Originally Posted by
ToiletDuck
Several are saying "Things are looking up" or "Our March numbers are better" or "We've hedged our fuel" but what I see is declining market share, operating in the red, COLAs, dwindling stock, and mainlines acknowledging they plan on cutting more regional flying. The place might be the best current regional to work at and I'll give it that. But it's financial health isn't looking too good. Come down off the cross and stop mixing the kool-aid trying to get the rest of us to drink it.
From the first post about XJT starting branded flying of "We aren't Indy air" to "If any management can do it ours can", "Oh it's operating startup cost", "we're looking to spread to new markets", "it takes time for brand recognition", and "oil is rising" it's all be said. I don't think anyone here has said any of the statements people are making are wrong. Yes fuel cost have something to do with it. Yes start-up cost will always hit someone. All true statements but no matter how you slice it the company is losing money. Some of your post look like the frog in the pot.
See Toilet, you seem to be coming of as a flamebait. You state no actual facts to say why XJT is going down, and indirectly insult XJT at every turn.
You ignore the fact we hedged fuel and that our March Load Factor numbers were 73%. I'm guessing we'd be better if we had not hedged? Give me actual facts that we are not financially sound.
Actual airplanes of RAH have been pulled from CAL, that is a fact. Where has actual airplanes been pulled for XJT?
As for XJT not being Indy, that is fact. Indy was operating all by itself and against United. Look at XJT's Branded system. We don't compete against the big guys and its less than 20% of our operation. If I had to start up my own company I would rather have another profitable operation helping it along.