Andy Neill
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 2,293
SkyWest has gotten some GREAT folks from Lakes and I appreciate what they bring to the company.
That said, I don't have a clue as to how they keep running from a business standpont. The figures I see show they have a half a million cash in the bank but are losing 20-40 thousand a day. ASM's are down, load factors are down. That says they SHOULD be broke in 25-50 days, but they stay at that level month after month.
What kind of magic is going on over there?
That said, I don't have a clue as to how they keep running from a business standpont. The figures I see show they have a half a million cash in the bank but are losing 20-40 thousand a day. ASM's are down, load factors are down. That says they SHOULD be broke in 25-50 days, but they stay at that level month after month.
What kind of magic is going on over there?