XPOO
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- Joined
- Nov 25, 2005
- Posts
- 1,874
There is really no way to tell who is profitable. We are all operating under the SKYW Kingdom. Unless we obtain very reliable and accurate financial data, we cannot determine the true efficiency or profitability of particular units within the company. The JNBC had the opportunity to review some of this data, during the TA negotiations. They claim that ALPA National assisted them in deciphering SKYW accounting documents. I have absolutely no faith in the JNCB's ability to read financial reports, let alone a grocery list. Let's face it, they are a bunch of goddamn hicks. Therefore, all we can do is read the PUBLIC documents and make some determinations. One, is that SKYW is profitable. Two, is that XJT operating expenses are less. Three, is that these financial conditions occurred under the current XJT contract.
I just figured that since ExpressJet was bleeding cash long before they were ever bought and combined with ASA, and the fact that all that money to buy both airlines came from the extremely profitable business SkyWest has been for decades, that this entire subject has a pretty simple and blatantly obvious solution. Sorry for the assumptions.