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12-17-2017 | 07:48 AM

#1071

N1234

Gets Weekends Off

Joined: Oct 2015

Posts: 472

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Quote:

Originally Posted by Blackhawk

Air Whisky is a privately held company. As such they don’t have to worry about many economic issues that are concerns for publicly held companies and their subsidiaries.

Public or not - that still doesn't allow you to do stupid / unprofitable stuff.

12-17-2017 | 10:36 AM

#1072

gatorhater

Line Holder

Joined: Jul 2012

Posts: 293

Likes: 4

From: 767 FO

Quote:

Originally Posted by N1234

Public or not - that still doesn't allow you to do stupid / unprofitable stuff.

You can waste all of your own private $$ you want...see Las Vegas as one example. Just because it is stupid doesn’t make it illegal.

12-17-2017 | 10:38 AM

#1073

Blackhawk

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Joined: Mar 2005

Posts: 1,888

Likes: 0

Quote:

Originally Posted by N1234

Public or not - that still doesn't allow you to do stupid / unprofitable stuff.

Privately held companies may be satisfied with a lower ROI than can be sustained by a publicly held company. Especially a publicly held subsidiary.

12-17-2017 | 10:41 AM

#1074

N1234

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Joined: Oct 2015

Posts: 472

Likes: 0

Quote:

Originally Posted by gatorhater

You can waste all of your own private $$ you want...see Las Vegas as one example. Just because it is stupid doesn’t make it illegal.

Not sure how legality plays a role here....

The point is that just because a company is privately held doesn't mean that normal economic principles / rationale applies.

In turn it is irrelevant whether they are public or not.

And to the original point - Air Wiskey obviously can generate a return at a smaller scale.

XJT could probably do the same - but not without some very painful re-org.

12-17-2017 | 12:52 PM

#1075

SkipperBaloo

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Joined: Jan 2017

Posts: 166

Likes: 0

Quote:

Originally Posted by N1234

Public or not - that still doesn't allow you to do stupid / unprofitable stuff.

Actually it absolutely allows stupidity

12-17-2017 | 05:17 PM

#1076

The Unsub

On Reserve

Joined: Nov 2015

Posts: 16

Likes: 0

Kudos to the XJT pilot that pulled the plug and shut down the ATL.

12-17-2017 | 09:43 PM

#1077

jcountry

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Joined: May 2014

Posts: 1,681

Likes: 0

Quote:

Originally Posted by The Unsub

Kudos to the XJT pilot that pulled the plug and shut down the ATL.

Hahaha! Delta earned a little karma!

12-18-2017 | 05:10 AM

#1078

HuntinFishin

Line Holder

Joined: Oct 2017

Posts: 39

Likes: 0

From: In reverse

Quote:

Originally Posted by jcountry

Hahaha! Delta earned a little karma!

Amen! Devil gets his due.

12-18-2017 | 05:57 AM

#1079

da42pilot

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Joined: Mar 2017

Posts: 559

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Quote:

Originally Posted by DirkDiggler

The statement about being unviable below 100 planes is true. It’s because of our expenses. The leases on multiple hangers, equipment, IT infrastructure, levels of management and staff etc. The airline is setup for larger scale operations. Bring the revenue centers (airplanes) to less than 100 with the current setup, and XJT will have issues.

This is what United is looking to buy and why CommutAir didn’t work.

12-18-2017 | 06:30 AM

#1080

DirkDiggler

Gets Weekends Off

Joined: Sep 2011

Posts: 707

Likes: 0

From: lav dumper

Quote:

Originally Posted by da42pilot

This is what United is looking to buy and why CommutAir didn’t work.

If they don’t act soon it’s going to be too little too late. I have a feeling a mass exodus is going to happen once bonus checks are received. Curious to hear what kind stuff they’ll spew on the conference call later. Always a lot of words spoken with not much being said.