PPRuNe Forums - View Single Post - Will Sunwing last?
View Single Post
Old 25th Nov 2008, 16:06
  #51 (permalink)  
Rubberbiscuit
 
Join Date: Jan 2006
Location: The other London...
Posts: 44
Likes: 0
Received 0 Likes on 0 Posts
Crazy Woman wrote:
"The fact is Sunwing is struggling, and no one on the street knows what the financials are and that is a concern." That statement right there is contradictory and shows you know as little as the next guy! For what it is worth, the Hunters were named entrepeneurs of the year by Ernst & Young after they were given access to and reviewed the books last year. That does not mean it is successfull today. When XL went under however, Sunwing was able to replace a significant number of leased aircraft unsolicited and in short oder, I would like to think that says something. It may not mean anything but fuel prices is down 60% or so and prices on hotels etc are way down in many vacation hotspots due to the american economy. That has to make up for some lost business due to the overall economy. It is profitsharing time soon and everyone is curious as to what that will look like. Last year everyone got 15% of gross earnings.

On a different note, where do you get the Idea that Sunwing was/is for sale? Or that we are folding specifically in the 2nd week of January? You are either one of the Hunters or have sick sense of humor! That said anything can be bought for the right price. Jonny is right, your lack of tact and attitude towards fellow aviators tells me you have not had the rug pulled out from underneath you yet. As for the karma idea... you just never know!

Last edited by Rubberbiscuit; 25th Nov 2008 at 16:24. Reason: Edited for content.
Rubberbiscuit is offline