Originally Posted by
Aero1900
United turned a 9.8% margin, we turned a 9.2%
Delta however had a killer quarter at 16%.
We also revised our FY2023 guidance downward to 4-6% margin. The players on the call spent a lot of time tap dancing and coming up with excuses for that, including ATC, weather, and excess capacity due to higher than normal growth numbers. Will be an interesting stretch of time as the year plays out as Bill Franke has stated publicly during one of his recent interviews that indigo is not interested in carrying an investment that doesn’t consistently produce double digit margins.