Originally Posted by
leftapproved
So Breeze lost $166 MIL on $383 MIL in revenue in 2023. Yeah, I get that fuel was high and fares were somewhat low, but considering we already "spend smartly", how does Breeze overcome the loss? It doesn't seem possible to "cost cut" our way out of it. We scaled ops to almost double last year, yet the loss actually grew from 2022, so scaling won't actually fix the immediate issue. It seems the only way Breeze can overcome the loss is to increase revenue through market maturation. I would assume the credit card goes a long way towards that, but raising fares as an ULCC, especailly one that stimulates traffic, is almost.....impossible? If more money will be raised, I'm not so sure DN is going to have much control left....
Genuinely curious to hear opinions on how Breeze gets out of this hole.
You’re talking about 22 and 23. It’s the year 2024. Not sure if you know they said they’ve been profitable at least March and April. So things are trending good… But it’s definitely tough time for the airlines at least LCC