Thread: Sinking Ship?
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Old 08-13-2023 | 09:37 AM
  #80  
Mooneyguy
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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?
i don’t disagree. We could be doing better and wall street knows it. The fact is though, franke hasn’t fired Barry. Franke owns this airline, IF he wanted changes made they would be made. The only obvious explanation is they are happy with where they are, Right now. I absolutely believe franke has something cooking in the back ground. He has a plan, and I don’t think Barry has a clue. He won’t be a part of it.
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