Old 12-31-2009, 08:34 AM
  #25  
iPilot
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Originally Posted by John Pennekamp View Post
As for XJT, I hear they are doing the flying at a loss. They want to stop the bleeding from all the parked planes. Flying them at a loss costs the company less than just keeping them parked.
Ah unsubstantiated rumors, so yummy! First off how on earth does anyone know that isn't part of XJT's top management? Secondly, XJT has been scraping by for years now so I doubt they could honestly take a deal at a loss just for the sake of flying airplanes. Unlike SkyWest or Republic they don't have a billion dollars sitting in a bank for a rainy day. The flying will be done for a profit, even if it's a razor thin margin.
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