Originally Posted by
SmitteyB
Colgan was is business for 15 years before the aquisition, what is the factual base as to why Colgan would have been unsucessful as a standalone carrier from 2007-Present?
Actually, Colgan was bleeding money with the Beech 1900s and that agreement with US Airways. Colgan was losing money and Chuck's pockets were deep enough to see them thru the tough times.
Pinnacle has the $$$ to purchase the Dash-8Q400s (Or the Pilots at Pinnacle did anyway). Without the Q400s, Colgan would be loosing money...