Call Summary:
- No mention of Australia
- CAL wants the flexibility of terminating at will but also wants to control us so no one else can take ownership of our company. We are working on trying to get something more long term. Pretty much sounds like CAL wants to lower our margins and keep the same current agreement. It's just business right? Sad but true they have us by the !@lls. We will see what happens.
- N/S Routes in CA are working really well. E/W are ok and frequency may increase for summer travel season. No mention on east coast stuff. I am sure other places are doing well and no one asked specific questions on those cities. Leaving SDF although the numbers recently have improved there. We just felt some of the new west coast stuff would be a better choice.
- Delta stuff sounds like it is going well
- No breakdown on how much money we lost with branded and they would not give any specifics (Wait for the 10k)
- Someone else mentioned analysts don't like branded. I would say that is pretty much the case. Some of these same experts couldn't figure out on their own what cities we pulled out of on the branded side.
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