Originally Posted by
Andy
It was always a bad business plan. And now it appears that the company is unable to raise additional capital. Without additional capital, this company won't make it to summer 2024.
I’d probably say they can survive quite a bit longer than that, the airline game is tough. But these companies find ways to survive. As long as they can continue revenue growth and manage costs. I imagine 23Q4 will be better for them as they reduced hiring, slowed training and likely had increased demand (Nov/December).