EXPLAINING OUR VIEWS ON TOO MUCH CAPACITY TOO MUCH SEAT CAPACITY OR THE WRONG SEAT CAPACITY MIX? WHETHER ASMs OR DEPARTED SEATS ARE THE MEASURE, EACH POINTS TO A DOMESTIC INDUSTRY WITH TOO MUCH CAPACITY. and 2019 IS NOT THE RIGHT BASELINE BENCHMARK Swelbar-Zhong Consultancy PREAMBLE The first version of this paper was made available to the public on July 7, 2024. Like in the past, it focused on the relationship between the change in the Gross Domestic Product (GDP) and the change in Domestic Available Seat Miles (ASMs) between 2010 – 2023 within the eras of capacity deployment
EXPLAINING OUR VIEWS ON TOO MUCH CAPACITY TOO MUCH SEAT CAPACITY OR THE WRONG SEAT CAPACITY MIX? WHETHER ASMs OR DEPARTED SEATS ARE THE MEASURE,
2019 IS NOT THE RIGHT BASELINE BENCHMARK EITHER Note: 2q’2024 earnings calls begin this week; airline stocks were hit hard on July 5, 2024; blaming the OEMs (thinking they might be the savior for some) is not the only reason that airlines are cutting capacity and revising down revenue estimates; SkyWest’s market capitalization is 18% greater than the sum total of Allegiant, Frontier, Spirit, and Sun Country; remember when everyone believed that Frontier + Spirit = Juggernaut, the market cap of the combination is $1.4B; and how was the play Mrs. Lincoln? This has been a work in progress over
2019 IS NOT THE RIGHT BASELINE BENCHMARK EITHER Note: 2q'2024 earnings calls begin this week; airline stocks were hit hard on July 5, 2024; blaming
The iconic Rolling Stones song has many interpretations as to its meaning. All the way from worshiping the devil, to a role reversal in a male-female relationship, to suppression of individuality according to The Socratic Method. Over the last day or so I have been thinking about the number of happenings within the U.S. airline industry involving change agents and airlines. I was thinking about a role reversal and now it seems that change agents/banks have airlines under their thumb. Today, June 12, 2024, most applications of the bankruptcy code are not the same tools that they were in 2005.
The iconic Rolling Stones song has many interpretations as to its meaning. All the way from worshiping the devil, to a role reversal in a
Or has my airline been too slow to respond? Or … I am finally getting around to writing the first post on my new blog site. Writing anything before now has not been for a lack of want but rather to write I must feel it. And I have not been feeling it. But after weeks of – if someone does not win the game must be rigged, the one piece I always intended to lead with was Spirit CEO Ted Christie calling the U.S. airline industry a rigged game that only favors the Big 4 (American, Delta, United, and
Or has my airline been too slow to respond? Or … I am finally getting around to writing the first post on my new blog
#SmallerCommunityAirServiceDevelopment Yesterday's headline in the Lincoln Journal Star read: "Some sparks fly, but Lincoln Airport Authority board gives director a vote of confidence".
#AIRPORTDIRECTOR(S) UNDER ATTACK... “Commissioner calls for city’s airport head to be fired.” The above titled a March 2, 2024, article in the Lincoln
1. So happy that jetBlue can re-think going forward without being burdened with the debt load. 2. A debt load associated with overpaying
765: Number of days between Frontier's initial offer for Spirit and the day the #jetBlueSpiritMerger was terminated. $6.6B: The decrease in the market
#ChristineBoynton writing for #AviationDaily and #aviationweek 8 days ago produced a really good piece on "The Return Of An Icahn". I like when
While still numb from the outright rejection by DOJ of the jetBlue - Spirit combination, I thought it might be fun to follow
