Originally Posted by
kwflyer
I do, and they were actually profitable, but laidlaw (greyhounds new owners) didn't want to be in the airline business.
Not quite:
"Greyhound Air had lost C$28 million ($19 million) since beginning operations in July 1996, despite achieving good load factors, but is being discontinued as a precondition of the take-over of inter-city bus operator Greyhound by Canadian company Laidlaw. "
Other reports indicate that those load factors while "good" were still well below expectations and the level needed for profitability.