Originally Posted by
dracir1
I think it’s going beyond that now.
Franke may be asking why his profit margin is the same as all the others whose cost structures are much greater. Why aren’t we MORE profitable given how we operate? He’s no dummy. The very cost structures which are supposed to be advantageous (less gate agents, cheaper ground staffing, etc) aren’t proving to be that way.
We aren’t even close to maximizing profit. With the lowest CASM in the industry, why don’t we have the highest profit margin?
Ultimately, Wall Street (right or wrong...) "votes" via the price of the stock. ULCC is the worst performer of JBLU, SAVE, ALGT, ULCC:
Stock Chart