I am a little surprised Mr Market didn't go harder than a 10% drop based on some pretty average results. How a company can keep a straight face and use a metric like EBITDA for an operation that is so reliant on P,P&E is beyond me (they literally don't have a product without the planes) but they tried. I am guessing they wouldn't hire the person who attempted to write; Flat revenue (only saved by government data set sale at the death), costs escalation outstripping any pricing power, Net Loss of $4.2m which is 7x worse than the prior year.
I don't own but have previously, think i might be on the sidelines for a little longer