Originally Posted by
The Juice
NWA757 should do a search for the following:
COLA's
Parking Aircraft
$31.7 million 4Q loss
Point is, those in glass houses......
I love you guys who act like those that work at the "good" companies (myself included) are the dumb ones when our company loses money. Get a clue. I guess you would have been pleased as punch if your company just cut lose 69 airplanes and 700 pilots instead of striking out on its own, and evolving its business model? Fact is, the model for the branded flying IS sound. The only bad thing about it was the timing. But that was out of our control. If oil was still at $60/barrel like it was when this whole ExpressJet Airlines thing was cooked up and the economy wasn't in the pooper, the branded flying would be MAKING money and we would STILL be some of the best paid pilots in our market segment. I hope you're sitting down because I'm about to blow your mind: airlines do, from time to time, *gasp* lose money. Get used to it because there is going to be a run on red ink here in 2008. So why don't you go ahead and just keep an eye on your own house.
Oh and FYI, XJT has not parked any airplanes.