbage product that customers love to hate as much as the DMV. Its success depends upon finding an endless number of passengers to anger and you and every other employee making less than their peers. It’s in the definition. Ultra Low Cost. Airbus isn’t cutting is a deal. The oil company isn’t cutting us a deal. That cost savings only comes in the form of efficiency (southwest) but we have incompetent management, and savings on labor.
Often travelers pay more to park their car at the airport or at the hotel at their destination or their dinner than they did for the ticket price quoted. That alone gives people pause when considering their fate in planning their trip. |
Originally Posted by Bitcoin
(Post 3717949)
Q1 earnings = 15% profit margin
Q2 earnings = 19% profit margin I don't know of any other airline with higher margins and you say they are hurting? Q3 earnings aren't out yet, will be released Thursday. B. Are you saying the ULCC model CAN work? Just not on Tuesdays and Saturdays. Shhhh don’t let that get out in that B6/NK hearing. |
Originally Posted by afterburn81
(Post 3718500)
B. Are you saying the ULCC model CAN work? Just not on Tuesdays and Saturdays. Shhhh don’t let that get out in that B6/NK hearing.
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Originally Posted by afterburn81
(Post 3718500)
A. My bad. I usually don’t directly regurgitate what unverified sources say to me. Seemed legit. He’d mentioned aircraft being parked due to low demand.
B. Are you saying the ULCC model CAN work? Just not on Tuesdays and Saturdays. Shhhh don’t let that get out in that B6/NK hearing. And even with F9s operation being as bad as it has been they are currently still profitable this year albeit no where near Allegiant margins. |
Originally Posted by Stayontarget
(Post 3718510)
And even with F9s operation being as bad as it has been they are currently still profitable this year albeit no where near Allegiant margins.
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