Originally Posted by
BoilerUP
Optimism is good, Lord knows everybody in this industry needs some...but how can one honestly say "As for financial trouble, we are fine" and "Fuel won't affect us as much as others" in the current environment?
In case it hasn't been made blatantly obvious in the past, I am 100% for Expressjet and really wish nothing but the best of success for your company and your pilot group.
I just don't get guys when they say stuff like this. I was pointing out the fact we hedged fuel at $2.40/gallon, for all of 2008, on all the flying that we have to pay for it. If this somehow doesn't help us, if we didn't hedge, please explain how. Last time I checked fuel was at $112/barrel, so if we didn't hedge at 70% we would be sitting in a much worse position.
I'm sorry, I don't believe in being pessimistic, because that will just drag the company down. As for just ignoring the truth of a company going down, I'm not advocating that either. When I state actual facts for XJT and you state we are in trouble and then state no facts to back it up? I'm sorry but you need to do a little better than that to prove your point.