3 ms·

New York-London/Paris is the graveyard of new airlines, especially those promising better service than the legacies: L'Avion, La Compagnie, MAXjet, OpenSkies, e

New York-London/Paris is the graveyard of new airlines, especially those promising better service than the legacies: L'Avion, La Compagnie, MAXjet, OpenSkies, etc. I wish him luck, but it's going to be incredibly hard to fill A380s of all things profitably without a massive feeder network and plenty of whales for the front of the plane.

deaddodo 3y ago
L'Avion was purchased by OpenSkies and was operating alright, pre-COVID. You're kinda misattributing the failure here from a worldwide unforeseen global pandemic to "bad business decisions". MaxJET failed because they tried to price themselves nearer to a budget airline while offering business-class seating/experience. The low margins this offered forced them to close down when they couldn't adjust for fuel price fluctuations and salary increases. A closer analogy, but still not quite there. La Compagnie still exists and operates their premium Newark<->Paris line.
- resolutebat 3y ago
  > MaxJET failed because they tried to price themselves nearer to a budget airline while offering business-class seating/experience. Which seems to be exact playbook that Global is trying out. Quoting TFA: Global Airlines will be better than everybody else because they won’t skimp on the things that make flying fun — their A380s will have “communal areas”, first-class passengers will be chauffeured direct to the airport from their homes, they already have a partnership with Laurent-Perrier champagne — but their tickets won’t cost much more than those of their competitors.
doctorpangloss 3y ago
He’s probably convinced that because $10,000 of Instagram ads resulted in something that is maybe profitable under that tech accounting scheme where nothing negative counts, $100,000,000 of ads will work just as well. Anyway, flying New York to London too… that’s like flying New York to Vienna.
kcb 3y ago
Yea giant incredibly expensive to operate airplanes feels like a massive red flag to how well thought out this business plan is.

deaddodo 3y ago

L'Avion was purchased by OpenSkies and was operating alright, pre-COVID. You're kinda misattributing the failure here from a worldwide unforeseen global pandemic to "bad business decisions". MaxJET failed because they tried to price themselves nearer to a budget airline while offering business-class seating/experience. The low margins this offered forced them to close down when they couldn't adjust for fuel price fluctuations and salary increases. A closer analogy, but still not quite there. La Compagnie still exists and operates their premium Newark<->Paris line.

resolutebat 3y ago
> MaxJET failed because they tried to price themselves nearer to a budget airline while offering business-class seating/experience. Which seems to be exact playbook that Global is trying out. Quoting TFA: Global Airlines will be better than everybody else because they won’t skimp on the things that make flying fun — their A380s will have “communal areas”, first-class passengers will be chauffeured direct to the airport from their homes, they already have a partnership with Laurent-Perrier champagne — but their tickets won’t cost much more than those of their competitors.

doctorpangloss 3y ago

He’s probably convinced that because $10,000 of Instagram ads resulted in something that is maybe profitable under that tech accounting scheme where nothing negative counts, $100,000,000 of ads will work just as well. Anyway, flying New York to London too… that’s like flying New York to Vienna.

kcb 3y ago

Yea giant incredibly expensive to operate airplanes feels like a massive red flag to how well thought out this business plan is.