Originally Posted by
Stayontarget
Im referring to the turnaround time. Even if they break even how do you go from losing 70M to gaining 10-40M in a quarter? What changed?
That’s all we are talking about here. Minimizing the cash burn for Spirit. Perhaps Spirits recent moves will cause a similar turn around for the better.
If NK has no bumps in operations along the way and makes no major changes, it liquidates in 6-months. NK has to get to only producing profitable routes and more cuts and efficiency from employees and operations to be able to pull this off. I believe time is against them but hoping I’m wrong. What boggles my mind is why NK management exited BK1 without truly streamlining the airline. What a mess!