Originally Posted by
benzoate
Wholeheartedly agree but at some point you have to stop spending money you have no chance of paying back. In 24, jetblue said 25 would break even. In 25, same thing for 26. Keep in mind their plan is for a perfect macro environment. That ship sailed long ago so 26 should not prove profitable. When does the investment community start to push back?
To your spirit point Im as confused as you are. I got through a lot of that 200 page bankruptcy document and it appears to me the leases and very limited infrastructure are all they have.
I agree with this, but would offer one thought...
Were in the long game. We cant just try something for 6 months and say that it didn't work and try something else. We have to commit - for better or worse - for the long haul to allow JetForward (god, I hate saying that) to gain traction. Its like pulling out of a route after 3 months because it wasn't profitable...
This year will be telling for sure, and would have given JF nearly 2 years to produce results. After that, time to drain the swamp.