lowecur
Well-known member
- Joined
- Sep 14, 2003
- Posts
- 2,317
Motley Fool has been a staunch supporter of Jetblue, but really never a basher of WN. They take a swing at the incumbant king in this article, but do they really know what they are talking about?....a little.
Kelly knows that in order to continue their success they must grow by at least 10% per year. Gordon Bethune reiterated this many years ago. In other words they have to keep bringing in newbies to subsidize the bourgeoisie. Sounds a little like the Social Security System today. He hasn't sought to change the business model proactively, the system is dictating a new business model to him where he must seek high cost stations to place the expanding fleet in the next few years. Sound like a winner? :laugh: :laugh:
imp:
http://www.fool.com/news/commentary/2006/commentary06032104.htm?source=eptyholnk303100&logvisit=y&npu=y
Kelly knows that in order to continue their success they must grow by at least 10% per year. Gordon Bethune reiterated this many years ago. In other words they have to keep bringing in newbies to subsidize the bourgeoisie. Sounds a little like the Social Security System today. He hasn't sought to change the business model proactively, the system is dictating a new business model to him where he must seek high cost stations to place the expanding fleet in the next few years. Sound like a winner? :laugh: :laugh:
imp:
http://www.fool.com/news/commentary/2006/commentary06032104.htm?source=eptyholnk303100&logvisit=y&npu=y