Mike, I agree there are good people there, but I think it was a very BAD idea to give up feeding UAL and going into low-fare, semi-low-cost operations. Skeen was WRONG in thinking he could run a low-cost airline with 70+ 50-seat RJs, doing routes formerly flown profitably by J-41s. I think it was economic suicide, and the marketplace was a shambles when they tried it. Plus, charging for fares that are significantly below your operating costs is ridiculous.
I think it will be liquidating under chapter 7 shortly.