Originally Posted by
leftapproved
So tell me what changed in 2024? That's my question. Costs cannot be cut any more. Is Breeze commanding a higher fare? Is fuel dropping? March/April were profitable from a charter standpoint. It accounted for $43 MIL alone in 2023. March/April happen to be the highest charter months.
If you look at the revenue vs expenses from 2022 to 2023, the margins are way better now. Q2 of 2022, it was 28mil in revenue and 64mil in expenses. Q4 of 2023 it was 120mil in revenue and 152mil in expenses. Just based on the trend and economy of scale, we should be getting close to becoming fully profitable end of this year.