Originally Posted by
stbloc
I'm not an expert on Xjet balance sheet but how could they be in the spot? The parent company still paying a dividend of 1.2% to shareholders and the stock price is giving no indication or showing volatility. I would be willing to bet your rumor is not true.
I didn't read the last quarterly call or read the future guidance, but the stock is not trading in anyway of a company thats about to file BK.
Can XJT file bankruptcy and Skywest not? If so, bankruptcy would allow them to eliminate jets under 70 seats. Can't imagine Skywest will let them lose money forever.