Go ahead, ask away part 5
I love reading through the comments section and seeing your thoughts and questions.
Panagis and Geri brought up the question about access to the BA Lounges. It may not seem like it, but lounge access is significant cost. We’ve been discussing our policy, examining how to balance providing you the best benefits at the best possible price. As of right now, all Biz Seat and Biz Bed cabins have lounge access in Paris and Newark. I’ll keep you up-to-date on any new developments.
Stephen Cryan had a slew of good questions. He was interested in knowing if, even in the economic downturn, OpenSkies is on its way to achieving its business objective.
Our original plan called for profitability when we start our fourth year of operation. Like most businesses, we didn’t foresee the depth of difficulty of the past year. We’re recasting our business plan to address today’s reality and can’t predict a timeline for profitability just yet.
The good news is there is a demand for comfort and quality at a low cost, especially in times like these. It’s what’s enabled us to capture 25% of the Paris market in just 9 months. We’re in a good position for when the markets and economies bounce back.
Stephen also brings up the fact that a lot of people think it’s a good idea for us to expand our network.
We’ve stuck with being a point-to-point carrier because it kept our business simple and streamlined. But the recession has taught us a lot. While point-to-point is our “sweet spot,” it doesn’t have to be our exclusive spot. So over the next handful of months, we’ll be exploring the possibility of expanding our reach to cities beyond our gateways. I’ll definitely let you know what we find out.
So make sure to visit this blog often.
Dale

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December 15th, 2009 at 7:23 pm
Dale,
Can you comment on the news that BA has decided not to sell OpenSkies? Does this mean there is further growth in the works?
Best,
James