Originally Posted by zoooropa

Not possible. If we look at Q2 in 2013 we had about $330MM in revenue and a net income before taxes of $14MM. In Q2 2012 we had $370MM in revenue and a net income before taxes of about $14MM.

We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.