Originally Posted by
RightSeatDude
At the risk of sounding too cynical... what makes you think any of the flying is profitable? XE lost what, $60 - 70 million last year, with Continental beating XE down for lower rates? It's going to be increasingly difficult to blame this all on branded set up costs.
The problem stems from the contract with CO is it was originally written. CO was to pay costs plus 10%. That immediately created a corporate culture where there was no incentive to keeping costs down.
Keepin' it real.
Whatever you say cheesy.
I'm not 100% familiar with XJT contracts but I can't imagine them operating under a fee for departure contract with CAL, while taking a loss. I know MAG would but not XJT.
Now; I'm 100% complete with upgrade, I have a SWEET line next month (16 days off and 94 hours credit) and with the next 15 days off...........it's VACATION time. We're headed to the coast with my family to do a little deep sea fishing, drink a lot of alcohol (have a bottle of 21 year Glenlivet's single malt that I've been saving) and enjoy being with those I love.
Good Day all!