Jetblue looses 7.0 M

[hockeypilot44]

I do not understand why pilots on this board cannot comprehend the difference between loose and lose.

 

[Skank]

Yes they are!

Setting the world on fire too!

Jumping in and out of markets, returning/selling planes, canceling the construction of the Orlando training center, stock at 4 bucks and falling, executives leaving to form alter-ego airlines, losing money, pissed off pilots forming union, other airlines adding more and more flights to JFK.....

Impressive. Sounds like a crappy "legacy" airline.

At least the pilots are still picking up trash in the cabin, so People Express Part 2 still has that going for them.

Who shat in your wheaties?

 

[Skank]

I do not understand why pilots on this board cannot comprehend the difference between loose and lose.

Yeah, and sh!t and shat, too (two, to, choose your favorite misspelling).

 

[say again]

I do not understand why pilots on this board cannot comprehend the difference between loose and lose.

I can't understand why every pilot has to bring it up!!:smash:

 

[spinproof]

Actually not bad considering the present environment! Only thing I see here is a mistake in not using the DAL accounting methodology. In which case the results would show a 1Billion profit!

 

[WSurf]

Believe it or not, hell congrats on not losing more money.

Sad when you can still feel kinda good about losing money.

 

[jetjock6]

Only 7 million? There going to have to lose a lot more than that if they want to be considered a real airline.

 

[lowecur]

Yep. Here it is:
Effective Sept. 3, 2008, we will cease operations at ONT. It was a very hard decision to stop serving ONT as it was the first West Coast destination for our company. However, the TransCon flights are extremely vulnerable to the cost of fuel and fares simply have not risen enough to cover the cost of fuel in our original West Coast market. In addition to JFK-ONT service, we are also ceasing service between BOS-SFO and BOS-SJC at this time.

Further, we are making seasonal reductions in service in the following markets: JFK-SMF and IAD-BUR, IAD-LAS and IAD-SAN.

3rd Q is traditionally their worst. SYR-FLL reduced to 4 per week starting Sept. Looks like quite a few planes will be parked on the ramp till Thanksgiving, just to save $$$.

Route planners will be busy looking at where to move the chess pieces around as capacity reductions take place around the country. LAX is headed toward a 16% reduction and I also think similar cuts at ORD are in the cards. What the hell good does all that do for competitors if these carriers are allowed to tie up gate space until things turn around. These airports need to enforce usage minimums to elevate their landing fees and other revenue producers or these airports will be in trouble shortly.

Oil cost reductions have sent the stocks through the stratosphere today. Looks like we could have a trading range around $100-120 before Aug 15th if this continues. Some are predicting $80 oil after hurricane season, which will give all the carriers needed cash infusions to maintain for the next few years. Spirit and Frontier will continue to hang by a thread, but they could survive if the economy stays in the tank for a few years, and if other carriers continue to understand domestic capacity reductions are good for everyone.

I think oil will continue to trade in the $80-100 bbl as long as the world economy stays in the tank. Auto Mfgs may have second thoughts about abandoning the high margin SUV/Truck markets in favor of economical small vehicles. This would be a mistake, as once the world economy heats up (3-7 yrs), they will be right back to square one.

Let's hope our politicians get an energy program going quickly. This will be a small window to take advantage of a bridge to energy change until new technologies can be brought online economically. Pickens program definitely has merit, and I like the fact that $$$ will be going to American Companies in lieu of foreign.

imp: ​

 

[BLUE BAYOU]

I thought I'd never say this, but lowecur, nice and thoughtful post!

 

[FLYLOW22]

Yeah, and sh!t and shat, too (two, to, choose your favorite misspelling).

Just like German.

Der, Die, das.

$hit, Shat, $hite.