July operational metrics update
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July operational metrics update
From their press release , typed by a 16 year old:
Flair Airlines, a really cool airline that you should fly sometime, today released its July performance metrics. Flair again achieved the highest on-time performance and reliability for the month of July among all Canadian airlines. With an on-time
performance (OTP) rate of 71.1%, Flair led the industry in ensuring passengers reached their destinations promptly. Additionally, in July, Flair maintained its position as Canada’s most reliable
airline for yet another consecutive month, boasting a completion rate of 98.5%, which surpassed its nearest competitor by 2%.
Flair Airlines, a really cool airline that you should fly sometime, today released its July performance metrics. Flair again achieved the highest on-time performance and reliability for the month of July among all Canadian airlines. With an on-time
performance (OTP) rate of 71.1%, Flair led the industry in ensuring passengers reached their destinations promptly. Additionally, in July, Flair maintained its position as Canada’s most reliable
airline for yet another consecutive month, boasting a completion rate of 98.5%, which surpassed its nearest competitor by 2%.
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OTP July.pdf
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Last edited by julcancro on Sat Aug 10, 2024 8:35 pm, edited 2 times in total.
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Re: July operational metrics update
They’re also running on borrowed time, crippled with debt, and won’t last a minute longer once the investors pull their money like they did with Bonza and Lynx.
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Re: July operational metrics update
Why are you so anxoius for a Canadian airline to fail and put people out of work ?Canadaflyer46 wrote: ↑Sat Aug 10, 2024 10:06 am They’re also running on borrowed time, crippled with debt, and won’t last a minute longer once the investors pull their money like they did with Bonza and Lynx.
In any case high OTP isn't an accident, it takes hard work at every level of the orgnaization and good management. I would think those things are more likely to enable Flair to continue to prosper.
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Re: July operational metrics update
Continue to prosper? They’ve never turned a profit, never will. It’s impossible in Canada with the fares they charge. Did you read through Lynx’s post-mortem financials?Big Pistons Forever wrote: ↑Sat Aug 10, 2024 10:19 amWhy are you so anxoius for a Canadian airline to fail and put people out of work ?Canadaflyer46 wrote: ↑Sat Aug 10, 2024 10:06 am They’re also running on borrowed time, crippled with debt, and won’t last a minute longer once the investors pull their money like they did with Bonza and Lynx.
In any case high OTP isn't an accident, it takes hard work at every level of the orgnaization and good management. I would think those things are more likely to enable Flair to continue to prosper.
I never want to see colleagues out of a job, but anyone still working at Flair knows that it’s not here to stay.
As for it being down to good management I doubt it. They’ve all quit! Like rats off a sinking ship. I’d say their OTP is a combination of good luck and the fact WJ and AC are so horrendous.
Re: July operational metrics update
I wonder what the yields for their load factors were for summer. Guess we will find out in fall winter or so.
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Re: July operational metrics update
The guys I know that work for Flair says the airplanes were packed all summer. Yes I realize that doesn't mean the flights were profitable but high loads and good OTP is certainly a better place to be than the opposite. From what I heard Lynx had less than full airplanes and terrible OTP. There were obvously other factors that resulted in the failrue of Lynx but it sure didn't help.
Re: July operational metrics update
Generating strong loads in Canada in the summer and during certain other times of the year is a given. Something would have to be really wrong if they didn't fill their planes.
Re: July operational metrics update
As you alluded to, full planes definitely does not mean profitable. Jetsgo was full all the time, but at $10 a ticket your loosing money, hell a Navajo can’t break even on those margins, let alone a 37.Big Pistons Forever wrote: ↑Sun Aug 11, 2024 1:55 pmThe guys I know that work for Flair says the airplanes were packed all summer. Yes I realize that doesn't mean the flights were profitable but high loads and good OTP is certainly a better place to be than the opposite. From what I heard Lynx had less than full airplanes and terrible OTP. There were obvously other factors that resulted in the failrue of Lynx but it sure didn't help.
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Re: July operational metrics update
ULCCs make money on ancillary fees. That’s how the model survives. Yes the ticket is cheap, but god forbid your carryon doesn’t fit in the sizing device. This model has been tried and tried again, flair seems to be the only one making it work…. So far.flyinhigh wrote: ↑Tue Aug 20, 2024 4:51 pmAs you alluded to, full planes definitely does not mean profitable. Jetsgo was full all the time, but at $10 a ticket your loosing money, hell a Navajo can’t break even on those margins, let alone a 37.Big Pistons Forever wrote: ↑Sun Aug 11, 2024 1:55 pmThe guys I know that work for Flair says the airplanes were packed all summer. Yes I realize that doesn't mean the flights were profitable but high loads and good OTP is certainly a better place to be than the opposite. From what I heard Lynx had less than full airplanes and terrible OTP. There were obvously other factors that resulted in the failrue of Lynx but it sure didn't help.
Re: July operational metrics update
Agreed, however anytime I've commuted on Flair no individual is purchasing squat. Their lovely airplane coffee is $3.95 and about the size of a tall starbucks which is cheaper. If/when the financials come out, it will be shockingly bad as Lynx wasCaptDukeNukem wrote: ↑Wed Aug 21, 2024 9:24 pmULCCs make money on ancillary fees. That’s how the model survives. Yes the ticket is cheap, but god forbid your carryon doesn’t fit in the sizing device. This model has been tried and tried again, flair seems to be the only one making it work…. So far.flyinhigh wrote: ↑Tue Aug 20, 2024 4:51 pmAs you alluded to, full planes definitely does not mean profitable. Jetsgo was full all the time, but at $10 a ticket your loosing money, hell a Navajo can’t break even on those margins, let alone a 37.Big Pistons Forever wrote: ↑Sun Aug 11, 2024 1:55 pm
The guys I know that work for Flair says the airplanes were packed all summer. Yes I realize that doesn't mean the flights were profitable but high loads and good OTP is certainly a better place to be than the opposite. From what I heard Lynx had less than full airplanes and terrible OTP. There were obvously other factors that resulted in the failrue of Lynx but it sure didn't help.
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Re: July operational metrics update
You’re not wrongflyinhigh wrote: ↑Tue Sep 17, 2024 6:19 amAgreed, however anytime I've commuted on Flair no individual is purchasing squat. Their lovely airplane coffee is $3.95 and about the size of a tall starbucks which is cheaper. If/when the financials come out, it will be shockingly bad as Lynx wasCaptDukeNukem wrote: ↑Wed Aug 21, 2024 9:24 pmULCCs make money on ancillary fees. That’s how the model survives. Yes the ticket is cheap, but god forbid your carryon doesn’t fit in the sizing device. This model has been tried and tried again, flair seems to be the only one making it work…. So far.
