I'm sort of thankful for this little 9/11 & fuel spike disaster. Until now, my airline was running pretty much on autopilot. Debt free, every few months I was exchanging an older leased E120 for a new owned one. Dull, perhaps? Not anymore.
Tiny regional went shopping for an owned E120 and a leased F70, left exposed with little cash reserves and bang, everything decides to come crashing down. Pre-9/11 & fuel spike no worries, cash would've steadily accumulated, but now... briefly went to negative cash and even had to lend money to terminate leases on two F100s that were suddenly making terrible losses.
CV development looks good, doesn't it?