Here's the 8K in case anyone questions the math.
EDGAR Pro
Contract Carrier arrangements brought in 21% of our revenues and delivered 47% of our profits. That pretty much explains why we've got DC9's and they've got E195's. That explains why our most prolific widebody is a type certified in 1978. How much more could mainline make if we would invest in a current generation fleet?
For almost my entire life, I've seen mainline managed in a fashion which most resembles a business liquidating it's core assets as they have been used up. We could use (and I do expect) a large airplane order this year.