Originally Posted by ShyGuy

Of course it would! But Phildo specifically under-bid the ATL 900 contract thinking it would only be a shoe-in and the rest of the flying gained from Delta would make up for it. That never materialized. The same thing with Colgan's Q operation. It was underbid, and bid based on wage rates of Colgan pre-JCBA. Now the labor rates are much higher and we pay for the fuel of the Qs and Saabs. The money coming in is not eualing the expenses to operate the props.

And no, cutting them wouldn't put us at a disadvantage, in fact, it would give us an advantage by increasing net liquidity $ of the company. Selling off assets raises money.