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woodsboy
Topic Author
Posts: 900
Joined: Sat Mar 18, 2000 5:59 am

The New Big 3: Alaska, Southwest, JetBlue

Thu Sep 20, 2001 6:33 am

So, with all the big guys begging for money, laying off employees and slashing schedules, maybe there will be some shuffling in the "Airline Order"!

Of course this isnt really possible but its interesting to note that 3 smaller airlines seem to be weathering this crisis quite well, even NY based JetBlue. All three of these carriers apparantly had plenty of cash on hand to get through the crisis. Alaska Airlines says they have over 300 million on hand and the shut down cost them about 3.5M a day. They are back to 100% in Alaska and 85-90% in the lower 48.
 
Delta737
Posts: 469
Joined: Sat Jun 05, 1999 11:23 am

RE: The New Big 3: Alaska, Southwest, JetBlue

Thu Sep 20, 2001 6:44 am

Delta's got a couple billion I think. Don't count the big guys out yet!

I do believe, however, that the big three will remain AMR, UAL and DAL.

Doug Taylor
 
Guest

RE: The New Big 3: Alaska, Southwest, JetBlue

Thu Sep 20, 2001 6:55 am

Alaska's CEO was on C-SPAN this morning. He sure made it sound like his airline was in just as bad shape as all the other majors.
 
woodsboy
Topic Author
Posts: 900
Joined: Sat Mar 18, 2000 5:59 am

RE: AWA22

Thu Sep 20, 2001 7:14 am

Hmm........He is a bastard no doubt and Alaska has been very good at getting people to believe ANYTHING and EVERYTHING they serve up. News here in Alaska said just the opposite, that Alaska was flush with cash reserves and that the shut down was easily weathered. Who knows, Alaska delivers the news that benfits them to the sources that WILL benefit them, they will be out there with their hands outstretched for part of the 24 billion no doubt.
 
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clickhappy
Posts: 9175
Joined: Thu Sep 13, 2001 12:10 pm

RE: AWA22

Thu Sep 20, 2001 7:18 am

I have heard, here in Seattle, that Alaska will fair better than most airlines because they dont count on business traffic as much. Seems like the opoosite would be true, but what do I know.
 
sotomayor
Posts: 117
Joined: Fri Jun 03, 2005 3:10 am

RE: The New Big 3: Alaska, Southwest, JetBlue

Thu Sep 20, 2001 7:33 am

Business traffic has been down all year. Now leisure travel is down, until the fear of terrorism goes down.
sotomayor
 
woodsboy
Topic Author
Posts: 900
Joined: Sat Mar 18, 2000 5:59 am

RE: The New Big 3: Alaska, Southwest, JetBlue

Thu Sep 20, 2001 8:22 am

Alaska will fare better because they not only have a strong business and leisure market, but they have a CAPTIVE business and leisure market. In much of Alaska's Alaska market, you dont have the option of driving between cities and towns and tourism in Alaska generally doesnt follow the trends of the lower 48, our tourism increases every year.

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