While I have no knowledge of the books I wouldnt say this is a safe assumption to make. XJT, TSA, Pinnacle, PSA, AWAC all seem to be doing great and they are all rj companies.

I would assume (yes Im only assuming) rj;s are not working out for horizion because of the market they serve. How many people want to go to Chicago, DC, NY, Atlanta, Houston, and Philly compared to Portland, Eugine, Santa Barbra, Helena, great falls, and Calgary?

Im not saying these cities arent as populated as the eastern ones but I couldnt imagine that there is a demand for many 50 seater jets.

Most of the bigger cities out west are more spaced out that Im sure it could be more cost effiecent not to use a regional to service them.