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Old 05-07-2014 | 05:10 AM
  #5950  
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PeezDog
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From: CRJ
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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.
As I said, us losing money is also your problem. Your growth and our shrinkage is called wipsaw. Skywest airlines is not special. Its a cog in the wheel of Skywest Inc.