Originally Posted by
point80
Cutting expenses and losing a capital investment are two different things. The stock is tied to the contract. And by your logic UA should dismantle xjt. Not saying they should but that is your logic in your statement.
Now whats being said in Mesa management is that AA is renewing the contract but Mesa can expect a fleet reduction of 3-5 planes.
I don’t think UAL’s investment in XJT protects us either. The amount of losses and loss of revenue right now dwarf these “investments”.
I sold some of my “investments” recently at a loss.