Frontier Secures Buyer for 4 Airbus Aircraft

[Bavarian Chef]

I was correct by a co-worker....the correct amount of cash in the bank is $170 mil. I guess that should keep us alive for a couple more quarters

All jokes aside -- what is the mood like over there?

Good luck btw.

 

[amt]

Mood is really good, great bunch of people
Just going thru a though phase of high oil price and route re-structure. Eventough we're selling 4 a/c, we'll be receiving a total of 3 A320 this year. HR told us 1 upgrade class and 3 newhire classes in 2008.
Cheers

 

[Bavarian Chef]

Mood is really good, great bunch of people
Just going thru a though phase of high oil price and route re-structure. Eventough we're selling 4 a/c, we'll be receiving a total of 3 A320 this year. HR told us 1 upgrade class and 3 newhire classes in 2008.
Cheers

Thanks.

I just flew with a CA at jb that used to work at Frontier.

 

[StaySeated]

Mood is really good, great bunch of people
Just going thru a though phase of high oil price and route re-structure. Eventough we're selling 4 a/c, we'll be receiving a total of 3 A320 this year. HR told us 1 upgrade class and 3 newhire classes in 2008.
Cheers

Mood is really good? While I will admit alot of people have the "frontier has been through bad times before" attitude, the current situation is like nothing this company has ever experienced before.

As for the aircraft sales and deliveries, we are receiving one more 320 over the next 12 months. Fiscal year 2009 runs April 2008 - March 2009. The company has sold and leased back 5 of the 10 q400 and sold 4 319/318's outright. I wouldn't be surprised if we ran newhire classes, but they will be for attrition, not growth.

I am not a pessimistic/negative person, and I REALLY want this place to survive. However, every Frontier pilot should be in the same "tactical" mode that the company is currently in, cutting cost and saving as much money as possible.

Pay attention to the next quarterly report. The aircraft sell off will help maintain the cash in the bank, but operationally, I wouldn't be surprised to see another $30 million loss.

 

[USMC319]

I am not a pessimistic/negative person, and I REALLY want this place to survive. However, every Frontier pilot should be in the same "tactical" mode that the company is currently in, cutting cost and saving as much money as possible.

I think that advice is appropriate for any airline pilot in the industry, especially the bottom 20% of every seniority list out there. Two airlines have ceased operations today and there will be others to come. Will F9 make it? Who knows, but they are doing everything they can to survive long-term and they have the right management in place to do it. A great product, excellent motivated employees, a new aircraft fleet, and some of the lowest costs in the industry doesn't guarantee anything anymore.

 

[Lebowski]

Two airlines have ceased operations today and there will be others to come.

Okay, I'll bite. Besides Aloha, who was the other airline that ceased operations today?

 

[cargoflyr69]

Champion

 

[Lebowski]

Champion

Ouch. Rough day.

 

[Bavarian Chef]

3 airplanes is an "airline"?

 

[Cardinal]

Champion had 16.

A guy on Airliners says 909, 917, 801, and 804 will be speaking Russian.

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