Adam Sosnick
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million passengers a year.
If you want to put that antenna up, it's going to cost, what, $200 to $250 million, which is a dollar per passenger.
Do you think one out of 10 passengers will pay $10 for a Wi-Fi?
I think that's a fair assessment, yeah.
About $10 a flight.
$10 a flight.
You're talking about somebody that flies regularly.
I'm talking about an average person.
It's 10 bucks a flight.
Yeah, just say 10.
Okay, so I just pulled up the numbers.
So the numbers say the average passengers that order Wi-Fi 6% to 8%.
6% to 8% ends up being one out of 15.
If it's one out of 15, you want to break even, you would have to charge $15.
If you charge $15, you'll break even.
If you don't charge $15, you do $10.
He just go based on the math, 66% of $2.50.
A third of $2.50 is what?
Say $83 million.
He's losing $83 million a year to offer Wi-Fi based on data.