Originally Posted by
newarkblows
saab flying is losing money and is up for rebid in the near future, beech 1900 flying is losing money and is supposedly closing in Oct.... your not one to talk. your q flying is the only good thing you guys have going for you and even then your not getting paid squat for it. Scary times ahead for all.
wow, you must sit next to warren buffett with all your knowledge. Only a handful of our saab flying is losing money (namely the eas stuff) and some of the airways routes. None of our flying is up for rebid. Our airways contract is amendable this year, but not up for rebid. Since we fly at risk for them, it's not a bidding process. I'm sure there will be some changes on that end to make things more profitable. Our beech flying makes cash hand over fist. It was kept online this summer to make more money (summer flying in Maine). IT ain't the best gig in town, but not nearly the scariest. I'm sure colganicle, xjet and all the others will do what it takes to stay in business.