Great Lakes has actually been semi-profitable. The yields are up, the loads are getting higher.
The airline has been doing more point-to-point marketing and pricing, doing what they can to attract passengers to Denver.
In regards to the UAX codeshare termination, Meigs Field was the highlight of the termination, as UA
was getting a HUGE chunk of the $215 walk-up fares and Great Lakes also did some research and found out that about 1/3rd of their traffic was local traffic to and from O'Hare... and again, UA
was getting a HUGE chunk of that money (instead of Lakes keeping most of it).
The new agreement with United Airlines is a codeshare that allows competition into United Express markets.
In regards to paint, Lakes is only painting aircraft as needed in maintenance checks. Although I haven't been employed by Great Lakes for over 5 years now, I can say that we did keep our planes in good condition, both interior & exterior.