Originally Posted by
Is offline
I've got financial reports all the way back to 2005 and not one ever made a profit. The branded flying never even came close.
You've got the wrong company's financial reports then. Here is the 1qtr 10Q from 2007, the last quarter before branded began operations. Net income of around $10M.
https://www.sec.gov/Archives/edgar/d...t10q033107.htm
And I never said branded made money. Only that once branded was shut down, the CAL CPA was unprofitable because of Skywest and so despite getting rid of branded, xjt was still losing money. Here is the first 10Q from after branded ceased operations. It shows a loss of about $11M.
https://www.sec.gov/Archives/edgar/d...33109final.htm
That's a difference of $21M per quarter just from the CPA that Skywest negotiated.