Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Why Hasn't JetBlue Been Effected By The Economy?  
User currently offlineJetBlue-320 From , joined Dec 1969, posts, RR:
Posted (13 years 3 months 3 days 16 hours ago) and read 2011 times:

Why? My guess is that they're still small enough with plenty of cash and smaller labor costs. Also, they are publicy traded.

16 replies: All unread, jump to last
 
User currently offlineSccutler From United States of America, joined Jan 2000, 5615 posts, RR: 28
Reply 1, posted (13 years 3 months 3 days 16 hours ago) and read 1952 times:

...but as a privately-held company, they may disclose or withhold information as they choose.

As a lower-cost carrier, of course, they may be in a relatively favorable position. But one doubts that they have not been affected at all.



...three miles from BRONS, clear for the ILS one five approach...
User currently offlineDazed767 From United States of America, joined May 1999, 5498 posts, RR: 51
Reply 2, posted (13 years 3 months 3 days 16 hours ago) and read 1928 times:

They cut back 5 flights so far.

User currently offlineFirstclasser From United States of America, joined Jul 2001, 116 posts, RR: 0
Reply 3, posted (13 years 3 months 3 days 15 hours ago) and read 1918 times:

but NO employees

GO BLUE!


User currently offlineElal106 From United States of America, joined Jan 2000, 975 posts, RR: 4
Reply 4, posted (13 years 3 months 3 days 15 hours ago) and read 1915 times:

everyone is affected in this industry one way or another

User currently offlineCO/ba From United States of America, joined May 2001, 399 posts, RR: 3
Reply 5, posted (13 years 3 months 3 days 14 hours ago) and read 1898 times:

They did cut some frequency and their labor costs can't be too high because they are offering $12 to start part-time

User currently offlineChepos From Puerto Rico, joined Dec 2000, 6235 posts, RR: 11
Reply 6, posted (13 years 3 months 3 days 14 hours ago) and read 1891 times:

Everyone is being affected by the tragic events that occured during Sept 11., 2001. Some more than others hopefully JetBlue will not suffer as much as others that are going through very difficult times.
Chepos



Fly the Flag!!!!
User currently offlineSegmentKing From , joined Dec 1969, posts, RR:
Reply 7, posted (13 years 3 months 3 days 13 hours ago) and read 1875 times:

heh...

well I've heard from some friends who are flight attendants that loads have been quite aweful... some flights have only had 30 people on them... and at $150 r/t to NYC from Florida, there is NO way they are breaking even.

Even the recession-proof Southwest is making cut backs.

Only problem with JetBlue is that everyone here keeps ASSUMING they have all this capital... how do you know they haven't spent most of it so far?!?!?!?!?!


User currently offlineJetBlueRules From , joined Dec 1969, posts, RR:
Reply 8, posted (13 years 3 months 3 days 9 hours ago) and read 1841 times:

jetBlue has been affected, yes. They have cut some flights, had lower loads, but haven't cut employees yet. They haven't been affected as much as the majors in my opinion because:

**They have awesome service for low fares!
**They are not as well known as the majors, and therefore, most people have a pretty good attitude towards them when first hearing about them, unlike the well-known majors with lots of bad stories.
**They are still in the reputation-building stage, and so far, the intelligent people behind the whell haven't done anything to screw that up.

My two cents. Tell me what you think.

Go jetBlue!!!  Smile/happy/getting dizzy  Smile/happy/getting dizzy


User currently offlineLowfareair From , joined Dec 1969, posts, RR:
Reply 9, posted (13 years 3 months 3 days 4 hours ago) and read 1826 times:

>>how do you know they haven't spent most of it so far?!?!?!?!?!<<

How do you know they have?

>>and at $150 r/t to NYC from Florida, there is NO way they are breaking even.<<

It's been reported that they have CASM's of about $.06-$.07. AirTran's was $.097, yet they still had a net margin of about 15% in 2Q2000 while offering those $150 r/t from NYC-Florida.

From what I hear all the time, some DL, UA, etc. 747/777 flights have had even less than 30 pax. BEFORE 9/11. Plus, if 30 people is the lowest you can get, then that means that they have to be doing better than that.

If I remember correctly, on Thursday DL's load factor leader Thus. was BWI at 57%.


User currently offlineSegmentKing From , joined Dec 1969, posts, RR:
Reply 10, posted (13 years 3 months 3 days 3 hours ago) and read 1813 times:

LowFareair,

I'm talking about RIGHT NOW.

I've ran a lot of tickets for travel 3-7 days from now, and before 11 Sept, the fares would have been in the $300 range, but now I'm able to sell and PRICE from the lowest fare buckets.

JetBlue is being affected just like everyone else... and since they ARE private, they don't have to tell *anyone*, not a single soul, how good or bad they are doing.

And FYI, United hasn't ran a 747 with only 30 people in the past few days. United has historically just cancelled the flight if it's that bad. Friends who are management at ORD said that they've sent out a few flights full, but the vast majority are 50 to 70% full.

Everyone is just nervous right now... lets hope all the airlines can ride this storm out....

-nate


User currently offlineN509JB From United States of America, joined Nov 2007, 0 posts, RR: 1
Reply 11, posted (13 years 3 months 3 days ago) and read 1801 times:

I'll wait till the time is right to post what I know...

I feel ANOTHER fight coming on.  Wink/being sarcastic

N



User currently offlineCritter592 From , joined Dec 1969, posts, RR:
Reply 12, posted (13 years 3 months 3 days ago) and read 1787 times:

JETBLUE HAS PLENTY OF MONEY!!!!!!!!! I Talked to David Neeleman Personally. He says they have more than enough money, plus when that is gone, he has an emergency fund that will help. For all of you jetBlue Haters. SORRY TO BUST YOUR BUBBLE!!!!!!

User currently offlineLowfareair From , joined Dec 1969, posts, RR:
Reply 13, posted (13 years 3 months 2 days 21 hours ago) and read 1769 times:

SegmentKing:

I am talking about before 9/11. There are numerous stories on here about how there were "only 15 people when I flew on the USA-EUR route on UA/AA/DL, etc."

PS: Even if they are running those fares, the majors now almost have to match, and considering that they have a much higher cost structure than B6, they will lose more money.


PPS: DLexpress load on Thurs? 39%, highest in days.


User currently offlineLubcha132 From United States of America, joined Feb 2001, 2776 posts, RR: 7
Reply 14, posted (13 years 3 months 2 days 21 hours ago) and read 1762 times:

The PTV's with Satellite stations don't hurt  Wink/being sarcastic

User currently offlineWingman From Seychelles, joined May 1999, 2338 posts, RR: 5
Reply 15, posted (13 years 3 months 2 days 21 hours ago) and read 1754 times:

I have no emotional ties to this airline whatsoever. They can either take over the world or go bankrupt and I wouldn't care too much. So let me tell you objectively that the finance management team at JB is shitting its pants. Anyone here who thinks they are not affected in a very major way right now is completely naive. This airline is based out of JFK for Christ's sake! And in case you haven't read the news lately, there ain't much traffic going in and out of JFK these days. On top of that, this airline is not publically traded, so no one anything about their condition except what JB feels like telling you. Southwest hasn't laid off anyone either and they have the strongest balance sheet out there. Nevertheless, they are also being dramatically affected, so I can guarantee you that JB's superior cash position will help them short term, but if this goes on for another 2-3 months they will be in a world of hurt.

User currently offlineGo Canada! From United Kingdom, joined Jun 2001, 2955 posts, RR: 11
Reply 16, posted (13 years 3 months 2 days 20 hours ago) and read 1749 times:

who says they havent been affected, you will not know the truth if they are a private company.

to the jetblue lover,i take it your friend in the know is the chief exc or on the board or the owner?

How do you kon he is tellign the turth, ansett/anz said that had 600 million 4 months ago and ones gone with the other following.

British Airways said last year it would be ok, yet 7000 jobs have gone.




It is amazing what can be accomplised when nobody takes the credit
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Why Hasn't MLB Been Agressively Promoted Like SFB posted Mon Mar 14 2005 17:32:02 by John
Why Did JetBlue/AA/Delta Take The Huge! Risk posted Fri Jan 28 2005 17:06:42 by BMI701EGCC
Why Hasn't JetBlue Initiated A BOS-JFK Route Yet? posted Fri Jul 2 2004 07:34:52 by Flybyguy
Why Hasn't VS Been Copied? posted Wed Aug 6 2003 18:30:50 by L.1011
Why Hasn't UPS Order Conversion Been Confirmed? posted Sun Nov 6 2005 22:28:54 by Leelaw
Why Hasn't Qantas Ever Ordered The 777? posted Sun Aug 21 2005 10:13:41 by JumboJim747
Why Hasn't Lufthansa Bought The 787? posted Wed Jun 22 2005 06:49:30 by SoAmSky
Why Hasn't Airbus Retired The A300 And A310 posted Fri May 20 2005 05:38:43 by United787
Why Hasn't BA Ordered The A380 posted Thu Jan 27 2005 22:40:37 by Qantasclub
Why Is PPE Ignored By The Mexican Govt? posted Mon Jan 24 2005 22:42:48 by Byrdluvs747