Thread: Q3 results
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Old 10-11-2019 | 12:29 AM
  #73  
Vincent Chase
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Joined: Sep 2015
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From: I got into this business so I wouldn't have to work.
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Originally Posted by notEnuf
Profit from the LATAM deal shouldn’t be much of an impact. Initially there will be conversion costs but EB has forecasted a $1B increase in revenue over the next 5 years. This will come with relatively low cost because of the ability of the eventual JV to better connect and fill each other’s seats, along with price and capacity control. Long term it will be a net profit generator but initial costs and approval of the deal will have some impact. Essentially what is good for our owners is good for our profit sharing but I wouldn’t count on any significant increase in delta metal operations. The reason we are buying them is to instantly have access to market share instead of growing into it.
That's what I think, as well. I would hate to get a double punch in the nuts by it reducing profit sharing, as well as not adding routes to our metal.
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