AirTran cuts growth

[Ticker]

No surprise...

Last month, Fornaro briefed us (new hire class) that the 10 new 737's for 08 looked like it was going to be more like 6. So, I would surmise the media is a little confused (surprise, surprise). They're selling or giving up "positions" on new jets, not selling planes on property.

Does that sound right?

 

[crxpilot]

I don't believe AAI is going to downsize at all either. The 10% growth in 2008 was the highest growth rate of any airline.

Ahem,,,,,..care to retract that statement?

"

At this time, Allegiant Travel Company provides the following guidance to investors, which are subject to revision:
-- We expect first quarter 2008 year-over-year departure growth of at least 42% and ASM growth of at least 35%. -- We expect second quarter 2008 year-over-year departure growth of at least 35% and ASM growth of at least 25%. -- We expect full year 2008 year-over-year departure growth of at least 35% and ASM growth of at least 30%."http://biz.yahoo.com/prnews/080129/latu186.html?.v=11

 

[humveedriver]

Most of what Joe and now Bob brief new hire, recurrent, and upgrade classes can be heard on the quarterly conference calls. The 4th Quarter call is available at airtran.com under investor relations. If you don't want to listen to all of it, listen to the questions and answers section. It's not scripted and the investor reps ask relevant questions. Bob recently spoke at a conference, and that's there as well. Like someone else said, all this changes in a second good or bad. To summarize some of the call; Oil was 11 dollars a barrel when Bob started with AirTran. Now it fluctuates around 90 dollars. The plan they are discussing is with oil at 90 dollars barrel and no carrier consolidations (mergers). Obviously if there is a reduction in capacity in our markets, or fuel becomes cheaper, growth will resume.

 

[Ticker]

Most of what Joe and now Bob brief new hire, recurrent, and upgrade classes can be heard on the quarterly conference calls. The 4th Quarter call is available at airtran.com under investor relations. If you don't want to listen to all of it, listen to the questions and answers section. It's not scripted and the investor reps ask relevant questions. Bob recently spoke at a conference, and that's there as well. Like someone else said, all this changes in a second good or bad. To summarize some of the call; Oil was 11 dollars a barrel when Bob started with AirTran. Now it fluctuates around 90 dollars. The plan they are discussing is with oil at 90 dollars barrel and no carrier consolidations (mergers). Obviously if there is a reduction in capacity in our markets, or fuel becomes cheaper, growth will resume.

Thanks Humvee...

I didn't know about those call-ins. I'll have to go find it. Our conference call (he couldn't make it in that day) was pretty informative. A lot of well thought out questions. His answers cleared a lot of things up that I'd been wondering. These guys have shown that they know how to weather a storm. We'll eventually get a contract both parties can live with. I'm sleeping well at night knowing it's a pretty safe bet they won't fly our airline into the ground. That's a good feeling.:beer:

 

[tubelcane]

In the conf. call they said we were getting 10 airplanes! Today they say were gonna sell some . WTF over, I had heard that was a rumor in groundschools, why not come clean with the ananlysts?

 

[curtis46]

If i'm not mistaken,they will return A/C# 300 and 301 which are due for heavy check.
As far as the # of A/C we will take delivery,well those predictions will change as the industry and the economy change.we can give them credit to adapt quickly one way or the other.

 

[BILL LUMBERG]

Fam... I would be suprised to see 8-10 year upgrades at AAI. Besides, this industry has a way of flip flopping overnight. If fuel drops overnight or if DAL merges with someone, you can bet AAI will be there to pick up the slack.... We can always dream.

That reminds me of a furloughed Indy Air FO I flew with telling me waaaay back in the day in "Ought Four"...."When United goes out (Read: Bankrupt)...We're gonna OWN Dulles!"

and YES he WAS serious......but way off.......nobody knows what's gonna happen!!!

 

[Bill Nelson]

Maybe Gary Kelly told them he didn't want that many aircraft since he was going to have his hands full with the buyout as it is.

 

[Wesb737fo]

Ahem,,,,,..care to retract that statement?


"

At this time, Allegiant Travel Company provides the following guidance to investors, which are subject to revision:
-- We expect first quarter 2008 year-over-year departure growth of at least 42% and ASM growth of at least 35%. -- We expect second quarter 2008 year-over-year departure growth of at least 35% and ASM growth of at least 25%. -- We expect full year 2008 year-over-year departure growth of at least 35% and ASM growth of at least 30%."http://biz.yahoo.com/prnews/080129/latu186.html?.v=11

If everyone who posts on FI had to retract inaccurate statements, this board would shut down.

 

[curtis46]

Ahem,,,,,..care to retract that statement?


At this time, Allegiant Travel Company provides the following guidance to investors, which are subject to revision:
-- We expect first quarter 2008 year-over-year departure growth of at least 42% and ASM growth of at least 35%. -- We expect second quarter 2008 year-over-year departure growth of at least 35% and ASM growth of at least 25%. -- We expect full year 2008 year-over-year departure growth of at least 35% and ASM growth of at least 30%."http://biz.yahoo.com/prnews/080129/latu186.html?.v=11

If you have 2 airplanes and add 2 more that's 100% growth isn't it?

 

[intooclose]

Touche....


They aren't even a real airline anyway.....right?

 

[RIDETHELIGHTING]

Ahem,,,,,..care to retract that statement?

"

At this time, Allegiant Travel Company provides the following guidance to investors, which are subject to revision:
-- We expect first quarter 2008 year-over-year departure growth of at least 42% and ASM growth of at least 35%. -- We expect second quarter 2008 year-over-year departure growth of at least 35% and ASM growth of at least 25%. -- We expect full year 2008 year-over-year departure growth of at least 35% and ASM growth of at least 30%."http://biz.yahoo.com/prnews/080129/latu186.html?.v=11 [/quot

It sounds like Allegiant isn't growing by airplanes. It sounds like they are going to utilize their fleet more.The artical says departure growth.
But I could be wrong.

 

[Moustache]

Just departure growth, or arrival growth too?
Just departure growth is somewhat grim.

 

[whoknows]

Just departure growth, or arrival growth too?
Just departure growth is somewhat grim.

Why....? Seem like more of a miracle than grim and a cheap way to get aircraft.

 

[Tri-holer]

duplicate post*

That's ok. I had just slowly scrolled past the previous message's avtar and it came up again. NICE