Originally Posted by
sailingfun
You posted they were doing great in Q2 and Q3. I think you said they told you so in a CP pilot call. Are they lying in their Form 41 data about the incredibly poor performance? Margins in the industry are going down not up. What do you base your latest profitability forecast on?
They did do great considering in Q2 they went from -130 margin to -28 a year later with 3 or 4 times the revenue. Id say that’s not bad. They told us rising fuel prices starting this past October will push the profitability projection further into 24. They just brought in a second A220 sim.