Originally Posted by
Captain Tony
ASA was a cash cow when Delta owned us. That's why SkyWest was willing to pay $450 million for us. We kept delta afloat leading up to and during their bankruptcy, and our sale financed their exit from it. Very convenient that you chose to ignore this and flame the XJT side in your "rebuttal". Better go get another management degree.
It must be rough going through life so disgruntled, unhappy and angry. Life is far too short so you might want to seek some help before it's too late.
SkyWest was willing purchase ASA because it secured a 15 year contract through 2020 with nice margins for both sides. That contract also guaranteed a minimum percentage of DCI flying in both SLC and ATL but even with the profits ASA's making XJT's dragging them into the red. Remember Comair was also a cash cow for Delta who paid $1.8B for them in 1999 and then shut them down almost 13 years later (2012).
Would you rather Delta had shutdown ASA as well or are you so delusional as to think they wouldn't have?
Last edited by MatchPoint; 07-06-2013 at 06:31 PM.