Originally Posted by
Directautogroup
The latest NEO problems are going to ensure this place is in the financial toilet for quite a while. Capacity cuts and captain overstaffing are both likely scenarios..
Well thats pretty much what the announced today on the finance call. They stated we are overstaffed, slowing growth, and delaying aircraft deliveries set for 2024 to be distributed 2025-2029. They literally said they need to slow growth and "digest"
And Teddy finally admitted that fast growth coming out of the pandemic wasn't a wise decision, no crap Teddy.
"Our growth is no longer constrained by pilots."