Originally Posted by threeighteen

From a third party on the outside looking in, it looks like F9 is trying to minimize cash burn while being somewhat well positioned waiting for an upturn that will happen once the overcapacity situation in the ULCC sector gets sorted out.

Once overcapacity is solved, pricing control returns and things will look better. The current overcapacity is not permanent.

How the solution to overcapacity actually manifests is beyond my crystal ball, but the movement of the ULCC sector is absolutely heading in that direction.

Merger or Acquisition is still an option too, though I certainly wouldn't put any amount of money on it at this point. F9 might be better off just waiting.

I expect things to get better for F9 in the coming 12 months.

Take a deep breath for now. The ride sure sucks, but the sky isn't falling.