Re: ExpressJet Posts 31.7 Million dollar Q4 LOSS!!! Quote:
Originally Posted by Pilot877 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.
__________________ Comm-ASEL, MEL, Inst.
CFI, CFII, MEI
TT: 700
Part 121 ATR72 FO
B.S. Aviation Management-Business Minor
Southeastern Oklahoma State University
Cum Laude Graduate |