gloopy

Yeah but most of that graph is cushy guaranteed profits with free fuel. SKYW is flush with cash and their profitibility graph is probably similar. All either means is that they have experienced pant splitting growth in the guaranteed profit free fuel market segment with ever larger airplanes. The question will be is that sustainable. Indy Air tanked pretty quick once truly on their own and even dirt cheap Mesa had trouble in the guaranteed profit free fuel sector.

IMO the only thing that will keep the "Indy Air Group" in question in business for a sustainable timeline is the continued increase of outsourcing quantity and gauge and some kind of domestic code sharing windfall loophole to continue to subsidize their "independant" operation.