Originally Posted by
AutoBrksMedium
Unless the airline is being used to show losses for tax purposes while the "real money" is made elsewhere. How is money made on leases? Does Indigo lease aircraft to itself???
if you don’t understand SLB profits and how incredibly important they are to F9, you really need to head over to the Frontier Investor Relations page or somewhere else to read up on that. Kirby blames us for over-supplying capacity, but he doesn’t mention the fact that we have to keep taking these planes because the operation is not independently profitable without SLB.
The idea is to keep the operation profitable or near profitable with these SLB profits until F9 has the scale to be profitable without SLB profits. At least that’s my understanding.