Cherokee_Cruiser
Bronteroc
Not really. It made sense to slow the growth plans down given the price of oil and still weakened economy. When the initial order for 60 aircraft was made in 2010, the average crude oil price/barrel was ~ $78. For 2013, that average is now ~ $109 per barrel. The order was based assuming an oil price relatively close to the 2010 average. Now the average fuel cost for 2013 is $31 million more, and that is cutting into what otherwise would have been used as pre-delivery payments on 5 Airbuses this year. That's why we take 1 A320 for 2013 and the rest are deferred. The goal now is to maximize the network, and fly the planes on optimized routes/schedules that make money. For example, after July 15 VX cuts the SFO-MCO flight and uses that freed-up aircraft to do the new SFO-AUS turn and continuing on the ANC night flight up to Alaska, redeye flight down to SFO. So 1 airplane is pulled from an unprofitable SFO-MCO and used for 2 routes in the Summer as replacement. LAX-MCO continues, no changes there.How is VX? Is the seasonal deferring of deliveries worrying anyone out on the line?
Right now, I'm just looking forward to the new pilot pay increase email due out tomorrow. The rumor is a 5-10% increase.
How about you?