Guys large businesses rarely just close doors (Enron the exception). They will file Chapter 11 to restructure prior to doing anything like that. If anything was going to happen, XJT would be absorbed into Skywest. I’m not saying they are doing very well or even making money but there is normally a gradual shut down. I wouldn’t read too much into buying a sim or repainting planes, they will continue business as usual until something major happens. I being reading about XJT going out of business since 2002. Just do a search on this forum or others, it’s been doom and gloom for 16 years.