Originally Posted by
SmoothOnTop
Aren't start-ups supposed to lose money (it's planned for) ?
Don't they need to reach a perfect mixture of number airplanes - seats sold to offset the capital/overhead start-up costs ?
And then once they exceed the 1:1 ratio- that's when the profits roll in ?
Just thinking about the model. To be blunt, I'm most upset about the APC noted 18-24 month upgrade.
The whole thing sucks now, but it's the environment we're in.. the lack of pricing power, the sky rocketing oil prices, and to make matters worse, the housing/credit/economy crunch.
We will make it, but it will take that much longer to get there..