Thursday, March 02, 2006

Many Festival Airlines Reports Today

And there is a Pensacola press conference upcoming that the PNS people do not seem to know much about. We're not big proponents of PNS' revenue potential (let's hope it's just a mx base) and the fact that the pre-existing relationship there seems to be relatively weak is not a good sign. We like the reports and space in the website dedicated to explaing how the venture plans on relying heavily on other travel-related revenue streams. They appear to have the team to execute that aspect of the business. From what we can see that aspect of the business appears to be more like Allegiant (acting as an agent for packages) as opposed to the USA 3000 model (equity stakes in the vacation supply chain).

Other links from today:
http://www.wqad.com/Global/story.asp?S=4575953&nav=1sW7
http://www.suntimes.com/output/business/festivalair02.html

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