MaxJet Posts another loss

At the end of the day if they were posting huge profits at this stage then something would be wrong, not the other way around.

Yes, damn those airlines like JetBlue who make profit from the outset (but then make losses later!).

Are you kidding?? LOL, 80.5%, most LCCs can beat that!! For a business orientated airline (long haul or not), I’d want to see that much higher.

And with their load factor at 67%, and the gap between revenues and operating costs, I suspect they may have a long term problem!

80.5% when their primary destination is JFK? Pretty good to be honest if you ask me, most AA and BA flights from JFK have an OTD of around 30%.

MaxJet have some good financial backing, they’re expanding nicely into new markets from the US and growth on routes like LAX are really going to drive the company forward in the next few years. Just a shame they didn’t get a China route at the start of the week.

At the end of the day if they were posting huge profits at this stage then something would be wrong, not the other way around.

Ontime Performance: 80.5%

The only good side is, that there ontime performance isnt too bad :rolleyes:

Are you kidding?? LOL, 80.5%, most LCCs can beat that!! For a business orientated airline (long haul or not), I’d want to see that much higher.

And with their load factor at 67%, and the gap between revenues and operating costs, I suspect they may have a long term problem!

It’s a niche market that has a proven track record of failure…

I agree. Because you are dedicating yourself to a very selective niche market, of course you are going to experience problems at some point…the thing they need to do is to offer services to more destinations other than US to UK and vice-versa!

I did hear a rumor a couple of weeks ago that Silverjet, the UK based all business-class airline, was struggling a bit but it has recently announced that it will begin to serve Dubai as its second destination, and they have a private terminal at both ends which chould prove quite popular as well as the price they are offering and the flight times, which allows for a connection to New York, via Luton! And lastly they also have an advantage over EK as they do not operate into LTN as yet, and I dont see them doing so as they already operate from both LHR and LGW.

It’s a niche market that has a proven track record of failure..i know Ozjet tried it in this country and got their fingers burnt.. sometimes operating the Sydney -Melbourne sector with as little as one revenue passenger