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Beginning Of The End For National? 20% Reduction  
User currently offlineFlashmeister From United States of America, joined Apr 2000, 2900 posts, RR: 6
Posted (13 years 1 week 1 day 7 hours ago) and read 2081 times:
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National announced that they are reducing capacity also by approximately 20%. This includes:

- LAS-DCA: Temporarily suspended
- LAS-JFK: Down to 4 roundtrips from 5
- LAS-MIA: Third roundtrip pushed back to 2/14/2002

They also said that "will reduce certain existing flights from daily service to peak and off-peak service (details are not yet available)."

300 People expected to be furloughed.

Do you think that this will help or hurt National?

9 replies: All unread, jump to last
 
User currently offlineLAZYB From United States of America, joined Dec 2000, 37 posts, RR: 0
Reply 1, posted (13 years 1 week 1 day 5 hours ago) and read 1994 times:

Do you think that this will help or hurt National?

Uh huh!


User currently offlineFlashmeister From United States of America, joined Apr 2000, 2900 posts, RR: 6
Reply 2, posted (13 years 1 week 1 day 5 hours ago) and read 1983 times:
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Who knows... this could help. They can shrink size and maybe get a little more profitable in the process. Not likely, but possible.

That's why I asked for opinions...


User currently offlineTwaneedsnohelp From , joined Dec 1969, posts, RR:
Reply 3, posted (13 years 1 week 1 day 3 hours ago) and read 1966 times:

All airlines are in a lot of hurt right now. Midway gone, Continental and United in huge cutbacks, National still in Chapter 11 protection.

It's very hard for airlines right now to make money, I hope JetBlue, National, and US Airways can make it through this.


User currently offlineMah4546 From Sweden, joined Jan 2001, 32789 posts, RR: 72
Reply 4, posted (13 years 1 week 1 day 3 hours ago) and read 1951 times:

I don't know. National is not in the best shape right now, but they are doing very well load-wise out of MIA (or they obviously would not be adding the 3rd daily) and offer more seats out of MIA than HP (HP has two daily A320s, one from MIA one from FLL, N7 has the two dailyb 757s) but, then again, LAS is a low yield market. I really hope they survive, because they seem to be a good airline, though I really don't know if they will, however, I think this airline would better be taken over by another carrier (maybe America West, same hub, same 757s) rather than it just going under. They offer a good service from LAS to America's largest O&D markets, though I have always thought it makes no sense for an airline of thier size to serve MDW AND ORD, and to have so many JFK-LAS flights. The cutbacks, however, will probably help a troubled company. I am sure the DCA suspension has more to do with DCA's temporary closing than anything else.


a.
User currently offlineSpinkid From United States of America, joined Jul 2001, 1113 posts, RR: 0
Reply 5, posted (13 years 1 week 1 day 1 hour ago) and read 1932 times:

As much as I'd like to see National go under so jetBlue would maybe start flying LAS-JFK sooner I still can't hope that they make it.
These moves are being made in a frantic attempt to keep things going. They were in trouble going into this mess. I hate to see this as thing that puts them or anyone else under. These moves won't hurt them. I can't say it's really going to help them that much more.

I'd say there is no chance of anyone absorbing them, especially America West (while they do make a good match as far as hubs and aircraft types). No one would want to absorb their debt. I think America West would be happier seeing them go under and then increasing service on the routes they share with National.

The reason National has so many flights a day to JFK is because it's a pretty well travelled market. America West has almost as many. Before National came along TWA and Delta both operated flights on this route as well.



User currently offlineSrbmod From , joined Dec 1969, posts, RR:
Reply 6, posted (13 years 1 week 1 day 1 hour ago) and read 1928 times:

With the fact that the industry as a whole has lost over a billion dollars due to the shutdown and the slow restart of operaions. National is following the lead of many of the airlines in cutting 20% of their flights. The only difference between National and the majors is that National is in Ch. 11. Continental has hinted that they may have to file for bankruptcy as well, and perhaps United and American as well, especially considering that in NY there is a state law that requires airlines to pay for collateral damaged caused by airline accidents. So without any government bailout assistance, the landscape of the American airline industry will be changed more than any megamerger would have done. There will be smaller airlines that will go out of business as a direct result of the aviation shutdown last week. Airlines like National, Vanguard, U.S. Airways, America West, JetBlue, AirTran, Spirit, and Frontier are not as well insulated to a very heavily slumped economy, which is very likely if investors become quite hesistant in putting money into many industries, including airlines. Considering that National has been on the brink of folding for the most part of this year, the question now is not will they fold, but when.

User currently offlineAWA22 From , joined Dec 1969, posts, RR:
Reply 7, posted (13 years 1 week 22 hours ago) and read 1897 times:

National will go under if they dont get rid of Conway he is really good puting airlines into chapt 11, second time hes done it HP was his first. Maybe Mr. Franke could take over. HP bookings for October are up about 70 percent, possibly a good sign for them.

User currently offlineLowfareair From , joined Dec 1969, posts, RR:
Reply 8, posted (13 years 1 week 19 hours ago) and read 1885 times:

Srbmod:

I disagree with your comments saying FL isn't as well prepared. They have over $100 million cash on hand, plus a smaller fleet size so they don't need over a billion dollars to survive.


User currently offlineSegmentKing From , joined Dec 1969, posts, RR:
Reply 9, posted (13 years 1 week 15 hours ago) and read 1864 times:

What do you mean Spirit won't make it? This airline has the lowest costs per seat mile of ANY airline flying, including everyone's favourites Southwest and JetBlue... this airline is making money and is filling their planes...

On the other hand, National may be filling their planes, but making money.. hehe :P

-nate


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