From the CFO email, our cost advantage is now 9% vs the legacies. Our pilots, FA's, tech ops, and AO are among the lowest paid in the industry. We are more or less a single fleet type. So where did out cost advantage go?

Tech ventures.
Huge management structure.
Management bonuses.
The lodge.
Underpaid staff wrecking the operation.

Any other thoughts on where the cost advantage went?