Originally Posted by
ZeroTT
Here’s the scenario where hiring makes sense
AA is shopping PSA to private equity firms. The airline will come bundled with a long-term contract. The numbers will show an X% return on investment. The bigger psa is, the more revenue, the more profit, the more a buyer will pay
and my guess is flow stays intact. Doesn’t cost AA anything really and helps labor costs to newPSA
I just fail to see how decreasing profit margins by increasing labor costs will raise the sale price. But I know as much about selling an airline as I do about humpback whale migratory patterns.