DOT rejects VX's request to keep stats private
Jul 8, 2008 | 10:34 pm
#16
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Jul 8, 2008 | 10:49 pm
#17
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I was serious about that too. During the DOT's "Determination of Fitness" and while requesting the FAA to grant a "Certificate of Public Convenience and Necessity" an airline is required to show how they are going to operate. VX knew they were going to make this objection so they should have disclosed it during this process. Why does VX think they shouldn't operate as every other carrier in this country is required?
Jul 9, 2008 | 6:36 am
#18
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Considering how hostile the other airlines were to VX's starting up operations (and how they .....ed and moaned to the FAA about Reid, VX's first CEO, and so on), I'm not surprised Virgin decided to give them the middle finger by being sneaky (albeit, legal- they had the right to try what they did, even if it didn't work out).
Jul 10, 2008 | 5:51 am
#19
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And it looks like they are going very hard for the appeal.
http://industry.bnet.com/travel/2008...h-a-vengeance/
http://industry.bnet.com/travel/2008...h-a-vengeance/
Jul 10, 2008 | 6:07 am
#20
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All you Virgin America cheerleaders it sounds like a major restructuring is in the works, rumor is that they may be abandoning trans-cons! And your CEO may be out.
Last edited by Brigri; Jul 10, 2008 at 6:15 am
Jul 10, 2008 | 6:33 am
#21
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Jul 10, 2008 | 8:06 am
#22
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Jul 10, 2008 | 10:22 am
#23
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Mmmm the "insiders" say they have heard about six different rumours, and so are assuming one of them must be true. Who knows, in the industry these days anything can happen.
Jul 10, 2008 | 4:13 pm
#24
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I vote FUD. I could be wrong, but the only source I've seen is that one website, which could be run by a legacy employee or fan for all we know. Nothing in Google News where I'd expect at least one hit if it were a widespread report.
Jul 11, 2008 | 12:43 am
#25
Join Date: Feb 2002
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I vote FUD. I could be wrong, but the only source I've seen is that one website, which could be run by a legacy employee or fan for all we know. Nothing in Google News where I'd expect at least one hit if it were a widespread report.
Holly Hegeman is an industry analyst who publishes the "most widely-read weekly financial subscriber publication of the airline industry." She has been publishing for over a decade.
In my opinion (a self described industry analyst with access to powerful revenue and cost models) VX is way too dependent on transcon flying. They are not making any profits on transcon and need to lower their stage length to levels where their revenue model supports the cost. I don't think they will abandon transcon but I expect them to significantly reduce their exposure under the current fuel costs.
Last edited by audio-nut; Jul 11, 2008 at 12:53 am
Jul 11, 2008 | 8:01 am
#27
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Also, I can assure you that if their completion rate were under 50% you'd have heard about it on this forum. I've taken tens of flights and they've all been completed and only one was 15 or more minutes delayed (due to IAD ground program).
Jul 11, 2008 | 9:16 am
#28
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Don't most airlines have completion rates in the high 90%...I'm pretty sure it would be all over this forum if their completion rate was any lower than 90, let alone 30-40.
Jul 11, 2008 | 4:32 pm
#29
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I don't think they will abandon transcon but I expect them to significantly reduce their exposure under the current fuel costs.
So, logically, you'd see JFK-MIA instead of LAX/SFO-MIA, no?
Well, since we've heard rumors of things being done on premium seating, I don't doubt that SOMETHING is afoot.
Jul 11, 2008 | 4:34 pm
#30
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Also, I can assure you that if their completion rate were under 50% you'd have heard about it on this forum. I've taken tens of flights and they've all been completed and only one was 15 or more minutes delayed (due to IAD ground program).