Hi Stock,
Thats the main problem, commission the % on cheaper flights
They have spent very little on the acquisitions.But bought some fantastic technology.In some cases those companies have approached FLT to be part of business.Feather in cap?
Some crazy amount of money in a lazy balance sheet maybe $450mill.
They have spent big on ramping up online and as I said i think they will out sell web jet in a year or so.
You can't have it both ways ,sell the stock because of fading model then sell it due to investment to improve online. imo. Or maybe you can lol
Shorters they make some serious money from this because it always bounces back so they trade it both ways.
Aloha
Share Price Fall, page-77
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$17.31 |
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Mkt cap ! $4.754B | |||
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