ngneer
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- Aug 20, 2002
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Joe Leonard of Air Tran had harsh words for Independence Air's business plan, saying that they have a "flawed business plan" and he also claims that their load factor for September was only 30%. Leonard also complained about Independence Air depressing yeilds on the East Coast.
Personally, I agree with Leonard about Independence Air having a flawed business plan. It seems to me that Midway Airlines tried the same kind of strategy - an independent airline flying mostly 50 seat RJs - and failed because they couldn't get their costs low enough using RJs. If it's true that their load factor is down to 30% for September, they aren't going to be around for long.
Joe Leonard slams Indy Air
Personally, I agree with Leonard about Independence Air having a flawed business plan. It seems to me that Midway Airlines tried the same kind of strategy - an independent airline flying mostly 50 seat RJs - and failed because they couldn't get their costs low enough using RJs. If it's true that their load factor is down to 30% for September, they aren't going to be around for long.
Joe Leonard slams Indy Air