Jetblue

[SAABaroowski]

At $70/hour in year 3, you won't need to.
Problem you'll have, vis-a-vis your new company is that the Legacy's will no longer let the "next SWA" survive. For them, they will step on the neck of the LLCs with regional jets and capacity dumps. I wouldn't go out and get a mortgage based on a projected 5 year upgrade if I were you.

Three years from now I'll be at $84/hr and my wife and I bought our home 3 years ago , but I appreciate your concern. It will certainly be interesting the next few years at Spirit but the alternative was JetBlue or stay at Expressjet, I am comfortable with my move and only time will tell if I made the right decision. Fortunately I married way out of my league and my family and I would be just find with my wife's salary. I may be taking a risk, but that's life.

The point I was trying to make (to anyone interested in JBlue) is enjoy the opportunity Jetblue has to offer and roll with the punches. We are all just along for the ride. Don't let the Internet tough guys sway you one way or another. just because they live a miserable existence doesn't mean you need to

 

[jonjuan]

Three years from now I'll be at $84/hr and my wife and I bought our home 3 years ago , but I appreciate your concern. It will certainly be interesting the next few years at Spirit but the alternative was JetBlue or stay at Expressjet, I am comfortable with my move and only time will tell if I made the right decision. Fortunately I married way out of my league and my family and I would be just find with my wife's salary. I may be taking a risk, but that's life.

The point I was trying to make (to anyone interested in JBlue) is enjoy the opportunity Jetblue has to offer and roll with the punches. We are all just along for the ride. Don't let the Internet tough guys sway you one way or another. just because they live a miserable existence doesn't mean you need to

Well good deal having a sugar momma then. There's not too many pilots who have that. Funny you say in this post that you would be happy with your wife's salary, but in another thread you say that we should be happy with what we make as money only buys sh1t.

 

[xjhawk]

You are right, it is very risky marrying out of ones league! lol Great post

 

[jonjuan]

You are right, it is very risky marrying out of ones league! lol Great post

Yep- as they say if your Father's poor, it's fate. If your Father-in-Law's poor, it's stupidity.

 

[flyboyike]

Yep- as they say if your Father's poor, it's fate. If your Father-in-Law's poor, it's stupidity.

Classic!

 

[Andy]

At $70/hour in year 3, you won't need to.
Problem you'll have, vis-a-vis your new company is that the Legacy's will no longer let the "next SWA" survive. For them, they will step on the neck of the LLCs with regional jets and capacity dumps. I wouldn't go out and get a mortgage based on a projected 5 year upgrade if I were you.

My understanding is that SAABaroowski has accepted a job at NK. Both NK and G4 are what I'd classify as ULCCs. NK moreso than G4. I haven't looked at 2012 numbers but NK had the lowest CASM in the industry for 2010 and 2011, while also having the second lowest RASM. They have also grown slowly so they've got a lot of cash on hand; in excess of $400M.
I think that Baldanza (NK's CEO) put it best when asked which airlines he considered his competition. He said something like, 'none. Greyhound's our competition'. NK transports the backpack/flipflop crowd that uses a Hefty trash bag for luggage. While there's some money to be made there if you have a low CASM, NK's RASM is below all other airlines' CASM. Basically, the average NK passenger is a loss for every other carrier, including G4.

VX chose to go after legacy high revenue passengers, including tapping into GDS. Talk about painting a big red target on your back. There have been a few other startups in recent history that have gone after the high yield passenger and all of them have gone chap 7 (short list: Eos, Maxjet, Legend).

Unless NK strays out of its niche, I don't see them as a target for the legacies in the near future.