Thread: Allegiant Air
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Old 07-10-2015 | 02:40 PM
  #3162  
tyler durden
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Originally Posted by G4er
Ok, I guess I have lost all credibility because the company is not making any profit after investing to get the Airbus online. How much are we losing per flight with the Airbus? I actually have no clue, I just assumed they were making money. And you know what assuming something does...Good thing we have the paid off Md 80s to pick up the slack.
Please re-read my post. You have it backwards: The Airbuses ARE making profits, higher profits than the -80 and investors are benefiting, on every flight. BUT the operation isn't.

I disagree with your characterization of 'investment' as those profits are not reinvested back to the operation, they are funneled to shareholders.

Like the -80 and 757, the already old airbuses are becoming unreliable because of lacking investment in maintenance, training, parts, etc.

Allegiant is a get rich scheme. Nothing more.

Peace out

Last edited by tyler durden; 07-10-2015 at 02:51 PM.