Originally Posted by
What
American had over $4,000,000,000 in cash when it filled bankruptcy!
SKW currently is doing better than any regional out there but remember who pays the bills and how ruthless they can be! Delta wants to park 50 seaters and SKW Holdings has a crap loat of them operated for Delta. Delta drove pinnacle to CH11 (with the combination of other things) but Delta was the driving factor! SKW has publicly said that it needs to re work contracts with their major partners, RAH has mentioned the same thing and even stated that it needs to reorganize one of its certificates, sounds much of what Pinnacle was saying prior to filling!
Some very good points here. SkyWest Airlines is by far the strongest airline right now. Has anyone been watching SkyWest Inc's stock lately, it is in a free fall almost. ExpressJet is dealing with costly merger costs, labor issues, and maintenance issues related to all those 50-seaters. If Delta passes this current TA, whats to say that United doesn't reach a JCBA with similar scope?