Originally Posted by
Directautogroup
They are focused mostly on cutting costs.
They have not articluated a plan to increase fares/other revenues besides vague network adjustments and reduced off peak flying. They are retreating to FLL once again as their sure thing.
The forward earnings outlooks are including undisclosed sums from Pratt. Without those we would still be cash negative.
New HQ is worth $200 million and they own it free and clear, but plan to mortgage it for cash.
This seem like a good path forward to anyone?
I'm sure like most of you all, we're practically forgetting about the appeal, but is there a chance that plan to increase fares will be articulated in court?