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Old 09-23-2011 | 03:23 PM
  #2  
chi05
Gets Weekends Off
 
Joined: Apr 2011
Posts: 128
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The current market cap is just above $140 million. Even with all of the debt RJET, or at least its pieces, is worth more than that. I wouldn't be surprised at all to see RJET bought out and then broken up. The current business plan is unsustainable. They're already drawing down in Milwaukee. Denver cannot continue to support three airlines and I don't see UCAL or SWA going away anytime soon. BB knows how to run a fee-for-departure airline but throw in those things like paying for your own fuel, marketing, scheduling, etc. and he's in way over his head.