Originally Posted by MileageAddict
It doesn't matter if DH has figured out what routes have robust RASM. The bottom line is they have a poor leadership and a defective business plan that leaves absolutely no room for errors and most likely, no room for financial recovery.
Though you do have to admin they have an uncanny ability to stay out of bankruptcy. They have managed to pull cash and structural modifications out of a hat to survive months after a bankruptcy seemed like the only option.
I get the feeling that the looked and BK options, and discovered that Ch. 11 wasn't a viable option. So, they decided to work as best they can to work out their own survival. Will they succeed? We will see. If they would have restructured a year ago and cut back their RJ service, and actually taken deliveries of the the Airbus jets, they may be teatering on the edge of profitability now. However, now it may take a near lawless execution to make it. (And they have to survive a couple of lean travel months before they make it to the holiday season.)