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Independence Air-the End Is Near?  
User currently offlineIADPax From United States of America, joined Jan 2005, 18 posts, RR: 0
Posted (9 years 7 months 1 week 5 days 5 hours ago) and read 12081 times:

Flyi stock closed at an all-time low of $.96 today. The May 1 schedule shows FOUR A319's plus four CRJ's daily to CLT. This is two weeks after announcing that 319 service to CLT would begin June 1 with three flights daily. Four 319's and four CRJ's to CLT, I don't think so . . . Can someone explain to me how they are going to fill those flights? It reminds me of when they started, what was the frequency to RDU? 17 CRJ's daily?

128 replies: All unread, showing first 25:
 
User currently offline727LOVER From United States of America, joined Oct 2001, 6555 posts, RR: 20
Reply 1, posted (9 years 7 months 1 week 5 days 5 hours ago) and read 12034 times:

So this whole END IS NEAR thread is based on their CLT schedule???????  Yeah sure


Listen Betty, don't start up with your 'White Zone' s*** again.
User currently offlineFLAIRPORT From , joined Dec 1969, posts, RR:
Reply 2, posted (9 years 7 months 1 week 5 days 5 hours ago) and read 12028 times:

I hear CLT is their best market. So, maybe sales are so good that they needed to justify it with some A319s?

The end is not near for Indy, their loads are improving and the A319s are probably helping with the CASMs.

[Edited 2005-04-16 03:09:32]

User currently offlineGsoflyer From United States of America, joined May 2001, 1093 posts, RR: 1
Reply 3, posted (9 years 7 months 1 week 5 days 5 hours ago) and read 12013 times:

Maybe they are utilizing the planes to get pilot and aircraft hours while waiting for gate leases in the west.

I mean, come on, Indy is pulling in good load averages.


User currently offlineJacobin777 From United States of America, joined Sep 2004, 14968 posts, RR: 59
Reply 4, posted (9 years 7 months 1 week 5 days 5 hours ago) and read 11951 times:

Quoting Gsoflyer (Reply 3):

I mean, come on, Indy is pulling in good load averages.

but loads does not = yields.....if they are losing money on each flight, what good is it even if the flights are full? I think "The Street" (Wall St.) is looking for Indy to file for chapter 11 soon (judging from the stock price of flyi)...........this is one airline that might not survive in the near future...........there is still too much OVERCAPACITY!!!



"Up the Irons!"
User currently offlineJdaniel001 From , joined Dec 1969, posts, RR:
Reply 5, posted (9 years 7 months 1 week 5 days 5 hours ago) and read 11885 times:

Does anyone know why the stock closed so low? Did they file any documents witht he SEC today? Their internal auditor suggested filing in September, but not now. This is very interesting. And the reason they are adding capacity to CLT is to try to build revenue. They are doing whatever it takes to build cash at this point.

User currently offlineIADPax From United States of America, joined Jan 2005, 18 posts, RR: 0
Reply 6, posted (9 years 7 months 1 week 5 days 5 hours ago) and read 11859 times:

I don't disagree that their loads are good to CLT but they are not filling all seven CRJ's now. How are they going to fill four 319's and four CRJs? I'm just looking for an explanation; they issued a press release on March 29th announcing three A319s to CLT on June 1 and less than two weeks later the scheduled is changed to four 319s effective May 1. What happened in those two weeks? Advance bookings to Florida drop like a rock after April? They didn't know this?

User currently offlineFrequentflykid From United States of America, joined Nov 2001, 1206 posts, RR: 1
Reply 7, posted (9 years 7 months 1 week 5 days 4 hours ago) and read 11823 times:

Well I undestand that $0.96 per share is low, but you had to consider that the stock market hit a 2005 low today. Let's not write them off yet. Although the above post regarding overcapacity is an understatement.

User currently offlineLaxintl From United States of America, joined May 2000, 26010 posts, RR: 50
Reply 8, posted (9 years 7 months 1 week 5 days 4 hours ago) and read 11799 times:

Quoting Jdaniel001 (Reply 5):
Does anyone know why the stock closed so low?

Well today was a terrible day on the market. However having said that several airlines including AA, DL and Jetblue actually gained today in the midst of the sell off.

I think overall however the market is positioning the flyi stock in preparation for what is expected to be terrible first quarter earnings. Most analyst expect this years numbers to be much worse then the 1st quarter of 2004. Also afterall the company has like -50% operating margin, and precious little cash on hand.

The only recent real inside news this week was the company has its pilot union to consider paycuts and have the company stop funding their 401k program.

If anything a consistently low stock price under $1.00 will lead to the company getting delisted off the exchange.



From the desert to the sea, to all of Southern California
User currently offlineJdaniel001 From , joined Dec 1969, posts, RR:
Reply 9, posted (9 years 7 months 1 week 5 days 4 hours ago) and read 11775 times:

Well I did some checking. It looks like DH new the loads to Florida were going to drop. Also they have the aircraft on hand by May 1st to start the west coast service (LAX, SFO, etc.). So it looks like the reduction in flights to Florida does not equal the same amount of flying to the west, so they had an opportunity to put additional Airbus flying somewhere and CLT probably fit the best.

User currently offlineFutureFO From Ireland, joined Oct 2001, 3132 posts, RR: 21
Reply 10, posted (9 years 7 months 1 week 4 days 23 hours ago) and read 11452 times:

Well lets see, an offering of $49 o/w to LAS and MCO does not equal profit. It is bound to happen that ACA will go the way of the Dodo here soon. They are pretty much looking at the future of N7,TW,and even now UA/US. Get your ACA items now as they will one day be collectors items.


Sean from MCO and MKE



I Don't know where I am anymore
User currently offlineCRJ900 From Norway, joined Jun 2004, 2217 posts, RR: 1
Reply 11, posted (9 years 7 months 1 week 4 days 19 hours ago) and read 11334 times:
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According to Flight International 5-11 April 2005, FlyI has 83 CRJ200s flying with another 34 CRJ200s on order. If the CRJs are no longer the preferred aircraft (expensive to operate, pax dissatisfaction etc), then what will FlyI do with the CRJs on order? 34 aircraft ain't exactly nothin' to just dump somewhere...

Would FlyI be better off converting the CRJ200 order into, say, 20 CRJ701s instead?



Come, fly the prevailing winds with me
User currently offlineCRJ900 From Norway, joined Jun 2004, 2217 posts, RR: 1
Reply 12, posted (9 years 7 months 1 week 4 days 19 hours ago) and read 11300 times:
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How many FAs are needed on a transcon A319 flight with an LCC? Doesn't Frontier and FlyI have 132 seats in their A319s? Do they only have 3 FAs or do they add a fourth to comply with any rest/break requirements?


Come, fly the prevailing winds with me
User currently offlineJBLUA320 From United States of America, joined May 2002, 3179 posts, RR: 19
Reply 13, posted (9 years 7 months 1 week 4 days 19 hours ago) and read 11287 times:
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I wish you Indy bashers would take your negative attitude and stifle it. Fares (and therefore yields) are increasing on the older routes, such as EWR-IAD and IAD-GSO, two flights which I took yesterday (Friday 4/15) at a price of $360. Both flights went out with over 45 seats full on the CRJ, and the employees were talking about how quickly things have been turning around for the airline.

Don't write this airline off so soon. They had a shaky start with over capacity, but that problem is quickly coming to a resolve.

This was the first time I flew Indy and I can see why people swear by them-- Indys fans will not let them collapse... they have built a VERY loyal following not only in the New York area, but in the DC area as well.

JBLU


User currently offlineJdaniel001 From , joined Dec 1969, posts, RR:
Reply 14, posted (9 years 7 months 1 week 4 days 18 hours ago) and read 11243 times:

Quoting CRJ900 (Reply 11):
According to Flight International 5-11 April 2005, FlyI has 83 CRJ200s flying with another 34 CRJ200s on order.

Those orders were cancelled a year ago and they have given some CRJ's back to the lessor. They are/will be operating with a fleet of 58 or 59. I guess the 59th is in court.


User currently offlineAllstarflyer From , joined Dec 1969, posts, RR:
Reply 15, posted (9 years 7 months 1 week 4 days 18 hours ago) and read 11231 times:

Quoting 727LOVER (Reply 1):
So this whole END IS NEAR thread is based on their CLT schedule???????

 rotfl  Yeah, no kidding.

Quoting FutureFO (Reply 10):
Get your ACA items now as they will one day be collectors items.

I'd like to take that as an objective viewpoint, but from recollection, I don't remember much of anything positive (and there are some positives) this person has had to say about DH.

-R


User currently offlineAvek00 From United States of America, joined Oct 2004, 4410 posts, RR: 19
Reply 16, posted (9 years 7 months 1 week 4 days 18 hours ago) and read 11188 times:

Quoting JBLUA320 (Reply 13):
I wish you Indy bashers would take your negative attitude and stifle it.

With respect, you are confusing a negative attitude with a REALISTIC mindset toward Indy's current situation- the cold truth is that Indy is only building its load factors via rock-bottom fare sales, something that it cannot afford given that its operation is MORE expensive to run than the legacy carriers it is competing against.

Mainline CASMs for the 4th quarter of 2004:

DH CASM: 17.8
US CASM: 10.96
UA CASM: 10.68
DL CASM: 10.23
CO CASM: 9.98

While DH has managed to bring its CASM below 20 cents/mile, it is still far and away the most expensive operation to run vs. its direct competitors.



Live life to the fullest.
User currently offlineJdaniel001 From , joined Dec 1969, posts, RR:
Reply 17, posted (9 years 7 months 1 week 4 days 17 hours ago) and read 11126 times:

Avek00 - where did the info come from? We need to look at 1st quarter 2005 for a comparsion. I know for a fact that both UA and US are in the low 8's. And DH should be somewhere around there. It should be higher, they still are absorbing startup costs.

User currently offlineVEEREF From , joined Dec 1969, posts, RR:
Reply 18, posted (9 years 7 months 1 week 4 days 15 hours ago) and read 10975 times:

The whole CLT thing could be based partly on the announcement by WN that they were considering CLT as a possble new destination. Perhaps a case of one LCC trying to beat the other to the punch to grab customer loyalty before the other gets there?
Also there must be opportunity here if WN and FL decided it is worth a shot.
Why put 319's on if RJ's aren't full? Well, that's economics and I don't know squat about that. I do know that just as some folks prefer an RJ over a turboprop, some will favor a mainline aircraft vs RJ. Perhaps a marketing strategy on DH's part......
Also, CLT boasts some of the highest fares of any hub in the country, so you could probably base your fares low enough to stimulate traffic yet keep them high enough for a decent yield.

If I had to guess.......


User currently offlineJfr From United States of America, joined Feb 2005, 227 posts, RR: 0
Reply 19, posted (9 years 7 months 1 week 4 days 15 hours ago) and read 10936 times:

JBLUA320 is right....I like this airline a lot. They are my airline of choice when traveling from biz (ORD) to family (CAE).

I travel a very great deal...mostly round-the-world's....am right now in SE Asia in the middle of a typical multi-city, multi-airline trip, and am a very substantial SQ Solitaire guy. I know great airlines.....

But in America today, Independence is delivering the goods. I'll be pleased to use them whenever I can, and will miss them a lot if they can't make it.

Sorry to say, I likewise would NOT miss US, DL, etc........


User currently offlineUAL777 From United States of America, joined Aug 2003, 1560 posts, RR: 5
Reply 20, posted (9 years 7 months 1 week 4 days 15 hours ago) and read 10779 times:

Have you guys seen Indy's load factors? With their costs, and the fares that they are charging, they would be lucky to turn a profit with a 100% load factor.

I also think that it is rediculous to suggest that "Loyal fans in NYC" are going to keep Indy from going under. Im sure UA, US, AA, etc. have plenty of loyal fans too, but you do not see them being "saved".

I just hope indy goes back to what it is best at for the employees sake.



It is always darkest before the sun comes up.
User currently offlineAvek00 From United States of America, joined Oct 2004, 4410 posts, RR: 19
Reply 21, posted (9 years 7 months 1 week 4 days 14 hours ago) and read 10701 times:

Quoting Jdaniel001 (Reply 17):
Avek00 - where did the info come from? We need to look at 1st quarter 2005 for a comparsion. I know for a fact that both UA and US are in the low 8's. And DH should be somewhere around there. It should be higher, they still are absorbing startup costs.

All of this info. came directly from the airline's respective Q4 2004 SEC filings. The data for Q1 2005 is not yet available.

UA and US might have fuel-excluded CASMs of approx. 8 cents, but they certainly do NOT have 8 cent CASMs including fuel. And there's no way in hell a virtually all-RJ carrier will have a CASM approaching that of a LCC.

[Edited 2005-04-16 17:47:12]


Live life to the fullest.
User currently offlineF9Animal From United States of America, joined Dec 2004, 5113 posts, RR: 28
Reply 22, posted (9 years 7 months 1 week 4 days 14 hours ago) and read 10535 times:

Quoting Avek00 (Reply 16):
With respect, you are confusing a negative attitude with a REALISTIC mindset toward Indy's current situation- the cold truth is that Indy is only building its load factors via rock-bottom fare sales, something that it cannot afford given that its operation is MORE expensive to run than the legacy carriers it is competing against.

Mainline CASMs for the 4th quarter of 2004:

DH CASM: 17.8
US CASM: 10.96
UA CASM: 10.68
DL CASM: 10.23
CO CASM: 9.98

While DH has managed to bring its CASM below 20 cents/mile, it is still far and away the most expensive operation to run vs. its direct competitors.

With the 319's coming in, the CASM should be dropping. The 319's will help lower it, and the airline will find a niche. I am keeping my fingers crossed that Indy pulls through. As they transform from a feeder to an airline, they have many challenges. The tweaking and fine tuning takes time, and Indy knew they were not going to pull profits on its first year or two of operations. Very few airlines that start out rake in profits.

From what I have heard, Indy has very good service. That is important, especially as keeping customers is hard to do nowdays.



I Am A Different Animal!!
User currently offlineLat41 From United States of America, joined Jun 2004, 478 posts, RR: 0
Reply 23, posted (9 years 7 months 1 week 4 days 14 hours ago) and read 10472 times:

Sounds like some of you want Independence to fail and take great glee at each misfortune. I hope they hang in there but realize that their debt/equity must be horrendous. We'll see. There may be a white knight somewhere as well (we'd hope).

User currently offlineAvek00 From United States of America, joined Oct 2004, 4410 posts, RR: 19
Reply 24, posted (9 years 7 months 1 week 4 days 14 hours ago) and read 10406 times:

Quoting F9Animal (Reply 22):
With the 319's coming in, the CASM should be dropping. The 319's will help lower it, and the airline will find a niche. I am keeping my fingers crossed that Indy pulls through. As they transform from a feeder to an airline, they have many challenges. The tweaking and fine tuning takes time, and Indy knew they were not going to pull profits on its first year or two of operations. Very few airlines that start out rake in profits.

1. The CASM has already dropped - it was at over 20 cents/mile when this monstrosity first took flight.

2. As indicated in its 10-K filing, the business traffic that Indy was counting on to cover its sky-high costs did not materialize.

3. But for the mercy of its lessor, Indy Air would have died months ago. Their continued survival has less to do with any attempt to make the company a success than with the fact that a 50+ RJ fleet cannot be easily placed anywhere.

Quoting Lat41 (Reply 23):
Sounds like some of you want Independence to fail and take great glee at each misfortune. I hope they hang in there but realize that their debt/equity must be horrendous. We'll see. There may be a white knight somewhere as well (we'd hope).

DH has polluted East Coast yields to a point where it ceases to be funny. I can't wait for the monstrosity to end, so that airlines that really have a halfway decent shot surviving can charge the fares necessary to do so.



Live life to the fullest.
25 Frequentflykid : Government regulation is near!
26 Bohica : Just what we need. Another FlyI bashing thread. This topic has been beaten to death just like Northwest DC9's, A vs. B, dirty Air France planes, Iberi
27 Ludavid777 : Where did you get that we start 4 319's to CLT on May 1st? A319 service to CLT DOES NOT start until June 1st as announced. I'm a Flight attendant and
28 Padcrasher : It's ugly, but the last time I looked at their cash/cash burn versus US Airway, Indy would be able to outlast them. Having US out of the WAS market wo
29 UN_B732 : they're going to get delisted if this continues!
30 Galapagapop : Their Casm may be higher but doesn't their RASM go higher because of the number of flights those little CRJ's can do? I feel for Indy, I like that the
31 Jdaniel001 : I agree, I think everyone is excluding fuel to look good at this point. There is no glee in a carrier failing and jobs being lost. But the lessor of
32 Jacobin777 : most sane people don't gloat upon other's misfortunates..that being said, the reality of the situation for flyi isn't the best....and overcapacity=ov
33 GMUAirbusA320 : We've got a "Big" announcement on monday....hopefully it's something of value. They've increased OT in the reservations center on Monday. HMMMM Don't
34 MD88Captain : Independence Air's load factor break even is supposed to be over 120% based on a briefing I attended at work 2 days ago.
35 Avek00 : Probably just another systemwide $X9 sale. And yes, your employer has come a long way - from being a large profitable regional operator to being the
36 JBLUA320 : Avek, And with all due respect to you, why don't you speak for yourself. I know over 50 people at Continental, jetBlue and Delta- none of which think
37 Mariner : I take no glee in it whatsoever. I think the whole situation involving IAir and the other airlines on the east coast is totally depressing. I think t
38 JBLUA320 : Not that Indy hasn't had an effect on yields in the northeast, but I think US Airways was on the path to destroying yields anyway. I mean, its been a
39 Jdaniel001 : This annoucement should be for the new cities.
40 Ludavid777 : Yeah because if we would've stuck to United we would've been garanteed a so much brighter future! kinda like the one AirWisconsin got for sticking wi
41 Mariner : As I see it, that's part of the problem. United may have treated ACA like garbage (that's a value judgement), but they paid AC A handsomely in the pr
42 Blsbls99 : There's a lot of talk about "overcapacity" in the east coast market in this thread. Yet, Southwest seems to be adding 30+ aircraft to their fleet this
43 Jdaniel001 : Sorry, I disagree. The concept is great. Jetblue will do the same thing when they get their EMB190's. DH just did it backwards. Also there has been p
44 Jdaniel001 : But WN's capacity is not neccesarily "intra-east coast" like most of US's routes. They are flying people out west. I think there should be a defined
45 PlaneSmart : Mariner, it's a free market. So long as they play by the rules, all is fair in love and war........ And since when have morales & ethics featured high
46 Mariner : Jdaniel001: Not the same, sorry. (a) JetBlue will be expanding an existing customer base and (b) the EMB190's are not RJ's, they have a much lower CAS
47 Piedmontnut : Indeed. Talk about beating a (dead) horse. * The dead comment was in no way meant to be rude or loathsome toward Flyi.com or its employees whom I res
48 Avek00 : 1. Heck yeah I want the monstrosity known as Indy Air to cease operations, or at least go back to shacking up with United. Right now it's just an Eas
49 Post contains links Jdaniel001 : Uh...yes it is the same. Same principal. That what I meant by DH taking the back door approach. You can't be serious. "My heart bleeds...." Let me se
50 PlaneSmart : Investing in airlines has always been relatively high risk & speculative. The investment decision has often had more to do with ego (the investors), t
51 Post contains images Mariner : PlaneSmart: Actually, I've done rather well investing in (US) airlines over the past couple of years. It has all been fairly predictable, based for th
52 Aa757first : Um, it pretty much is. $0.18 CASM is pathetic. No one wants IAir to fail. We know they are likely to fail. AAndrew
53 Jdaniel001 : Remember this is old info. I bet some people at UA and US will disagree.
54 JBLUA320 : Thank you Captain Universe. AA757First... sure about your comment? JBLU
55 PlaneSmart : Mariner, I have no problem with industry re-organization anywhere in the World, providing Goverment dollars don't find their way into it. Government c
56 Mariner : PlaneSmart: I'm still scratching my head. I still don't understand what the New Zealand bureaucracy has to do IAir. Or with Capitalism or the free mar
57 Flyibaby : First of all, your information is incorrect, and don't say it is posted like that on FLYi.com because it isn't. They are numbering the flights for Ma
58 Jdaniel001 : Flyibaby - the company is still in very serious trouble. I glad to see that the plan is starting to work. But with fuel at a all time high and the con
59 Flyibaby : With all due respect to your comment, your wrong. This is something FLYi absolutely needs to do. They need to get people to give them a try, to lure
60 Post contains images Allstarflyer : I don't mind someone having a disagreement or even a huge problem with DH and how things are run at Indy. But if you're going to continue your tantru
61 Flyibaby : Noted. However, don't tell me BK is on the verge now. The airline is seeing the best numbers it has seen since it became FLYi, they are moving capaci
62 Jdaniel001 : One more thing for everyone to consider. DH as was in this same position back in 1990 as they were they were building an operation in IAD as an extens
63 Avek00 : With a CASM still within spitting distance of 20 cents/mile, FLYi absolutely cannot afford to deeply-discount seats in the manner that it has done th
64 Jdaniel001 : Seasonal capacity was always in the plan from the start. I know that for a fact. Over capacity was not in the plan. I also know that as fact. Should
65 Jdaniel001 : If they are the ones that were planned 2 months ago, they are going to be great additions to the route map.
66 Allstarflyer : I was just wondering if they might have the gumption to throw in another city or two on top of what has been planned. I could name 2-3 cities that wo
67 Jdaniel001 : Part of the key to their survival is increasing the ASM's flown by the Airbus's. There is a list of about 15 cities that are potential Airbus markets
68 Hannigan : I dont think there are enough planes to start new Airbus destinations. I do agree however that it would be nice. I think the annoucement will have to
69 Post contains images Hannigan : Hey Buckethead... everyone in Ops says hey.
70 Jdaniel001 : Actually 1 maybe 2 destinations have been in the works for some time now. The planes will come from the upcoming deliveries. I would say that there w
71 Jdaniel001 : Hey there, I guess it's between banks. `
72 Post contains images Allstarflyer : For a second, I thought you were talking about ORD Ops, where Jd and I were. During UX, we always knew we had a leg up on IAD Ops . J/K. -R
73 Iowaman : They have some serious work to do, raising fares, cutting flights, and lowering there costs. There stock is now in danger of being delisted, which sca
74 Jdaniel001 : Iowaman....I think you lost some money. Sorry dude.
75 Flyibaby : True...but that hasn't been the case with airline stocks in the past six months, short term price swings of any signifigance. US and UA are being sol
76 Flyibaby : It can on routes where it needs to establish its brand. Did you not read the post on this before you replied? Obviously they aren't having to do this
77 MD-90 : No kidding. Sometimes I wonder about the notion that only a company in Alabama would be stupid enough to invest in US Airways... But then I remember
78 PlaneSmart : Mariner, If you've done well investing in US airline stocks in the last of couple of years, hats off to you. You have traded on volatility, in high ri
79 Mariner : Flyibaby: In order: (a) I wasn't discussing them, I was stating a fact, (b) I wasn't discussing them with you, I was stating a fact, and (c) I'll disc
80 Avek00 : For the past few months on a.net, I've also talked about: 1. DH wrongful assumption that it was going to steal significant IAD market share from Unit
81 Jdaniel001 : Avek00 is right on the money with all 3 examples.
82 Allstarflyer : Well, DH knew the writing was on the wall to get something done, which was either take the deal w/United which would have made DH take a lower income
83 Flyibaby : I don't doubt that you can capitalize, but unless you bought your stock in either July of last year or October of last year, and bought at least a fe
84 Jdaniel001 : Actually is was going to still be fee for departure, just at lower margins. And by the way for everyone, when UA originally went to all of the existi
85 Post contains images A330323X : Actually, Warren Buffett made good money on his USAir investment in the end. He just likes to complain about it because complaining about the big, ba
86 Post contains links Mariner : That is simply not true. The 52 week high is $13.08. http://finance.yahoo.com/q?s=FRNT&d=t You made it personal. You said: When I post, I don't know
87 Jdaniel001 : Ok, I can say I agree with this also. But is this opinion or fact?
88 Flyibaby : Avek Again, your mostly wrong. I'll reply point by point: 1. FLYi hasn't had to steal much market share from UA. UA has done that to themselves in ma
89 Jdaniel001 : 70% load factor, I don't think so! Try closer to 80% or more. In fact UA's LF for March has been the highest March LF in the company's history. Again
90 Flyibaby : My mistake...you are right about the high. What I was trying to establish it that the stock price was at $10 this time last year and is at $10 right
91 Jdaniel001 : Oh my, again wrong. ACA for 14 years has been selling a service. The service is flying regional routes for larger airlines. UA was a customer. That's
92 Flyibaby : I think you misread...FLYi posted a 70.7% load factor for March. I wasn't referring to UA's. Agreed. I said MANY of the markets they kicked of in Jun
93 Mariner : Flyibaby: Yes, but it hasn't stayed at $10 throughout that time. It has gone up and it has gone down. It has been down to under $7 and up to $13. So o
94 Flyibaby : Exactly...they were business partners...not supposed to be david vs. goliath though. This is exactly how it turned out though.
95 Jdaniel001 : Dang it!! Sorry, 3rd freaking mistake today. I think that the reason that Song, B6 and others are doing good out of NYC. Is because they are establis
96 Avek00 : With all due respect, I ROTFLMAO'd for a solid three minutes once I read this. DH came into the EWR-IAD market with *SIXTEEN* roundtrip flights per d
97 Jdaniel001 : No, I said.... Sorry, UA was a customer as was DL.
98 Allstarflyer : Since this whole thread was started more or less off a spoof, as seen from the 1st response: Then why not throw a spin into it. Jd, you know I've thou
99 Flyibaby : Avek00...I'm glad you recieved a laugh. However if you note what I said...load factors from NYC are very very good. Don't be surprised as flights come
100 Avek00 : Given DH's clusterf!ck approach, you are probably right - 24 daily RTs on EWR-IAD right before it all liquidates.[Edited 2005-04-17 22:59:30]
101 JBLUA320 : Well, if its any indiciation- I flew EWR-IAD-GSO-IAD-EWR this past weekend, and every flight was either full or very close to full. The flight attenda
102 Iowaman : "They are doing well cause so and so's flight was full" blah blah blah well i'm sure it was but there are some going out empty and no one ever says wh
103 Avek00 : Even this won't help much - truth is, DH's biggest competitor is US, not UA. The primary purpose of UA's IAD hub has been and continues to be connect
104 Post contains links DAL767400ER : Looks like the announcement is just a new fare sale: http://biz.yahoo.com/prnews/050418/dcm010.html?.v=6 You can say to me what you want, but $29-39 f
105 Avek00 : LOL! I so called this "big announcement" as yet another $X9 fare sale! Interesting to note that this "sale" covers the busy summer travel season, whic
106 Jdaniel001 : Hey your right! Only 5-10% of the seats are $49. The rest are $29 and $39. Amen brother. KPMG has to be telling these guys to hold these sales. I gue
107 Jdaniel001 : Found this on the Yahoo finance message board. What a hoot... "Just as a fyi..friend of mine with a legacy carrier (not UA for you rabid ones) just to
108 Phatfarmlines : The DH employees at the TPA open house for Airside C were very jovial for a company that is not going the way it should. The stock is .93 cents as of
109 AADC10 : It is a waste of time to speculate on the time of IndyAir's demise. They got burned themselves by assuming that US would have folded by now. They will
110 IslipWN : I don't get how they are so cheap on their flights. I was looking at flights and it was $39 one way from IAD to PBI!! They must really want to fill th
111 Jdaniel001 : No, they need the cash.
112 PlaneSmart : AADC10 'Only the bankers know when they have had enough and they always suprise us with the amount of losses they will accept. ("Hey, the're on the ed
113 Jdaniel001 : Planesmart...you make a good point. But, I consider DH a small airline and yet they are getting favorable deals from GECAS for the remaining aircraft.
114 Post contains links Jdaniel001 : Is this opinion or fact? http://biz.yahoo.com/deal/050502/flyiinnosedive.html?.v=2 Flyi will be announcing their 1st quarter results this week. Anyone
115 Laxintl : Well those same analyst predict a loss of $.93-1.70 per share, with $1.34 being the average consensus. With about 45million shares outstanding the lo
116 Jdaniel001 : Don't remind me on how low the stock is, I feel sick everytime I think how much money I lost.
117 717-200 : The "Happy Bags" program where if your bags don't arrive when you do and you get part of your fare refunded cannot be too helpful to the bottom line e
118 Jacobin777 : eeek..i've owned only one airline stock, and that was WN (LUV) back in the 90's...but sold in 1998 or 1999.....not worth owning any of the air carrie
119 Jdaniel001 : They don't expect it to affect their bottom line. The are having all time low bag numbers, so they are going to exploit that as an advertising gimmic
120 Vorticity : A recent article in Aviation Daily, "FLYi Cash May Not Last Through Yearend, Analyst Says", May 2, 2005 described that Indy Air has pretty much receiv
121 Jacobin777 : right now, unfortunately, it seems there is a greater probability of your stock being worth nothing than being worth something, if they file for BK,
122 Burnsie28 : LMFAO, you know how bad FlyI would get their A** kicked if they entered MSP!
123 AF022 : financial results posted yesterday shows a net margin of about NEGATIVE 115%
124 Post contains links Mikey711MN : There is a pretty extensive discussion of the dismal FlyI Q1 results in a different, albeit older, thread: http://www.airliners.net/discussions...ener
125 Starrion : I am beyond speculating when an airline will fold. There are no logic to a lot of these operations these days. A negative 115% margin? They're losing
126 PlanesNTrains : I agree 100%. When was the last time that a US airline failed when we thought it would. Hell, when was the last time that a US airline failed? As lon
127 Jetpixx : As a spotter, I'd like to see FlyI last - as it is nice to see their colorful planes. The only person I know who flew them had a horrible experience.
128 Aa757first : About five months ago. AAndrew
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