Originally Posted by
georgetg
LOL
FtB's Dog sums up that thread doesn't it ;-)
Agree on the sad state that we find ourselves in, looking at discount carriers as the measuring stick...and some say thats a stretch...
The MIT data is raw, I agree. Many variables will distort the numbers. But underlying all that is one simple truth: pilot costs aren't even close to being the deciding factor in profitability or lack thereof -- haven't been in a long time...
Cheers
George
You are correct again. It comes down to debt service, who holds the debrt, what can become a operational fee instead of a debt payment, etc. We are debt owned and outsourcing that debt off of our balance sheet and making is a cash flow position is all of the rave.
