The upstart launched by Mesa Air buckaroo Jonathan Ornstein probably played a key role in parent company losses in the most recent quarter. go! has been offering A LOT FEWER dirt cheap specials, from what I can tell. An $80 million court-ordered penalty that go! owes to Hawaiian Airlines for allegedly stealing confidential information will hurt more, when it lands on the balance sheets. Should go! suffer further, we can expect interisland airfares to go up more than the $10 that go! recently booked -- up from a base price of $30 to $49 and blamed, natch, on fuel prices. Go figure.

—Alex, 01/16/08