FlyI could go Bankrupt. So could Delta. So could American. So could lots of businesses. I could win the lottery.

FlyI has done a lot of things wrong, but they have also done a lot of good things. I think they fly to some cities with too much frequency. Perhaps they need look and see if they can lower the minimum number of flights per day to a city, as right now I don't see any city getting less than 6 frequencies per day from IAD. If they can make the minimum 4 flights without raising their marginal costs too much then they should do it. Cause there are markets such as CRW-WAS that in the 4th quarter of 2003 only had ~30 O&D passengers each way each day, and here is Indy flying 300 seats in and out of CRW each day. I don't see how that can be profitable without a 500% surge in O&D passengers, and while I am sure they have had some "Southwest effect" on their markets I can't see any of them jumping up that high.