Originally Posted by
ToiletDuck
I don't think this next quarter will be profitable but they have been so far. They haven't had to dig into the savings yet so luckily a large chunk of cost associated with these moves has been absorbed already. Still a lot left out there but I don't think it's as bad as most think.
A few stats on RJET.
As of Dec 31,2009
1.6B annual revenue
157M cash
2.8B debt
good margins and cash flow FOR NOW...but this is the airline biznez. Good luck.