Scarlet Fu

So this sounds like late cycle behavior?

All right, Jim, always a pleasure speaking with you.

Thank you so much for sharing some of your time with us.

Jim Chanos is founder of Chanos and Company.

Well, David, for anyone who's not familiar with your resume, every airline you've founded has done something to be disruptive, to reshape its home market.

Morris with e-ticketing, JetBlue with more comfort for reasonable prices, UL making secondary cities in Brazil, connecting them.

For Breeze Airways, what is the disruption here that you're trying to bring into the market?

David, it does fit.

feel like an industry, though, that is split into the haves and have-nots.

And in the have-nots, you have Spirit, which maybe has its own issue, but serving a lower income market.

Then the big airlines, United, Delta, talking about that they're doing well because of luxury.

Ed Bastian yesterday at Atlanta Fed Conference saying that you have the lower end of the consumer spectrum, it's tough.

And then he goes on to say all of the other airlines are basically going to lose money

or come close to losing money.

Again, talking to airlines that aren't serving the ultra luxury customer.

David, do you think he's right?

Well, David, you've done it before.

We're looking forward to following along your journey with Breeze.

David Nealman of Breeze Airways, thank you so much for joining us this morning.

You certainly ask interesting questions.