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Old 04-12-2008 | 12:40 PM
  #12  
iahflyr
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Joined: Jan 2006
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Nevermind. My question was answered on another thread. VA lost $35 million dollars in Q3 2007. That is pretty crazy considering they only operated during 1/2 the quarter (they started Aug 8 IIRC). That is even scarier when you consider that the 3rd quarter is typically one of the most profitable quarters for airlines. And even scarier considering that oil averaged about $75/barrel in 3Q 2007. And now is over $110/barrel.

I am very interested to see the 4Q 2007 numbers. It sounds to me like VA could burn through that $100 million dollars in a few months if they keep operating the way they have.
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