Five to Seven flights a day from Dulles to Lansing, Michigan and just about every airport in upstate NY with seven pax per leg all paying $39 intoductory fares didn't do much for Indy Air either.
I was worried I'd have to pass the hat for de-ice fluid.
Oh, and maybe the fact that a great deal of the CRJ's were not RVSM certified had an affect on the fuel costs as well.