Originally Posted by drrhythm2

If you look at the trends we have been losing less and less money each year since 2007. Skywest has said on their quarterly call that they expect the Expressjet side to be profitable first quarter or at least second quarter 2012. We've been moving in the right direction for a while now, so I think your worries about us sinking the ship are unfounded. I think we lost $18 million last quarter, and skywest has $650+ million just in cash, so it would be a long time even at those rates before we put you in peril. But just remember, we are getting more efficient each quarter, and let's just see if the xjet/ASA side brings a profit first quarter. They should have that conference call mid April I think. Don't worry, all will be okay. Skywest Inc is well positioned overall in the industry.

I read a really neat article about why it was an under-the-radar genius move to buy Expressjet, and it has to do with our long term contract with Continental. It has to do with the eventual transition to larger RJ's and how we are contractually locked in to fly them when that transition occurs. Essentially, other companies can't bid on most of that flying when the inevitable happens. Anyway, I'm paraphrasing, but I'll find the article again and post the link here. I think it will make you feel better.