Originally Posted by
bbtp
pretty sweet - they're darned near 100% leisure, i would imagine. so even thus customers the aai ceo calls "inelastic" [sic] are continuing to snap up the leisure fares when the value is good...
to put the margins in perspective - LCC fell short of ALGT's shrunken shrunken even on its best quarter since coming out of bk. DAL's margin on their BEST qtr since bk was about 1/3 of ALGT's margin this past quarter.
the naysayers claim you can't make money selling cheap tix, serving secondary markets and targeting leisure travellers. the company shined in one of the toughest quarters in history.
you better bet ALGT wouldn't even exist under regulation. yet, there's room for them to serve an underserved niche in a deregulated environment.
I can't find your email address, send me an email again and I will forward you some really interesting info on corporate greed at the skybus BOD level.