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Posted by
Two Blokes Jul 26 -
Filed in
Stock
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The company's past profitability was driven by a strong domestic market, its young fleet, and a non-unionized workforce. Since 2015 the company has faced significant headwinds from higher operating expenses and a shift in travel towards premium experiences and international markets. After the failed Spirit merger, the company has built a plan called JetForward to add $800M to $900M in EBIT until 2027.
