Originally Posted by
Aero1900
Nope. 2019 is a big growth year.
Can'tStayAway has got it right. They have been promising explosive growth since 2015. It just hasn't happened yet. It keeps getting pushed back. Will it happen in 2019? Maybe, maybe not.
Yes, there are new deliveries. But an equal number of lease returns have been leaving. Each time that happens, the company pockets approximately $20 million (the difference between what the company buys the aircraft for and what it sells it to a leasing company for). It then leases the new aircraft with rates that have to reflect the higher price.
Franke and Biffle are promising big growth and fast upgrades at the same time they are dragging out a new contract absolutely as long as they can. Somehow the growth just keeps getting pushed back, and the contract never happens.
Come with your eyes wide open.