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.
Why to you need a bunch of extra engines for brand new aircraft? Swapping engines on a regular basis doesn’t seem like a move in the right direction finance wise.