Originally Posted by
GrumpyCaptain
Delta made 75% of their profit from premium cabins. American makes almost all their money from credit card and frequent flier programs. We have non of those things.
Actually mortgaged our FF program to the hilt during CovID. I imagine we can’t borrow on it anymore. What’s left for collateral to borrow more money if the merger gets scuttled. I don’t see much.