when?I think that slots revenue is earmarked to retire about $150 million of PIT's debt.
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when?I think that slots revenue is earmarked to retire about $150 million of PIT's debt.
I'm afraid you don't know what you're talking about. PHL IS by far US Airways MOST profitable station. PIT never was(profitable).
when?
I agree 100%. The facts speak for themselves.
The "urban myth" that PIT is expensive continues to amaze me.....
Here's a simple example to illustrate what happened:
Say a gate costs $1 million per year to lease. Also say you utilize that gate a lot, serving 500,000 passengers a year with that gate. The cost per passenger is $2.
Now you decide to cut back - less utilization of that gate plus using it for RJ's instead of mainline aircraft. This results in only serving 200,000 passengers a year with that gate. The cost per passenger is now $5 - 2.5 times what it was before while paying the same for the gate.
Admittedly, this is very oversimplified but it is effectively what happened in PIT. We cut back, the airport served 1/2 the number of passengers, and the cost per passenger doubled - all without any change in the rates/fees charged.
Jim
We enjoy high load factors since we right sized and de-hubbed PIT. Adding US metal to the existing markets would make no sense, keep the commuters on them. Let B^ and WN carry commuter loads on their abs and boeings.
You know what just cracks me up about PIT....they all whine and cry about all the service they lost when US took away the "hub" status....but we still have 170 flights a day here. WN and B6 enter PIT and serve the SAME markets as US - offering no serivce to the destinations that we dropped - and they are the be all, get all.
Yeah and it's only the PIT supporters on this message board that whine and cry......none of the folks from other parts of the country....and of course no employees EVER whine and cry on here either.......yeah right!!You know what just cracks me up about PIT....they all whine and cry about all the service they lost when US took away the "hub" status....but we still have 170 flights a day here. WN and B6 enter PIT and serve the SAME markets as US - offering no serivce to the destinations that we dropped - and they are the be all, get all. I swear if I have to see Onorato's face on the TV one more time touting all the great things they have done, I am going to puke!
Didn't US have 1 hub for something like 40+ years? No profits in all that time???If US Airways never made PIT profitable when they had a near monopoly, that says VOLUMES about management.
And still some don't get it.....Oversimplification is the best thing to do.......