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Old March 10th, 2008, 23:21   #21
777forever
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Default Re: ExpressJet Posts 31.7 Million dollar Q4 LOSS!!!

Quote:
Originally Posted by Pilot877 View Post
High operating cost of the CRJ-200s and the rising cost of fuel were factors, as well. In the end, the result was bankruptcy and liquidation. However, it is a much different story than what is happening at XJT
Sounds like the same thing is happening to XJET to me, minus the competing head on head with a major part.

Quote:
Good luck to the ExpressJet pilots, by the way. Like Independence, your company tried to take what's screwed up about this business and do something about it by offering a superior product at a competitive price. There are definitely some similarities, but there are way too many differences to call it a "redux".
Thats the problem. XJET has a superior product that is quite costly. But selling it at a "competitive price" will not result in enough revenue to cover the costs. Maybe they should turn the whole branded operation into a corporate/charter type deal.
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