maxblast72
Well-known member
- Joined
- Jun 5, 2006
- Posts
- 931
Got there in time to join Bob and the group of 5 or 6 pilots talking to him after the town hall meeting. Zero growth was our maximum for late 2008 and 2009 with some downsizing possible depending on market conditions.
30 to 60 day out bookings (ie cheap seats) were strong all the way through summer. Close in booking (ie business travelers) he said were weaker. Got the impression that were getting some resistance from travelers at the some of the higher prices/fees. He said something about $5 per seat for advance seat assignment brought in more money than $7.50 since less people did it at the higher amount. It looks like they are still tweaking everything from fares to add ons to see how much money the consumer is willing to cough up. I also asked him how long it takes to catch fares up to latest spike in fuel costs and was surprised when he said it could be up to a year if the fuel prices stay this high.
Other than that, basically what was said above: hunker down as cash is king to ride this through.
30 to 60 day out bookings (ie cheap seats) were strong all the way through summer. Close in booking (ie business travelers) he said were weaker. Got the impression that were getting some resistance from travelers at the some of the higher prices/fees. He said something about $5 per seat for advance seat assignment brought in more money than $7.50 since less people did it at the higher amount. It looks like they are still tweaking everything from fares to add ons to see how much money the consumer is willing to cough up. I also asked him how long it takes to catch fares up to latest spike in fuel costs and was surprised when he said it could be up to a year if the fuel prices stay this high.
Other than that, basically what was said above: hunker down as cash is king to ride this through.
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