Virgin America cutting capacity during Winter, offering leaves

[BuckMurdock1]

Sir, Those are IOUs. 250 thou..might want to hold onto that one

Our word is our bond!

 

[Tomct]

Finally have someone in upper mgmnt that actually knows what he is doing. Funny how everyone says we are shutting the doors...(ahem, you have all been saying that for the last 5 yrs and you are STILL WRONG!), things are going to get a lot better with this new guy and the good news....he is untouchable by the CEO. If we would have kept our original CFO, we would be leaps and bounds ahead of where we are now, but the CEO didn't like being told HOW to do his job...hence, he was sent (to spend more time with his family.)

Profitable 3rd and 4th is looking as good or better. Fix the first losses which is exactly what they are doing and this place will be heading in the right direction. There is PLENTY of money behind this place and we aren't going ANYWHERE!

Sorry to disappoint! And Yes, we have a TON of Hot Female Flight Attendants!! Of course, you ALL know that!

 

[NEDude]

The new route planner was hired directly by the BOD, against the wishes of the CEO, and the result is a lot of head butting. Or so is the word coming out of the triple nickle (HQ). But the route planner has a mandate from the board, and the experience at route planning at a very profitable airline, and he is winning out. The winter cutbacks are his plan, but so is the ramp up come spring time. Again, at least that is the word leaking out of HQ.

 

[UM#1]

What happens if they don't get enough takers on the voluntary leave offers?

They will then set a lower hour cap on the lines.

 

[climbhappy]

Spirit just received alot of good press.....their model seems to work..
40% of revenues from fees.....just like allegiant, if they relied solely on RPMs then they would not be as well off either..

this article to me says it is time to rethink your plan......

i could see a merger with spirit but the the brands are so non compatible, i quickly say ,that wouldn't work....


with 82 mil, they need and angel investor.

 

[Chairman]

Or Rebel Investor....Yep I will take that guy, but we already have him!

 

[NEDude]

Spirit just received alot of good press.....their model seems to work..
40% of revenues from fees.....just like allegiant, if they relied solely on RPMs then they would not be as well off either..

this article to me says it is time to rethink your plan......

i could see a merger with spirit but the the brands are so non compatible, i quickly say ,that wouldn't work....


with 82 mil, they need and angel investor.

I don't think the business plan needs to be reworked, but I do think the route structure needs to be reworked. There have been many missteps and poorly thought out routes. For an airline that is trying to build a following in the California business market to announce consecutive expansions into markets like Cancun, Los Cabos, Puerto Vallarta and Palm Springs, while ignoring places like PHX and DEN is not very smart IMHO. A few years ago the CEO put up a graphic of the most heavily traveled business markets from SFO and LAX and stated that those would be the markets we would be going after. Instead we spent a year going after the specialty leisure markets.

Another giant misstep IMHO was announcing YYZ. Everyone knows that from California YVR is the big market, particularly from LAX. Instead the CEO "went with his gut" and decided to try YYZ.

 

[jonjuan]

Sir, Those are IOUs. 250 thou..might want to hold onto that one

Lololol"........

http://m.youtube.com/index?&desktop_uri=/#/watch?v=7GSXbgfKFWg

 

[jonjuan]

I don't think the business plan needs to be reworked, but I do think the route structure needs to be reworked. There have been many missteps and poorly thought out routes. For an airline that is trying to build a following in the California business market to announce consecutive expansions into markets like Cancun, Los Cabos, Puerto Vallarta and Palm Springs, while ignoring places like PHX and DEN is not very smart IMHO. A few years ago the CEO put up a graphic of the most heavily traveled business markets from SFO and LAX and stated that those would be the markets we would be going after. Instead we spent a year going after the specialty leisure markets.

Another giant misstep IMHO was announcing YYZ. Everyone knows that from California YVR is the big market, particularly from LAX. Instead the CEO "went with his gut" and decided to try YYZ.

Maybe the CEO is a Rush fan?
Sounds like someone needs to toss his resume over to senior management.

 

[redflyer65]

You can add hiring CFO Peter Hunt as another bad move. Don't think that's going to work out too well.

Pulling out of SNA was probably questionable too. I don't see how you don't make money in SNA, it's on the trees there.

 

[Flyer1015]

You can add hiring CFO Peter Hunt as another bad move. Don't think that's going to work out too well.

Pulling out of SNA was probably questionable too. I don't see how you don't make money in SNA, it's on the trees there.

Agreed about CFO. They pulled out of SNA because the financials just weren't there. The matured routes are profitable, and the new entrant markets are projected to be profitable in another 12 months or less.

How's that drunk Randy Babbit thing coming along? I heard he's gonna be the new VP of Employee Relations? That should go well. If there are pi$$ed off Airtran pilots and SWA FOs, they can always join him for a drink! Oh and make sure there's a designated driver.

 

[climbhappy]

hey NE
the story said they have much competition of every route they fly.....so they think the leisure traveler is the way to go?

if you commit to something you have to give it time to work..

how about raising prices?

if you do and your product is better, then they will pay for it.

when i read Baldanza's of spirit airlines comment about their creed, i get the spirit manifesto now....they want to be the LOW price airline, 25% below everybody on base price..

the experts know that people respond to a number even if you whack them with add ons....car salesman made this techinque famous,

 

[redflyer65]

How's that drunk Randy Babbit thing coming along? I heard he's gonna be the new VP of Employee Relations? That should go well. If there are pi$$ed off Airtran pilots and SWA FOs, they can always join him for a drink! Oh and make sure there's a designated driver.

Babbit? Yea, it's going to be horrible here for years! I'm updating my logbook now.

PS - I'm always up for a drink.

 

[B6Busdriver]

How's that drunk Randy Babbit thing coming along? I heard he's gonna be the new VP of Employee Relations? That should go well. If there are pi$$ed off Airtran pilots and SWA FOs, they can always join him for a drink! Oh and make sure there's a designated driver.

Did you write that? That sounds like something from an elementary school playground. Next time be sure to use up your nose with a rubber hose or I'm rubber and you're glue whatever you say bounces off me and sticks to you.

 

[n757st]

Man, Redtail guys are as cocky as Blue pilots were in 2003-2005... the difference being at least jetblue was profitable back then.

Post a profit, improve your pay, and then start throwing dirt at the SWA guys.

 

[Flyer1015]

Sarcasm clearly missed! Why so serious?

 

[NEDude]

hey NE
the story said they have much competition of every route they fly.....so they think the leisure traveler is the way to go?

if you commit to something you have to give it time to work..

how about raising prices?

if you do and your product is better, then they will pay for it.

when i read Baldanza's of spirit airlines comment about their creed, i get the spirit manifesto now....they want to be the LOW price airline, 25% below everybody on base price..

the experts know that people respond to a number even if you whack them with add ons....car salesman made this techinque famous,

I do not think competition is why the company has lost money (according to CEO third quarter was profitable), I think the problem has been poor route planning overall - limited frequencies, odd departure times, etc. Business travelers want and need options, but VX was limiting the options in many markets and had bad departure times.

SNA was not cut strictly for financial reasons, it was cut mostly to free up aircraft to launch YYZ. VX was in line to get a few birds from Air Berlin back in early 2010 when YYZ was announced, which would have supplied the aircraft for YYZ. However the Air Berlin deal fell through leaving limited AC available for YYZ, thus SNA was pulled as it was supposedly a weaker performing city and the company felt more could be made by redeploying aircraft for YYZ.

(The Jazeera aircraft deal was pursued as a result of the failed Air Berlin deal but those aircraft did not start arriving until later in 2010, a few months after YYZ launched)

 

[clickclickboom]

Ne Dude is almost as delusional as the senior check airman that was on our jumpseat a few months back from VA.. He told stories of executive meetings regarding the unlimited revenue potentials, back door revenue funneling into massive future growth even told tales of check airman meetings regarding the addition of the A330 and how it was a " Done Deal" with the manuals being rewritten.


This guy was obviously sniffing glue

 

[Tomct]

Hey Click, just remember he told you that so that when the Wide Body A/C DO show up, you can come back on here and tell us all how "YOU KNEW" way back when.

 

[Flyiguy]

Ne Dude is almost as delusional as the senior check airman that was on our jumpseat a few months back from VA.. He told stories of executive meetings regarding the unlimited revenue potentials, back door revenue funneling into massive future growth even told tales of check airman meetings regarding the addition of the A330 and how it was a " Done Deal" with the manuals being rewritten.


This guy was obviously sniffing glue

Click, I'm calling you out and saying bulls&*t on this story.