meyers9163
Well-known member
- Joined
- Jun 13, 2005
- Posts
- 194
There is no "boom" other than the sound of $150/bbl oil drums and...if you think the Saudis/OPEC were rich when oil was $40/bbl, can you imagine how they are rolling in the cash now?
The above post is correct, but, there is a caveat to it. That is, the 15 airframes RPA has sitting from Frontier as of the end of next week are used for other uplift. If not, I predict pilot furloughs in the 150-200 range in August. I do not believe BB will bleed cash out for those leases/notes/labor costs with those crews on the payroll and no revenue coming in. Look for a solemn letter regretfully announcing furloughs if no uplift is found for those airframes.
I hope I'm wrong, but unless he nails down some extra flying from consolidating code-shares or charters, he will have to set up triage.
T8
You bring up a great point. I wonder about using those E175 for some charter operations? That could be possible in todays market for sure. I dont see getting more flying with everyone cutting back. But if you could get those on with NCAA Division 1 schools for sporting events etc that could be a good thing for ya'll. I mean as well all know a student athlete would fit better in that then xjets E145's.