Originally Posted by
NVUS
Anyone that can read a 10K filing can see exactly what's going on. XJT lost $50M last year, while SkyWest made $130M. SkyWest is ADDING to its 50-seaters because they turn a sizeable profit on them. Went from 154 in March to 160 currently (and counting). The only effect XJT has on the SKW side is pay. Hard for the company to shell out some raises for the side turning record profits when those profits are needed to cover the losses on the other side plus having enough left over to keep the investors happy.
Obviously, you have never read a 10K filing before from a company that knows how to cook the books. Well, now you did! You need to break it down way more then just the black and white so one day when you would like a lesson on finance and how to make uncle Sam eat my business expenses shot me a PM i'll be happy to school you.
Or someone on here can just cut and paste for this "poor silly soul".