4.8 • 31.1K Ratings
🗓️ 16 April 2020
⏱️ 22 minutes
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0:00.0 | Hey, Prime members, you can listen to how I built this early and ad-free on Amazon Music. |
0:07.0 | Download the app today. |
0:09.0 | New years is here, and with it brings the possibility of change. |
0:13.0 | As one behavioral scientist put it, first starts are really powerful. |
0:17.0 | So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small. |
0:24.0 | Listen to the LifeKit podcast from NPR. |
0:27.0 | Hey everyone, so as some of you know, we've just started a new series of conversations on Facebook Live, where each week I'll be talking to founders and entrepreneurs about how they're dealing with the new normal that we're all experiencing right now. |
0:41.0 | And in case you miss these conversations live, we're going to be posting an excerpt right here every Thursday in your podcast feed. |
0:48.0 | And today we've got two guests, later you'll hear from Tristan Walker, the founder of Walker & Company. But first, let's start with David Nealeman, the founder of JetBlue Airways. |
0:57.0 | The airline industry has taken a huge hit over these past few weeks, and it's likely Air carriers won't be flying at capacity for the foreseeable future. |
1:06.0 | Now David is no longer involved with JetBlue, but he has founded two other airlines since then. One is called Azul, and it's one of the biggest Air carriers in South America. |
1:16.0 | So of course, COVID-19 has had a direct impact on his business. But David is confident people will fly again, and that his airline will survive this crisis. |
1:27.0 | You know, our business is off 95%. We had 900 flights a day before the crisis. We're down to under 50 flights a day. |
1:35.0 | Well, our revenue, we were doing something close to 10 million a day, and now we're doing 5% of that. So it's a big challenge. |
1:46.0 | But one of the great things, when you build great companies, you have great people. We have about 13,000 people who work for Azul. |
1:55.0 | So we went out to the group and said, hey, everybody, we're going to need your help here. Who would like to take a few months off without pay? |
2:05.0 | And remarkably enough, we had almost 10,000 of our people say, we love this company. We want to say this company. So we're going to bow out for a few months. |
2:16.0 | Wow, which is astounding. It just says everything about our people. And I think that gives me great hope that we're going to be back and we're going to be back strong because these people are truly amazing. |
2:30.0 | And it makes me all more of the resolve to really save those jobs, every single one of them, and make sure that they're all back to work, you know, soon as possible. |
2:38.0 | David, what's your sense of sort of the domestic airline situation? I mean, we're talking about potentially months, many months of very, very little air travel. |
2:48.0 | Do you think that domestic carriers are going to survive this? |
2:52.0 | You know, our major expenses that we have are obviously our crew members, you know, our salaried folks. That's number one. Number two is fuel. We're not flying, so we don't have that expense. |
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