Originally Posted by
Tranquility
Slight correction, we were profitable in 2019 (Ted's first year). But, he took a efficiently running airline coming off our best performance in 2018 (granted, not our most profitable, but still profitable) and ran it into the ground...
Time for CEO #4....
Yep, his grandiose expansion plans were foolish and reckless. He ran the company right into the ground. He missed the week his Economics 101 class went over "The Diseconomies of scale". You cannot rapidly expand a low cost company when your margins are so thin.