Originally Posted by
Rosens222
Walter Spracklin, an RBC Capital Markets analyst, said he expects the new LCC might be able to contribute a modest profit of roughly $952,000 in its first year to Air Canadas operations and potentially as much as $12-million annually by 2018 as it matures. By then, he said he expects it will be serving other destinations across the Pacific as well.
All this effort / annoying pax / annoying staff just to generate an estimated profit of a few million dollars - and thatīs if everything works out well?!? Guess I should forget everything I thought I knew about business and economics.