Originally Posted by
N1234
Do you think INC enjoys losing money? They have been negotiating the contracts to improve the revenue side and they have been working hard to improve cost incl. what many at XJET considered a concessionary contract.
The end result is still revenue < cost and I don't think it is for lack of trying.
You can argue who's fault it is but I don't think anyone would want to shut it down if they had a choice.
As for giving XJET more profitable 2 cabin class flying .... What do you'd I with your money? Take it to a bank that delivers 5% interest or one that gives you 1% interest?
Inc is not losing money. XJT's IT dept, benefit dept, and others are all under the skywest part of the operation. Guess who is paying out of their pockets to pay those people.
You will not find an xjt ticker symbol, only skywest.