Ccia was in the black since 1995, even through all the BAX years. Peter fox never wanted a world wide carrier, never wanted wide bodies he was very happy with the relationship with Bax and also the little bit of DHL flying out of Mia which was also very profitable. We had contracts with emery that went away, and the post office that went away. Bax ended up being the only game in town for the domestic 72. We still made money, not much.

Was it as profitable as ATI back than ? Absolutely not. But don't forget at one point in time express net, kitty hawk, and cat were all sitting on the Bax ramp in 72s trying to get a piece of the pie. So their was never big profits to be had. Which means the pilot contract was also never lucrative either.

Fast forward to Bax/DHL and ATSG new owners. They grew us to a point that was not sustainable because that's what they new, the crews were screaming you cant do this. They wasted tons of money on bad schedules and over staff. Their was no way we were gonna be profitable while our new management was going through a steep learning curve.

So all that got eventually reduced drastically the other way. Where are we now is pretty much the way we use to operate for Bax. Our management went through the learning phase and we are operating normal.

As for FAA, all the LOIs we had that Ken O helped us get, got cleared couple of years ago. I know their was lots of threats of fines I don't know if they were mitigated down or if they were settled to zero. All that was done a couple years ago.

Do we have a great operating certificate, no, I never said nor any Ccia person is gonna tell you it is. Do the 72s bring anything ? Of course they do, they have contacts and operating revenue just like the 75s.