pete2800
'Member?
It's pretty easy to increase your load factor if you pull half of the seats out of your airplanes...Mirabile Dictu!
Great Lakes numbers are inching upwards in reported stats for May and June.
Load Factor up 7.1% in May, up 14.3% in June (2013 to 2014)
RASM up 36.8% for May, up 59.3% for June (2013-2014)
Load Factors (YTD) up 4.7% in May, up 14.8% in June.
These #s show impressive beginnings for a turnaround. But big gains on lousy base numbers are only a start.
They've hired Raymond James to advise mgmt (and presumably Board & lenders) about possible options.
Mr. Berra continues to be right: "It ain't over 'til it's over."