Originally Posted by
The Juice
Nobody knows what is going to happen. These "major changes" are so unclear. Boo hoo, PNCL Corp still made money, 12 to 15 cents per share is a profit unlike how many airlines out there?
PNCL Corp knew Colgan had to pony up their own fuel and pay their operating costs, this should be no suprise to the genius' and rocket sciences they have working up at HQ.
So where is our raise? When do we get a taste of the goodness when company makes a buck...that's what I thought.
Your comparing apples to oranges. Compare PNCLs earnings with Skywest, Republic etc... not legacies.
When they purchased Colgan they did not expect oil to be where it is now.... investors won't be happy next week and will expect solutions to stop the bleeding on the 9L side.