Originally Posted by b707guy

Well, when CHI bought ATI, we actually took a delay out of LAX so the new ownership paperwork could be updated, it was that important to them. I'm sure insurance drove that more than anything. Either way, CAM, at the stroke of a pen, became the owner of all of our aircraft. No idea whether our cheap DC-8s were bought for a symbolic $1 each, or what, but now we had to pay lease rates on planes we once owned. I'd guess ABX owns none of theirs, either. What better way to manipulate cash flow accounting?

I have no doubt that ATI was losing money after BAX shut down. We had planes and people sitting, huge training costs, minimal consistent revenue beyond the combis. But any claim of losing money at this point is either an outright lie to cover up the accounting shenanigans, or a lit neon sign that we have no business being in business, because we obviously can't cut it .