After years of fighting to receive the necessary permits to base aircraft in Ireland and fly them to the United States one of the first destinations might not be able to handle expanded service. I suppose the good news is that Norwegian never announced Cork-Stewart service (Providence only) but there is some irony there.
Frontier is reportedly looking to become publicly traded. The profit numbers seem to support that plan, though who really knows in the airline world.
Seth got to poke around in AirBaltic’s CS300 in Hamburg last week.
And, thanks to listener request, we talk a bit about why we spend so much time on planes. Leave a comment or question and we might talk about your ideas next.
Enjoy the show!
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please explain this further: “Frontier is reportedly looking to become publicly traded. The profit numbers seem to support that plan…” Are you saying that 1)companies have a goal of becoming profitable so that they can be publicly traded? Or that only profitable companies can be publicly traded? Not sure I get it.
Generally speaking investors want to see some sort of pattern towards profitability. That doesn’t necessarily mean profitable in the now – clearly there are plenty of companies that are not profitable that are also publicly traded – but a responsible, long-term investor looks for that sort of thing. And Frontier’s numbers are pretty solid these days, along with the rest of the industry.