Originally Posted by
smxflyer
The JFK operation may not have been profitable, but the knock-on effect was losing NYC, LAX and SFO based HVF, which has reduced profits across the whole network.
I said "overall bottom line", which means the entire network. Again, if every factual statement he says is correct, that means JFK was only worth the capital already invested. That's actually an admission that JFK was worthy to be cut. At that point it's a sunk cost scenario (except for the aircraft and some equipment and employees which can be reallocated), and the only question that needs to be answered is if higher returns can be found by moving capital elsewhere.