Takes a huge amount of money to expand so aggressively, I agree with, but with a fleet of over 100 aircraft should they not be making money now, which would allow them to fund their own expansion?
I did read for last year or last quarter they made a loss of $10 per passengers flown.
Investors will want their money back at some point.... And why invest more if your not seeing any returns, you don't invest out of good will, you invest to make money.