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But we're not trying to reinvent the wheel, we're trying to save the profession from selling itself out.
agreed it’s about the revenue stream and how profitable it is.Originally Posted by zerozero
Ok, thanks for the lesson.But we're not trying to reinvent the wheel, we're trying to save the profession from selling itself out.
The pilots at atlas have seen the company purchase a dozen or so wide bodies with cash. These are airplanes that they aren’t even flying. They get leased to other airlines for a pretty low return. The company has paid a 100 mil price fixing fine and bought southern air for another 100 mil with cash made literally in a single qtr. they recently bought 22 767s mostly with cash. They probably (we don’t know for sure) just bought close to a billion dollars worth of new 747-8s with cash. While this is all great for the growth story it also tells another. It’s pretty clear to a lot of us there’s plenty of money on the table to have an industry standard deal. And that’s all in the past The rev per block hour this year would make any legacy airline ceo grin.