deltawatch
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- Joined
- Aug 20, 2002
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Question from The Street.Com: With regional airlines growing so fast, it seems like we're at a tipping point within the commercial airline industry. How unique is the idea of a mega-regional, something smaller than hub and spoke, but much larger than your current size?
Answer from Jonathan Ornstein Mesa: You have regional jets that will continue to support hub operations and that will be very powerful. And the likelihood of becoming a super carrier? I mean, yeah, you could easily see us at $1 billion in revenue. If we were to implement all of the aircraft we have under option right now, we could be at $1.5 billion, $1.6 billion. I'd say that's a pretty big regional carrier.
Look at what Atlantic Coast is doing and, as I said in my conference call, I can't say I'm not a bit envious. I think they're taking a high-risk strategy, but at some point, I want to become large enough to be able to say I want my regional jets to feed my own hub somewhere. But you need those other narrow body, low-cost aircraft to make the rest of the hub work and run larger jets, the 737s, or the A320s.
Could this be PIT's future?
Answer from Jonathan Ornstein Mesa: You have regional jets that will continue to support hub operations and that will be very powerful. And the likelihood of becoming a super carrier? I mean, yeah, you could easily see us at $1 billion in revenue. If we were to implement all of the aircraft we have under option right now, we could be at $1.5 billion, $1.6 billion. I'd say that's a pretty big regional carrier.
Look at what Atlantic Coast is doing and, as I said in my conference call, I can't say I'm not a bit envious. I think they're taking a high-risk strategy, but at some point, I want to become large enough to be able to say I want my regional jets to feed my own hub somewhere. But you need those other narrow body, low-cost aircraft to make the rest of the hub work and run larger jets, the 737s, or the A320s.
Could this be PIT's future?
