So today I herd some pretty interesting finical figures about DH as Independence Air.
We all know they lost $450 million since starting operations.
If fuel was FREE, they still would have lost $200 million.
In order to break even, if fuel was FREE, they would have had to raise the fares by 43% or had a 110% load factor.
After hearing those numbers I just was wondering what they were thinking starting an operation that they did not price to even cover their expenses?