Add EOS to the list...

[johnsonrod]

It appears that their break-even LF was somewhere above 48.

Another stupid business model bites the dust.

The best business models are recession proof. With that said, it is difficult to become recession proof when you have low-volume seating (48 seats). Let's hope the business school case-study writers are recording this as a warning to future EOS managers out there... I am sure there are some very upset investors out there.

 

[JJET44]

I just thought that;
was way too gloomy not to mention an irrational prediction....especially the part about "2 maybe 3 cargo carriers".

Whatever dude!
Just sit back and see what side of the window your on in a few years.

 

[CitationUltra]

in boom times, all the stupidity comes out. money is free and cheap. stupid sells and survives... EOS was an idea not really stupid, but grossly limited in terms of their market. Midway had a great market and loyal customers, but when recession struck, they too saw the reality of a bloated cost structure and being too small too to generate enough cash to survive.

these ideas never make it when the levee breaks.

conversly, airtran, is big enough, in my view and Midwest is not. allegiant can make it since they compete with no one in the markets they serve. No sooner than they had pulle out of GSO and SX had quit, they came back in. they are different in their approach which is why they will make it...I would be shocked if allegiant filed.

Good point, all.

I too think Allegiant has a good chance if it keeps costs genuinely down.

 

[Fubijaakr]

Good point, all.

I too think Allegiant has a good chance if it keeps costs genuinely down.

Please. Do you even remember National Airlines?

 

[CitationUltra]

The best business models are recession proof. With that said, it is difficult to become recession proof when you have low-volume seating (48 seats). Let's hope the business school case-study writers are recording this as a warning to future EOS managers out there... I am sure there are some very upset investors out there.

Caveat Emptor should apply to investors too!

 

[CitationUltra]

Please. Do you even remember National Airlines?

Ah, but National Airlines was a "Low Cost" airline that wasn't really low cost. Plus they had a model entirely too predicated on niche service that they were obligated to provide, due to their investors, and...etc., etc.

 

[AKAAB]

We just brought an EOS flight attendant home from JFK to FLL. She was in tears the whole way home. Very sad, indeed.

Good luck, everyone. The world will turn and fortunes will improve.

 

[waka]

Whatever dude!
Just sit back and see what side of the window your on in a few years.

Whatever Chicken Little! Either cut down on the Art Bell shows or just keep your tin foil hat on and march around curbside wearing your "The End is Near" sandwich board. That'll keep you safe! While you're still on your silly little "the sky is falling" crusade, most of the rest of us will take care of flying the airplanes for a living.