Originally Posted by
Ted Striker
I think merger/acquisition is the only play left. We have no fortress hubs that allows us to control pricing, and always turn out a profit from. We are always one Hurricane away from wiping out an entire qtrs profits, when it tracks practically through every base we have. We’ll never be able to get to the margins that the big 4-5 have. Everyone has caught up or surpassed our product as of late. Back in the day, wifi and TV’s were a hot commodity, now it’s the norm. With out any business contracts, cargo, wide body premium, etc. If oil spikes, or the economy dips, there is no way we make a profit. We have no pricing power. We have all this debt to service, we dished out millions for a failed merger. This is all way above my pay grade, but I just don’t see how this continues long term without a merger.
I chuckle when the blue juicers fawn over the “product”. Literally everyone has passed us and if we go through with the economy seat pitch reduction to do mini mint we will have lost our only differentiation. United is doing free Starlink which is going to blow our POS wifi out of the Dominican water.