Notes from a chap who attended the meeting at MAA on the 10th
- A330 will be 8-9 aircraft. Expats all gone by end July I think he said
- 737 fleet from 53? down to about 47. Expats gone by March 2013, but aiming for Dec 2012
- ATR fleet resonably stable.. 18-19 aircraft (maybe down 2). Remaining expats good until Dec 2013. Still expecting to get some ATR -600 models end of year.
- Undergoing fleet/route usage review. Same stuff that we know. Problems with fare wars. Fuel prices. Break even model based on $110 / barrel.
- Salary amounts to only about 18% of total expense. Fuel 40% of expense.
Don't know how it effect the triple expats. The 737 fleet was at about 60 before down to 53. That said the reduction is 7 thus far with a further reduction to about 43.