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Old 03-29-2024 | 03:45 AM
  #4802  
sailingfun
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Originally Posted by Slipstream921
I was really skeptical a few months ago on if the company was going to survive. But I feel way better now. I think the C suite is actually really trying to get things moving in the right direction finance wise. They’ve done another round of capital fundraising; and they have a bunch of extra engines that will be available to swap (thanks to the Egypt deal). As more aircraft come online, they’ll be more flying, larger revenue streams and a larger economy of scale. It’s come a long way, and things are trending positive- particularly versus the rest of the issues the industry has had.
Can you give details on the new fund raising? So far nothing reported on that is available.
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