Originally Posted by
Cujo 665
It's still be a win if half the new hires left within 6 month, rather than paying legacys rates in a new contract. Why are y'all so surprised. Don't y'all know this is what an ULCC is all about.
It isn't a surprise, its confirmation of a mgt position that any hiring shortfalls are actually counted on as part of a cost saving measure. The slides also mentioned that they're leaving revenue growth on the table due to aircraft orders being insufficient to service all identified profitable markets/routes. That makes it reasonable to wonder if they're failing to report an impact on earnings growth due to not meeting hiring targets, in addition to not having enough aircraft on order (reference bottom line statements on slides 9 and 11).
Inquiring investors want to know this stuff
