Just a quick expansion of gizards stats on Emirates flights .
Emirates moved 19 million passengers last year but that is well down on pre Covid when they were moving around 58 million a year .
Let’s say the FRX first year deal is offered to 7 million passengers . If only 2% ( 140000) of passengers took an FRX offer at $50 that’s $7 million in revenue .
Now imagine if we get back to pre Covid travel levels of around 50 million and 2% ( 1000000 ) of passengers take the FRX offer .
And this is just one airline . A lots got to happen yet but the potential scale of the FRX business is pretty crazy .
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