Originally Posted by
BoilerUP
Indeed...
If RJET sustains these kinds of losses over 3-4 quarters then I think the haters will have something to cheer about...but a few one-time acquisition-related charges and expenses jacking up the GAAP loss shouldn't be directly construed as "Their time is limited because SWA & AT are kicking their arses".
Agreed. Thank you, Boiler. RJET buys two troubled brands....there was a reason YX and F9 were in the financial straits they were. A turnaround is not a 1 or 2 quarter undertaking, especially for a company with no real experience doing anything but operating fee-per agreements with majors. Alot harder when you actually have to do market research, sell tickets, answer to customers, etc.