Originally Posted by
The Duke
Perhaps comparing SkyBus to VA is like comparing apples to oranges. I know Skybus posted a $16 million dollar loss over its first 3 months of operations and load factors of about 80% or so. How does VA compare?
Two very different companies. VX had over $200 million in start-up capital; SkyBus had less than $35 million, and served very questionable places, like Punta Gorda, St.Augustine and Bedford. VX is going after hi-paying biz travellers on transcon routes like SFO/LAX-JFK/IAD and BOS. VX will survive in the short term, and their strategy is much better.