Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (2025)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (3)08-11-2024, 08:06 PM

#31

Kfb8

New Hire

Joined APC: Jul 2024

Posts: 6

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (4)

Originally Posted by AutoBrksMedium

No more upgrades this year is the word from the schoolhouse. Seems link shrinking the airline is on tap.

Any word on how this may affect future classes like October? Seems like attrition is going back up.

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (5)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (6)

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (7)08-11-2024, 09:17 PM

#32

madmax757

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Joined APC: Jun 2010

Position: seated - facing forward

Posts: 1,046

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (9)

Originally Posted by Kfb8

Any word on how this may affect future classes like October? Seems like attrition is going back up.

Well if we are offering voluntary LOA I don’t think we need to hire much til next spring maybe. Plus all the new guys pick up as much as they can so they can get out of here. There’s attrition but not a lot with everyone slowing hiring. I think we are streamlining for another potential run on Spirit.

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (10)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (11)08-12-2024, 12:55 AM

#33

hercretired

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Joined APC: Mar 2021

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (12)

Originally Posted by Stayontarget;[url=tel:3828128

3828128[/url]]Perhaps they haven’t been as forthcoming on the P&W inspections as we would like.

After reading the training department email claiming no more than 3-4 down at a time I ran some rough numbers. Even with no spare engines we would be able to out grow the P&W aircraft going down…before we reduced our order size. Now with updated numbers we are completely flat next year and won’t see growth until 2026. Now this does assume worst case scenario, but that was highly disappointing to see.

Almost as disappointing as no XLRs am I right Herc?!

indeed disappointing.

waiting for the "spin" to be put on this by BB

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (13)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (14)08-12-2024, 03:36 AM

#34

AutoBrksMedium

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Joined APC: Jan 2024

Posts: 99

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (15)

If we are flat all next year I guess that means no upgrades until 2026. I can only imagine how far down the priority list a contract has gone. Somewhere between offering airfare to Europe and making sure rampers have batteries for their wands.

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (16)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (17)08-12-2024, 06:41 AM

#35

JoeFever1

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (18)

Where is this assumption we are going to be flat? Depending on when a few pratts go down at a time it could possibly go flat for a few months but still taking almost 2 planes a month. The only variables we don't know are loaner engines and extended leases. A lot of missing information to be all doom and gloom quite yet.

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (19)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (20)08-12-2024, 07:03 AM

#36

DumboDrop

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Joined APC: Dec 2021

Posts: 574

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (21)

Originally Posted by hercretired

indeed disappointing.

waiting for the "spin" to be put on this by BB

Uncle B said "mid to upper single digit growth next year."

Could be they have a plan to increase our utilization that hasn't really recovered from COVID.

Probably all depends on of the economy crashes this fall.

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (22)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (23)08-12-2024, 08:05 AM

#37

Stayontarget

Almost there

Joined APC: Apr 2021

Posts: 1,237

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (24)

Originally Posted by JoeFever1

Where is this assumption we are going to be flat? Depending on when a few pratts go down at a time it could possibly go flat for a few months but still taking almost 2 planes a month. The only variables we don't know are loaner engines and extended leases. A lot of missing information to be all doom and gloom quite yet.

Yes for sure. I’m just painting a worst case scenario. That how I live…plan for the worst, hope for the best.

The Pratt AD affects 24 of our aircraft. If you just take a look at when they were delivered and use that as a timeline of when they go down we could have 20 down at the end of a year. So worst case is we lose 28 (8 retirements and 20 to inspections) over the next year and gain 21. As you say the remaining variables are how many leases did we extend for next year, how long is the actual inspection timeline, when do they start to go down, and how many spare engines do we have?

Last edited by Stayontarget; 08-12-2024 at 08:36 AM.

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (25)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (26)08-12-2024, 08:11 AM

#38

LifetimeCFI

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Joined APC: Dec 2023

Posts: 159

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (27)

Originally Posted by Kfb8

Any word on how this may affect future classes like October? Seems like attrition is going back up.

Well considering the classes and hiring folks likely already were privy to this information, I'd consider it to have been "baked in."

There's really no telling what's gonna happen. They're hiring 10 in September and Ocotber. What happens beyond that depends on so many factors none of us here are privy to it's impossible to speculate, and the company will keep that stuff under wraps - if they know themselves, that is.

Things change quick. Seems we're in a slow period across the industry. Who knows what Q4 and 2025 will bring. Good luck in getting your number called!

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (28)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (29)08-12-2024, 11:14 AM

#39

Kfb8

New Hire

Joined APC: Jul 2024

Posts: 6

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (30)

Originally Posted by AutoBrksMedium

No more upgrades this year is the word from the schoolhouse. Seems link shrinking the airline is on tap.

Just saw a memo that they are doing 12 more CA upgrades

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (31)

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Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (32)08-12-2024, 12:38 PM

#40

LibertyBiberty

On Reserve

Joined APC: May 2023

Posts: 15

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (33)

Originally Posted by AutoBrksMedium

No more upgrades this year is the word from the schoolhouse. Seems link shrinking the airline is on tap.

Just curious, did your source say that would be the case after the new system bid is awarded? Or did we just find out the no more upgrades was in fact a rumor?

Q2 2024 Earnings Call: Aug 8 - Predictions ? - Page 4 (34)

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