JetBlue: Pilot unionisation is a threat to busniness model
JetBlue CEO Dave Barger has stated the efforts by the Air Lines Pilots' Association union to unionise its pilots could challenge the carrier's business model, because of the knock-on effects on its corporate culture. JetBlue is non-unionised and its pilots voted against unionising in 2009, but the ALPA has been pushing for representation at the carrier.
- JetBlue CEO expresses concerns about potential unionization of pilots and its impact on the carrier's business model and corporate culture.
- Allegiant Air reports a slight decline in passenger numbers and flights in May 2011.
- airberlin experiences a 3.9% increase in passenger numbers and a 2.1 percentage point increase in passenger load factor in May 2011.
- WestJet reports a 3.1% increase in revenue passenger miles but a 2.9 percentage point decrease in passenger load factor in May 2011.
- JetBlue's shares fall 1.8% following the news of potential unionization.
- Overall, LCC share prices experience fluctuations on June 6, 2011.
Mr Barger stated unionisation could lead to a "huge cultural change to our company" as it looks to develop its operations, flying larger aircraft and expanding its links with other carriers. Shares in JetBlue fell 1.8% yesterday, as US markets ended the day weaker.
Allegiant Air reported the following traffic highlights in May-2011:
- Passenger numbers: 464,983, -3.7% year-on-year;
- Passenger load factor: 88.1%, +0.2 ppt;
- Flights: 3,785, -3.7%;
- Apr-2011:
- Scheduled revenue per ASM: +23.9%;
- May-2011*:
- Scheduled revenue per ASM: 34.6% to 35%.
*estimated
airberlin reports (06-Jun-2011) the following traffic highlights in May-2011:
- Passenger numbers: 3.3 million, +3.9% year-on-year;
- Passenger load factor: 75.8%, +2.1 ppts.
WestJet reports (06-Jun-2011) the following traffic highlights in May-2011:
- Revenue passenger miles: +3.1% year-on-year;
- Passenger load factor: 74.8%, -2.9 ppts.
Selected LCC share price movements (% change): 6-Jun-2011
