[QUOTE=Coffeebean]
Once again, we see one of Parnel's classic retorts.
Brilliant. Simply Brilliant.
ACE's consolidated Oct and November loads are a matter of public record. 9b asms and 6.9b rpms = 76.7% load factor.
Capacity will increase somewhat in December, but only in the latter half of the month. Last year, they did about 4.4b asms in the month, about 14% higher than November 2004. That suggests ACE will produce about 4.7b asms in Dec 2005.
So, if you are keeping track, that results in a breakeven load factor of 79.6% and an operating loss including interest expense, of about $78m.
Even if all that were true, and I say its not, the business model is working and the overall corp will show a profit.............The one trick puny pony has income from flying only and if AC's numbers are below break even we'll also wait and see punys numbers............wonder if they are going to put bonuses in the cost line this Q.
And gee, AC did not cancel any routes this month or last