Originally Posted by
sbm12
CO owns the planes and leases them to XJet, IIRC, so they aren't going to look for a way to put XJet out of business when they'd be on the hook for the lease costs.
CO actually leases the planes (rather than own), and I don't think that CO would hesitate to put XJT out of business. It would then contract with Republic or Skywest or Mesa or someone else to fly them for CO.