Mkirch72 From United States of America, joined Aug 2005, 198 posts, RR: 1 Posted (8 years 4 months 1 week 5 days 11 hours ago) and read 1970 times:
I live near the St. Pete/Clearwater Int'l Airport (PIE) where the only current domestic US carrier is USA3000 (U5 I believe). They serve seven cities out of PIE and I've flown them several times and have had nothing but a good experience.
They seem to be a very quiet company however because little to nothing can be found online regarding their financial performance.
I know they still do charters for Apple Vacations, but their scheduled service seems to be increasing and their fares are fairly low --- as little as $69 each way, no rondtrip purchase requirement, no advance purchase timeframe, etc.
My question is -- how are they doing financially? How are they able to offer such low fares? Did they hedge their fuel purchases?
What do you all think in general about U5 and it's future?
Airwave From United States of America, joined Mar 2006, 1117 posts, RR: 3
Reply 3, posted (8 years 4 months 1 week 5 days 10 hours ago) and read 1913 times:
Quoting Mkirch72 (Thread starter): They seem to be a very quiet company however because little to nothing can be found online regarding their financial performance.
As Luv2fly noted, USA3000 is actually a part of Apple Vacations, and as both USA3000 and Apple Vacations are privately held, there is no requirement for them to disclose their financial information, so they don't.
Quoting Steeler83 (Reply 2): They only fly one aircraft as well, and I don't think that they have that many aircraft. The aircraft they use are A320s.
Yup, they started operations in early 2003 with a pair of leased A320s and now they have 14 of the birds (all leased from quite the alphabet soup: GECAS, ILFC, RBS).
Quoting Luv2fly (Reply 1): The reason for all the Florida flights is to have the planes do something when they are not flying charter flights for parent comapny Apple Vacations.
Actually, they have up to 54 daily scheduled flights, so most of their operations now fall under scheduled service, as opposed to charter.
When you do things right, people won't be sure you've done anything at all.
Gilesdavies From United Kingdom, joined Dec 2003, 3024 posts, RR: 2
Reply 6, posted (8 years 4 months 1 week 5 days 9 hours ago) and read 1792 times:
They like using UK Charter airlines A320's during the winter months...
When I arrived at PHL on a flight from LGW with US Airways last year there was a pair of Thomas Cook Airlines A320's on lease to USA 3000, and had flown earlier that year on both of those A320's from LGW-JSI!
Monarch Airlines and First Choise Airways have also leased them aircraft.
Wjcandee From United States of America, joined Jun 2000, 5163 posts, RR: 22
Reply 8, posted (8 years 4 months 1 week 5 days 7 hours ago) and read 1684 times:
Quoting Luv2fly (Reply 4): Not totally, as they sell both the charter flights under the usa3000.com web site as a scheduled flight.
Well...actually what happens is that they know that their package vacation customers have a preference for "scheduled" service, so they provide "scheduled" service on their own aircraft and put the public and their own customers on those flights.
There are also "public charters" sold on the usa3000.com site that are not sked service and operate under different FAA rules.
There are probably relatively-few strictly-package-charter flights operated by usa3000. No reason to do it when you can make it a public charter and fill the empty seats through a different marketing channel.