George Ferguson
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think the challenge here is that since the pandemic, JetBlue really hasn't performed very well in cash generation.
Part of it's been that attempted merger with Spirit.
But also recently, the low end of the flying public, the basic economy business has been pretty rough.
Fares have been lower than needed, I think, to get good profitability.
And that's going to bring broadband revenue and it's going to bring direct to sell revenue.
The pivot to the moon and Mars, I think, is a little more about sort of marketing than it is about revenue generation.
I'm all about revenue and profit generation.
Now we're facing this AI arms race with China.
We need more power.
We need energy addition.
The way to have energy addition is to stop getting rid of the stuff that already works.
And of course, that includes our fossil fuel baseload.
In the PGM market, 70% of the power was coming from hydrocarbons during those storms.
I mean, America and the world is dependent on it and is going to be in the long future.
Gotcha.