Originally Posted by
ToiletDuck
It just goes more than that. XJT is actually doing good business for the most part. As far as flying as a regional feeder for other airlines go they are making money. However they are paying Continental an extra 25% for the planes they took to make their branded flying with and that 25% is hitting them hard causing them to report a loss in that section. If numbers continue like they are I'm predicting XJT will give the ERJ's back to Continental to put them back into the black. Time will tell.
Please share your info on the "25%" info. Thats not what i hear. Also the planes wont go back to CAL unless they are for us to fly more for CAL. The loss was expected with all of our start up costs included in that. Shoud, hopefully start getting better. The loads are good and PAX love the branded stuff. The stock will go back up soon.