Originally Posted by
The Juice
You are correct. People just assume that Colgan made money because they flew props at low wages. The flip side is with $100+ oil, half full planes, plus major mx costs, it is hard to not lose money.
I guess that's why Silver asked for as much money as they did. And with oil going up, who knows if that will be enough in the future. I'll be curious to see the reaction from the DOT.