Originally Posted by BoilerUP

Both Mesa and XJT have a branded divisions producing large losses; their fee-for-departure business is profitable. Never the less, I spoke in absolutes and you rightfully called me on it.

But since you asked...I believe Allegiant is the only passenger airline other than SWA and fee-for-departure regionals that have thus far reported or are projecting a profit for Q1'08.

PNCL's report is due out May 8th; they are projecting a profit.

RJET reported a profit April 24.

SKYW's report is due out May 7th; they are projecting a profit as well.

No way to definitively tell with TSH & AWAC as both are private...but I'd say its a safe bet Hulas and the Amigos aren't operating at a loss (more like a 7-10% margin).