The earnings call read about as well as a JG email, regergitating everything we mentioned at the begining of the year while playing the "we'll get em next year" card.



Capex decline over 5 years with "plans" to grow. That means we are not growing (at least not enough to compete).

We maybe get 4 AOG back in service and we'll only have about 60 aircraft with first class installed by EO2026 and 50% by EO27 (speculating on 2027)

Another round of raising capital (not as big as the last round) will be required expecially with maturity of some debt in April26

Adding flights back to FLL that they took away (winning). Spirit dropping out of international gates helps with some expansion there.

Expecting to break even or be profitable in 2026 (caller mentioned this in Q&A as dejavu from last year)


Summed up as "we have no good news but we sure hope you are gullible enough to think we'll have some next quarter"