Re: [Sky-1] Analyst Says Flyi Could Go Bankrupt

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We in EWR were tracking pax totals and gave up after the first week. They=
 never had more than 30 pax and lucky to have 20. They also kept cancelli=
ng flights, I guess due to pax loads low.
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From: Matthew Montano <mmontano@xxxxxxxxx>
Date: 2004/10/20 Wed PM 07:11:53 EDT
To: Skyone@xxxxxxxxxxxxxxx
Subject: Re: [Sky-1] Analyst Says Flyi Could Go Bankrupt

I'm guessing that if fuel was free, they'd still be loosing money.

44% load factors, flying RJs in a WN (at BWI) influenced market.

Not to mention the huge cultural shift from flying a "$ per departure" =

to a "$ per seat filled" business model.

Recipe, as we all identified, for disaster.

Matthew




On 20-Oct-04, at 5:04 PM, Jason E. Seiple wrote:

> ?Of course Flyi's business plan isn't working.=A0 It's a stupid idea.=A0=
 =

> Seems <we> said this from day one.?
>
> =A0
>
> I wonder how it would have worked out had oil been at $30 a barrel =

> today like their business plan needed?
>
>  =A0
>
> =A0
>
> Jason
>
> JAX
>
>
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Roger
EWROPS

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