Originally Posted by
No Idea Either
I love all these comparisons to Tiger. They were a basket case. Sold for $1 a decade ago to VA who took on the $200 million in debt that they owed. Then operated on the mother’s teat for years, finally barely scrapping a profit just before the disaster of COVID-19, but always with the safety net of the mothership. REX the new tiger, I think not. You may be right SHVC, they might just plod along but they will incur massive debt unless something happens…….like say an airline collapse…..oh wait a minute, didn’t that happen already but they didn’t really collapse…………..
After spending some time at Tiger I can tell you that there was nothing wrong with the operation. Loads were excellent on most routes. The only thing that Tiger inherited from the mother’s teat was clapped out 737s and clapped out CEOs and managers. It was never given a fair crack.