MD SHADIQUE’s Post

#ThreeYears at Fly Finance🥂 Time flies! It's hard to believe that it's already been 3 years since I joined Fly Finance. All this while, I’ve had my fair share of high, lows, and a lot of 'What am I doing?' moments. 🙃 From the rush of solving complex problems to the brain-bending challenges that left me staring at my screen wondering if green tea was really the answer (spoiler: it wasn’t always), this journey has been full of ups and downs. But I say this proudly that each day has been a lesson, sometimes hard-earned, but always valuable. Having said that, Cheers to: 🥂The countless meetings, and many brainstorming sessions (shoutout to the whiteboard and excel :p) 🥂 The "Did I just learn something new?" moments. 🥂The days when everything clicked, and the days when it felt like we were building bridges without foundations. Through it all, Fly Finance has been a place where I’ve grown both professionally and personally. It’s a privilege to work alongside Rachit Juneja and Satyam Singh who are always ready to tackle the next challenge and helped me to grow as individual. A big thanks to my incredible team who were a part of my 3 years journey - current & ex #Flymates So, here's to the upcoming years... and whatever other plot twists come our way. ✨ #Anniversary #3Years #Growth #Challenges #TeamFly #Finance #Grateful #LessonsLearned

Mr. Pitti, founder of Easemytrip, has withdrawn his bid for Go First, another low-cost domestic airline heading towards extinction. Although unfortunate, this case leaves enormous learning for those who still surviving and are entering into business. I strongly believe that; 1. Operational efficiency is key to any business, be it engines, ground, or in-flight operations. 2. Cash is sanity: Expand only when every aspects of existing business is secured. 3. Spreading thin is suicidal: Irrespective of business's type, size or geographies. I had privilege of sharing my views on subject with Neha Tripathi. Let's take this opportunity to learn and grow. #aviation #indianaviation #goFirst #businessmodel #HindustanTimes

"Spirit Airlines is petitioning to enter into the type of bankruptcy deal (chapter 11) that lets business run as usual while the company restructures a mammoth $3.6 billion in long-term debt." Despite the article describes a few reasons, I believe they forgot one important thing: The Customer Experience. Evidently, many people want to travel cheaper, but not at any cost. Does it feel right when you can't carry a small bag with you? Sometimes it feels like your going to cinema, because they charge you $10 for a peanut sample (with no movie!) Airlines in general, not just Spirit, are in a long run to charge you every single detail. I've read articles which say that they want to charge your ticket according to your weight. Unbelievable. is that a good experience? Are we experimenting an oligopoly, with bad service consequences? Don't they need to think out of the box and redesign the whole thing that, evidently, is not working anymore? #CX #CustomerExperience

Happy Holidays from the Trucker Recruiters Family! Celebrating Resilience, Unity, and the Bright Road Ahead in 2025. Dear Drivers and Carriers, As the year draws to a close, I want to take a moment to reflect on what has been one of the most tumultuous periods in our industry’s history. The past few years have tested every corner of the trucking world. From the unprecedented surge in freight during the pandemic to the challenges brought on by skyrocketing diesel prices and the Great Freight Recession, it’s been a road unlike any we’ve traveled before. Through it all, you’ve persevered. You’ve kept goods moving, shelves stocked, and communities connected. Your resilience, grit, and commitment to this industry are the reason we are emerging stronger. The end of the Great Freight Recession signals not just a return to stability but the start of a new era filled with opportunities. As we look to 2025, there is so much to be optimistic about. Freight rates are leveling out, diesel costs are stabilizing, and the market is creating space for carriers of all sizes to thrive. With a healthier environment for investment, carriers can focus on what matters most: building strong, sustainable operations and attracting the best driver talent in the industry. At Trucker Recruiters, we’re committed to helping you navigate this new chapter. Our TR MATCH IQ technology ensures that finding qualified drivers and the right carrier-driver matches is not only possible but seamless. We believe the future of trucking lies in innovation, collaboration, and an unwavering dedication to the people who make it all possible—drivers like you and the carriers who support them. As we enter this holiday season, let’s take a moment to celebrate how far we’ve come. Let’s honor the sacrifices and achievements of those who have weathered the storm and remember those who have made the journey possible. Most importantly, let’s look ahead to 2025 with renewed hope and determination. From all of us at Trucker Recruiters, thank you for your hard work and trust. May this holiday season bring you and your loved ones joy, peace, and the promise of brighter days ahead. #happyholidays #truckerrecruiters #freightindustry #truckinglife #thankyoutruckers #freightresilience #trucking2025 #truckingstrong #drivingthefuture #freightforward

Rumors and Gossip in a Nutshell (1/2) Common Rumors and Gossip About Spirit Airlines 1. **Customer Service Complaints:**   - **Reputation:** Spirit Airlines often gets mentioned in discussions about poor customer service and high fees. Passengers frequently share stories of dissatisfaction regarding the airline's customer service policies and the additional charges for basic services.   - **Handling Issues:** There are ongoing rumors that Spirit is trying to improve its customer service in response to these complaints, but the results have been mixed. 2. **Operational Challenges:**   - **Delays and Cancellations:** Spirit has had a reputation for frequent delays and cancellations. Gossip often revolves around the operational efficiency of the airline and how it manages its flight schedules.   - **Pilot and Crew Strikes:** There have been past instances of labor disputes, including pilot strikes, which have fueled rumors about the stability of labor relations within the company. 3. **Financial Stability:**   - **Profitability Concerns:** Despite its ultra-low-cost model, there are occasional rumors about Spirit's financial health, especially during economic downturns or crises like the COVID-19 pandemic. Speculations about its ability to sustain profitability while keeping costs low are common. 4. **Mergers and Acquisitions:**   - **Potential Buyouts:** There have been persistent rumors about Spirit Airlines being a target for mergers or acquisitions by larger airlines. Such speculation typically revolves around the idea that a major airline could be interested in acquiring Spirit to expand its own low-cost offerings or market reach.   - **Industry Consolidation:** With ongoing industry consolidation, rumors about Spirit merging with or being acquired by another low-cost carrier, such as Frontier Airlines, have circulated in the past. (2/2)---->(https://lnkd.in/dwbTPixh)

Such an awesome week with overwhelming support from our community. At AdmiralBridge we believe that the purpose of a business is to make the world a better place through three paths: 1. Solving a business need in the industry 2. Providing employees with meaningful work 3. Supporting external causes To accomplish this we live by these core values and we ask that our customers hold us accountable. 1. Trust 2. Resilience 3. Innovation 4. Authenticity #AdmiralBridgeSoftware

Spirit Airlines: From "Bare Fares" to Bankruptcy Court - A Business Analyst's Unconventional Take Okay, folks, buckle up! Spirit Airlines, the airline that made us all masters of the "personal item Tetris" game, just filed for bankruptcy. And honestly? As a business analyst with a penchant for the unconventional, I can't say I'm entirely surprised. Let's rewind. Spirit was the OG disruptor, the rebel of the skies, offering those "bare fares" that made us question if we really needed that carry-on (spoiler: we usually did). They were profitable, they were growing, they were...bold. Remember those bright yellow planes? You couldn't miss 'em! But then, the turbulence hit. Pandemic, anyone? ✈️ Suddenly, those packed planes and rock-bottom prices weren't so appealing. And those failed merger attempts? Frontier, JetBlue...it was like a chaotic dating show, but with airlines. Now, let's talk numbers. Spirit's financial statements tell a story. From a net income of $335 million in 2019, they plunged into a blood bath of $447 million net loss. So, what went wrong? As a business analyst, I see a few key factors: Over-reliance on a single revenue model: The "bare fare" strategy was vulnerable to external shocks like, oh, I don't know, a global pandemic. Missed opportunities for diversification: Could they have explored ancillary revenue streams more aggressively? Loyalty programs? Partnerships? Competitive pressures: Other airlines started offering basic economy fares, squeezing Spirit's niche. These figures paint a stark picture of the financial strain the airline has been under. Failed merger attempts with Frontier and JetBlue further exacerbated their situation, likely hindering their ability to achieve operational synergies and navigate the competitive landscape. This bankruptcy filing is a wake-up call for the industry. It's a reminder that even the most disruptive businesses need to adapt, innovate, and, dare I say, embrace a little bit of "frills" sometimes. What lessons can we learn from Spirit's journey? Share your thoughts in the comments! 👇 #SpiritAirlines #Bankruptcy #BusinessAnalysis #AirlineIndustry #Disruption #Innovation #UnconventionalThinking

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After cutting dozens of unprofitable routes, including some in Europe, JetBlue is launching its first-ever route to Spain in May. https://hubs.li/Q02_bkXy0

🛫 Spirit Airlines' recent filing for Chapter 11 bankruptcy protection marks a crucial juncture not only for the airline but for the industry as a whole. Rising fuel costs, escalating competition, and the lingering impacts of the COVID-19 pandemic have forced Spirit to navigate through "unprecedented" industry challenges. 🔄 As Spirit aims to restructure its debt and secure a stable financial future, the firm has laid plans to keep its operations running smoothly, with a significant $725 million investor backing to steer through these turbulent times. What's notable here is their intention to restructure without pausing service, highlighting their commitment to their customers and operational resilience. 🛠️ From a job market perspective, the restructuring includes workforce adjustments and renegotiated contracts which could mean new kinds of opportunities within the aviation industry. These changes could lead to fresh openings or shifts in skill demands, particularly in roles related to financial management, operational efficiency, and strategic planning. 🚀 For industry professionals on LinkedIn, Spirit's situation ignites discussions around career stability and mobility within the volatile aviation sector. Have you or someone you know been affected by the changes in the airline industry? How are companies adapting to these ongoing challenges from an employment perspective? 💡 If you're exploring aviation careers or seeking talents in this domain, connecting on platforms dedicated to aviation employment can provide crucial insights and opportunities. Utilizing resources like aviation-specific job boards can be a strategic move in these unpredictable times. 🔗 Let’s continue to support and learn from each other in this dynamic industry landscape. What are your thoughts or experiences with adapting careers in response to industry upheavals? #aviation #career #bankruptcy #employment #SpiritAirlines