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I agree. 4th qtr earnings call will be even worse. Block hours are way way down. Numerous birds across all customers are sitting - I guess there can be Christmas without Amazon 😂Originally Posted by AboveMins
I wonder if the investors will eventually sue management for misleading shareholders, a la FedEx? Last earnings call led me to believe they're starting to see through the thin veil, and it's only going to get worse from there.
Last year the “boys” said block hours in excess of 340k for 2019. Q3 earnings has block hours have been adjusted to below 320k - I suspect we will do closer to 300k for the year. For a company that charges 20k per block hour on avg. 40k “lost” block hours, not to mention the lost bonus, share price, and reputation-it’s amazing they are still in charge.