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beytzim said:All majors (other than SWA,JB etc.) will have 50,70-seat RJs flying all domestic flights 3 hours or less.
beytzim said:Guys and Gals, fellow professionals:
The future is so clear. I wish some of you would snap into reality and realize it's right in front of you.
Simple. All majors (other than SWA,JB etc.) will have 50,70-seat RJs flying all domestic flights 3 hours or less.
Intruder One said:Uh........I don't think so,to be a major you have to have one billion in yearly sales ,you have along way to go......but keep on dreaming!
Jeff G said:Last quarter, JBLU brought in $165.261M in revenue, with an average of 28.4 aircraft. That comes out to $5.819M per aircraft for the quarter. Let's be conservative and say that in the future each aircraft will only bring in $5M per quarter, or $20M a year.
JetBlue will have 50 aircraft by the end of next year, a little more than 12 months off. 50 x $20M = $1000M in revenue = major airline status.
That's in a little more than a year. "Along way to go" indeed. JetBlue will achieve major airline status sometime in 2004, at the latest.
NYRANGERS said:Congratulations Jeff. It still seems a little silly to call an airline with only 50 airplanes a major. But those are the rules.
Hopefully Fresh Air (or whatever the hell they are going to call the new Delta LCC) will cut into some of your market share.
Jeff G said:It's not the size that matters, but how you use it.
Market share? Who cares about market share? You can have 1% of the market and make money, or 80% of the market and lose money.
Go ahead and add flights. The marketplace will respond. Probably what will happen is that more people will fly, DAL will get a larger share, but JetBlue won't lose any passengers since the pie got larger. Of course, it remains to be seen if DAL makes a dime with the new service, and we already know JetBlue makes money from it.
Good luck.
Jeff, I know you were like me. You sent out applications to many airlines and you ended up at JB. I don't blame you for defending your airline on all the various message boards you post on. But you come off alot different than you did at PSA.
With all due respect to the Enron style math formula for making JB a major by 2004, don't forget that the DOT defines a major airline (passenger category) as one that has one billion dollars in revenue AND one million embarked passengers per year. Somehow I doubt fifty 162 seat jets can fly enough for that, even if you could generate the revenue stream for the billion. But I could be wrong.......