Originally Posted by
Golden Bear
Does anyone believe anything Orenstein says at this point?
He may actually be telling the truth, sort of. Mesa's US flying was originally granted as real sweat-heart deal with cactus back when cactus was in BK and mesa loaned them money. The rich terms of that deal financed OJ's shenanigans for many years. So I suspect that SKW did not get as a good a deal as the original mesa deal.
But SKW would not sign up to operate at a loss either, we are nowhere near that point. Also SKW has a tremendous economy of scale advantage over mesa. 6 Dashes? That's a lot of overhead (Mx, training) for a tiny income stream.