IHeartMedia Aviation Expert Jay Ratliff talks about the week in aviation

Episode Transcript

Speaker 1 (00:00):
Ay thirty one, think about Karsity Talk Station A very
happy Friday Eve. You always made extra special happier because
I heard me. The aviation expert Jay Ratli joins the program.
His real job is to actually make money in the
stock market, and you too could learn how to make
six thousand dollars in twelve minutes.

Speaker 2 (00:19):
So we don't do that. We don't do that all
the time. But that was that was good. But yeah,
we're halfway through the fourth quarter and I think my
portfolio is up sixty nine percent, so see that. That
to me is one of the reasons that I do
not like the long term buy, hold and pray approach
because to me, it's a catch and release and the

(00:40):
more you do it, the more you make.

Speaker 1 (00:41):
Yeah, I know, and you do teach people your method
and I know that works and I've observed it over
the years because you always keep me up to speed
on it. It's like you're trying to make me jealous.
Jay twelve, No, I just want to make you. Just
don't want you to think I'm full of it, so
you know.

Speaker 2 (00:55):
No, no, no, no, I'm a i'd agree of integrity
to this show, and I want to make sure I
maintained those that high level.

Speaker 1 (01:03):
Well, if you had your say, since Spirit Airlines as
filed for Chapter eleven bankruptcy, would that merger what was
with Jet Blue that was denied or prohibited by the
government officials? Would that have saved Spirit from this?

Speaker 2 (01:16):
I think it could have. But the problem was that
when you overlap the two route maps, there were so
many cities they served at the same time that you
were going to be seeing a great number of jobs
lost and you were going to see far fewer flights
as a result of that combination. And that's one of
the reasons that the government didn't allow it. It's simply

(01:38):
just from a from a consumer standpoint, it didn't make
sense because the two things that would happen would be
you'd have airports that would be less served because you'd
have two airlines now just down to one. And if
combined they operated nine flights a day into a specific airport,
a combined airlines is not going to operate nine, they're
going to operate four or five. You're going to have

(01:58):
fewer employees, and the fewer number of low cost seats
that you have, the higher the fare. So just all
around was never anything I like now when initially, when
Spirit in Frontier we're going to get together. You lay
those route maps down and they were perfect. They compliment
each other perfectly. And that's the one I wanted because
I thought the two of these combined could really create

(02:22):
a stronger, low cost carrier. The problem was Jet Blue,
like you know, some rich suitor steps in and says,
let me pay more. And that's when, you know, Spirit
count told Frontier see you later, and left. And the
funny part was, after the merger with jet Blue was denied,
Spirit went limping back to Frontier. Frontier said, no, we

(02:43):
don't want to merge now. And of course, and you know,
you and I've talked because for the last three months,
four months, I've had people email. Let me say, Jay,
Spirit Airlines, my gosh, there's stock is done eighty five
percent this year. It's got to be a screaming buy.
I said, well, part of that, right, screaming is accurate.
Please do not buy it because it was at two

(03:04):
fifty three dollars a share, what have you. And when
the file for bankruptcy took place, as we expected that
it would yesterday or day before, that stock dropped to
what fifteen cents of share. Whoa, whoa, You just don't.
I mean, it's just that's one of the reasons that
when people email me saying, hey, Jay, this stock said
it's fifty two weeks low. Who cares? Who cares? It's

(03:27):
at that low for a very good reason. That doesn't
mean go buy it, But you know, that's what the
way some people think from an investment standpoint, and a
lot of people played follow the leader and ended up
losing a great deal of money in the process, and
you just got to be careful. Now, look, if a
lot of people that have Spirit Airlines in their cities
listen to us, I know because they email me if

(03:48):
I've got a reservation on Spirit, I'm not worried they're
going to continue business as usual. The Chapter eleven process
is something that is core to prove mandated overseeing, and
it's what American Airlines has gone through, it's what United
Airlines has gone through. So many of these carriers have
so from our side of the ticket counter, we're probably
not going to notice much of a change. Now. Spirit's

(04:11):
not made money since I don't know, five or six
years ago. They've lost a ton of money, but they're
changing their business model so that they're going to start
offering some premium seats and other things. And Brian, I'm
excited for them, and I really think they're going to
come out of this much stronger. I still want to
see him here in Cincinnati because, look, I want as
many low cost carrier seats in this airport as we
can get.

Speaker 1 (04:31):
A men to that. And hasn't the landscape change for
the better for the consumer here in Cincinnati because of
the offerings that we have now that we used to
not have.

Speaker 2 (04:39):
Well, the hard work by the people that are there.
Candae mcgirls you know, on her way out to bigger
and better things, and she and her team and many
of them who've told me not to mention them on
the air because they want to brag on them like crazy.
They say, Nope, it's a team effort, so we're going
to stay a team. They're doing a great job. And Brian,
the stuff they do my hind the scenes to get

(05:01):
existing carriers to give us more flights and to bring
in new carriers to give us more options is just incredible.
They are the envy of the country. They continue to
be and I'm asked about Cincinnati when I'm on the
West coast talking in New England, They're like, my gosh,
you know, Cincinnati's really turned it around. How did they
do it? And I said, because the community is now

(05:21):
supporting low cost carriers and they're just flooding in here
and taking advantage of it.

Speaker 1 (05:26):
Unsung here is behind the scenes making things better for
all of us. Will continue, Amen, Why does an air
traffic controller need to warn a plane about avoiding mountains?
Big question I've got. We'll talk about that one a
whole bunch more coming up with I art Mediava Snacksbert
Jay Rattle If I hope you stick around, Spoz Kruger
will be a little busy this morning. Bread milk, stay

(05:47):
off the roads if you can't manage wet roads. I
art Mediavation Nextsbert Jay ratl If this next story that
you identified has got me a little bit puzzled. And
air traffic controller orders in American Airline flight to expedite
a climb to avoid mountains.

Speaker 2 (06:08):
What, yes, Well, that it's true, and we're trying to
find out exactly the sequence of events here. But the
American Airlines flight took off out of Honolulu, and there's
a correction in course after you take off in an
increase in altitude that for some reason wasn't being executed
by this particular flight crew, and the air traffic controller

(06:31):
noticed it and told them to expedite their climb. Now,
when the term expedite is used, it's used for a
very specific reason.

Speaker 1 (06:39):
It means do it now, you're going to fly into
a mountain.

Speaker 2 (06:45):
Well, they weren't. They weren't close to it, because I mean,
had they been close, dangerously close, you would have had
the traffic collision avoidance system kick in telling them low
terrain pull up, and they would have responded immediately to
avert any danger or impact into the mountain. Now keep
in mind that they weren't at that point, but the

(07:05):
headlines around the country all I read was, you know,
this aircraft narrowly missed the mountain, and you know it
wasn't really the case, but you know, hets off to
the air traffic controller who was monitoring it and saw
what was going on and told them to do it,
and the flight grew immediately complied. And right now they're
looking at somethings trying to figure out, Okay, what was
the reason for this. Was it a pilot air was

(07:27):
it some sort of a maintenance issue with some of
the components on the aircraft. Miscommunication. Yeah, I mean, they're
going to have to look at exactly what caused it.
But Brian, one of the things that to me, I'm
the most thankful for in this kind of a situation
is that a mistake was made and we can learn
from that and we can make commercial aviation safer as
a result, and no one got hurt or killed. Far

(07:49):
too often these lessons have to come at the expense
of injuries or fatalities. So anytime that we can learn
a lesson about something that's going to make aviation even
safer than it is, then I'm thrilled because we just,
you know, made a mistake, Yes, but whatever happened is
going to be communicated to airlines and flight crews around

(08:09):
the entire world. So we're all going to learn from
it and we're all going to see commercial aviation improve
as a result. Well all, if it was a dumb mistake,
it's going to be something highlighted that we can avoid
in the future.

Speaker 1 (08:21):
Fair enough, And you know, another illustration why it's nice
to have live people in the cockpit and also it's
great to have air traffic controls that are paying attention
and that everything fell into place and the problem was
indeed avoided. So you're right, I'm glad you focus on
the positivity, which is one of the reasons I like
you so much, Jay, You were always focusing on the positive,
all right, Moving over to try.

Speaker 2 (08:43):
To more than our friends at Boeing who were laying
off what seventeen thousand employees, and I mean the Boeing
CEO came out and said, I mean, look, we're a
low here. And his frustration is he told is his employees,
we're spending more time arguing among ourselves than trying to
figure out how we can catch airbus. And he's really

(09:03):
trying to change the culture, the mindset, the just the
just the thought process of the employees there, saying, look,
we've got one hundred thousand people that we've got to
be pointed in the right direction and if we're not,
we're gonna have problems. And his hands are full and
he's doing everything that he can. But look, they just
gave their employees a massive, massive pay raise, and to

(09:25):
think that that wasn't going to come at the cost
of some jobs, I mean, please hello, I mean, of
course they're gonna have to figure out a way to do
it because Bowen's losing money right now. They're not gonna
get paid till those aircraft get delivered. You got to
make them before they can deliver them.

Speaker 1 (09:39):
Yeah, I'm just waiting to have on your list, you know,
Boeing files for chapter eleven bankruptcy someday here, Jay Ratler, No.

Speaker 2 (09:46):
It's I mean, they're they're point well with all the
defense contract that they've got to I suspect they're going
to be getting a lot more here soon. They're gonna
be okay there, But on the commercial aviation side of things,
they've really got to kick it in the gear. And
as I've told you is if they get into bigger hurry,
do we run the risk of a making mistakes that
got us into this mess?

Speaker 1 (10:05):
Memory more than likely. Let's pause. We'll bring Jay Raydler
back because I don't want to give a short trip
to this next story, because yet I believe it can
happen in Haiti. But Dallas, hang on a second, one
more with Jay Rattler here on a Friday, Eve eight
forty five and fifty five KR see the talk station
fifty five KRC.

Speaker 3 (10:23):
What's up?

Speaker 1 (10:24):
Everybody, It's Peter Schrager. One more time for the weather
and one more time remind you get some snow out
there today. They say after three pm it could be
heavy at time. Let's just be careful on the road.
Thirty six will be your high today and that's right
where it is now a little bit lower, overcast, overnight,
breezy and some snow as well. Slick roads are possible.
Thirty for the overnight. Forty three the high tomorrow, with
a wintery mix in the morning, spotty light rain after

(10:46):
that moves out mostly claudi over night down to thirty seven.
Saturday is going to be a high of fifty with
mostly cloudy skies closing out at thirty five. Time for
final traffic Chuck Ingram.

Speaker 3 (10:55):
From the uc SCOLP Traffic Center. Are you one of
the thirty eight million American timpacted by diabetes? Got personalized
education and treatment options from the experts that you see
ol learn more at UCLT dot com. Cruse continue to
work for the wreck he's found on the Reigen Highway
near Galbreth. Traffic is heavy from Hamilton Avenue. You could
add close to an extra half hour northbound seventy five

(11:18):
between Burlington Pike and downtown. There's a wreck on seven
forty seven above Union Center, chucking fromout fifty five krs
the talk station.

Speaker 1 (11:28):
Have you ever been in the cockpit before? Man, it'd
be a very safe place to be understanding what the
next story is all about? Jay rattl if I heard
media aviation expert, this has got me kind of wigged out. Jay,
I've been concerned about the mass influx of immigrants. A
lot of people have no idea why they're here, what
they want to do other here. I'm concerned about potential
tarist cells all that, and I'm familiar enough with ballistics

(11:50):
and firearms and rifles to know that, yeah, pretty much
anybody could hit an airplane if that's what they want
to do now. It happened in Haiti, where there's so
much disruption, political discord, and they haven't had their act
together for decades and decades. They got gangs from the place.
It's basically anarchy. So it happens in Haiti, I can
kind of get it. But a Southwest Airline plane in

(12:12):
Dallas got hit by gunfire prior to departure, and that's
got me a little freaked out. Do we know exactly
anything behind the details on this jay, We.

Speaker 2 (12:21):
Do not yet, And one of the things that we
know is that at the time of it happening, the
flight crew heard something that they described as a rattle
as they were preparing for takeoff, and they thought it
was a mechanical issue, went back to the gate and
told the passengers on board there might be a possible
mechanical issue, and they obviously when got back to the gate,

(12:42):
they found a bullet hole in the side of the aircraft.
Passengers were simply re routed, most of them totally unaware
of what had happened, not till the news came out
later in the day, and then law enforcement got involved
so that they could try to determine, Okay, was this
a targeted event where somebody was specifically aiming at this
Southwest air Line seven thirty seven, or was it someone

(13:02):
a mile away or whatever that just an errant shot
that just happened to hit the aircraft. Now you have
the FBI as well as the Dallas Police that are
working together. They're going through some neighborhoods talking to some
people and trying to see if they can get a
little bit more information on how this can happen, because
obviously what we want is it to be some drunk
guy in the backyard that discharges a firearm and it

(13:24):
happens to hit an aircraft, versus somebody that would think
about doing something like that. So I still suspect it's
going to be the latter, not the former. But you know,
we're gonna have to wait and see where the investigation goes,
because you know, as you know, they can look at
how far it penetrated, they can look at the type
of bullet, and they can get an idea at the
speed at which it struck the aircraft, which can give

(13:46):
them an idea of the distance, and they can they
can reverse engineer it and back it up to try
to answer a lot of questions that right now that
we do not have, but hopefully in the next few
weeks that we will, because any sort of attack on
commercial aviation is a game changer for every airport in
the country. So that's one of the reasons when this
kind of thing happens, gets a lot of people's attention.

Speaker 1 (14:08):
Real quick, and that is a great thing. That's just
frightening to me. Hell, I grew up in Dell High
you know, I had friends who lived in Palisades. You
could almost touch an airplane getting ready to land over
at CBG from their neighborhood. So I have an appreciation
of how blank and dangerous this is. It's bad enough
that people pointing lasers at planes all the times, but

(14:29):
you know, actually shooting at them. That's his next level stuff,
all right, flag canceled. Joe Drecker mentioned Richard gear in
connections with this next story earlier in the program. I'm
not quite sure where he was coming from, but the
story involves hamsters.

Speaker 2 (14:43):
I still don't know where he's coming from. But that's okay,
that's Jo. But this one he's given me a hard
time this morning, and gave him a hard time. The
plane lands in Portugal and they open up the cargo
man to you know, take off the bags and cargo.
And there was a container that had a high undred
and thirty hamsters in it that we're going to a
pet store. It came open, so they popped that cargo thing,

(15:05):
and all of a sudden, you've got hamsters everywhere, jumping
out on the ground, taking off runt around the inside
of the aircraft, and you know, cue the Mission Impossible music.
Now you've got to collect them because when this kind
of thing happens, and it happens from time to time,
you have to make sure you collect every single one
of those little guys because if you have any that

(15:25):
are unaccounted for, you need to know where they're at
because they'd like to chew through little things like wires
and wires keep airplanes in the sky. So this aircraft
sat in Portugal for four days as they were searching
for one hundred and thirty hamsters. Now they got most
of them pretty quick, but there were eighteen or nineteen

(15:46):
stragglers that they had to go after and by the
time they do collect them brandon. They've got to also
do just kind of a maintenance sweep of the aircraft
knows to tail, ye, just to make sure that there's
not any components that might have been accessed that maybe
compromise by one of these hamsters. So it's a funny story.
Nobody got hurt. I mean funny. We were over there

(16:06):
waiting to catch the flight that was canceled for the handers,
but it was it was an inconvenience, yes, but nobody
got injured or anything, and it wasn't like they were
loose in the passenger compartment. That would have been a
lot more fun if you had one hundred and thirty
of them running through there during the flight. But yeah,
we've had situations that in Atlanta where we'd have planes

(16:28):
land that there was a bunch of white mice that
were going different places. In the box was cardboard that
got wet and they all came out and you had
white mice going everywhere when the door was opened to
undo the cargo. So it happens, and you know, they
took their time trying to find all these answers.

Speaker 1 (16:46):
Mister comedian that he just said, wait for it's the
next Samuel L. Jackson movie. You'll be coming out. We'll
be snakes this time. Aniehow as we always end hub
delays Jay Rayel of how's it looking out there to
fly to that?

Speaker 2 (16:59):
Well, we've had the icing delays this morning. I know
we're at the end of November. I still want to
talk about that. But Chicago, New York, Boston and San
Francisco getting hammered big time, some of these weather delays
in one to two hours. And if anything, because we
do like to look at the positive, it's this Thursday,
not next Thursday. So let's hope we get all the
bad weather out of the way now so the next

(17:20):
week we can enjoy some commerce. Guys.

Speaker 1 (17:22):
Amen, they say there's gonna be like eighty million people
traveling for Thanksgiving. Let's pray what we're.

Speaker 2 (17:27):
Going to be interesting? Yeah, pray for schoo because you
know it's you'll be working that not working that day.
I won't be working that day. So yeah, if you
don't pick another day, we'll just have to skip next week.
And gives me a chance to wish you an early
happy Thanksgiving now, my friend, a lot to be thankful for.

Speaker 1 (17:43):
Amen to that, brother, and a happy Thanksgiving to you.
And you are of course better half. God bless you.

Speaker 2 (17:47):
Jay.

Speaker 1 (17:47):
I always enjoy this segment. I'll look forward to doing
it again two weeks from today. Take care and have
safe holidays, my friend. It's eight fifty six at fifty
five car see the talk station Tech Friday tomorrow with
Day Have Hatter Every Friday at six thirty Donovan and
Americans for Prosperity on the HIGOT Senate Leader and Speaker
This morning, Bob Wetter get in touch with a wish
tree helps someone out in need this Christmas season. Bob

(18:08):
makes that easy for you to do the details at
fifty five krs dot com, along with Dave Harsanyi's book,
The Rise of Blue Anon. Check out the podcast and
get a copy of the book fifty five krs dot com.
God bless you Jay Star Joe Strecker for producing the
program and cracking me up multiple times today. I sure
appreciate you doing that and I'll look forward to seeing
you tomorrow. Folks, have a great day and stick around

(18:28):
for Glenn back.

Speaker 2 (18:29):
Look what it happened.

Speaker 1 (18:30):
This is the greatest political comment comeback of all time.
This has ever been two, three, four times today fifty
five KRSD Talk station. This repart