Originally Posted by
stbloc
I am fully aware of what they do. You can't compare AA's finances at the time they declared BK to Skywest. AA was loosing hundreds of millions a quarter for a decade or so before they went into court. And looked what happened to AA as a result. BK court is a dangerous game and a last result for any company. Skywest has so many options at their disposal before declaring bk and screwing all their investors.
I agree. In the end they'll do what's best for their long turn business plan even if it means their investors take a hit in the short term. 50 seat lift is eroding, and Skywest Inc has a lot of them. Given the worsening staffing problem, parking planes that are still leased are not good for investors either. Wait and see, I guess