Originally Posted by
johnso29
Just to be clear, Skywest Inc signed a contract with DAL that requires a rate reset in 2015 for both Skywest and ExpressJet operated Delta flights. This rate reset requires Skywest Inc to be the 2nd cheapest DCI operator. So it isn't that Delta is trying to cut Skywest Inc rates. It's that Skywest Inc management agreed to a rate reset in order to secure flying. This info is available in the latest Skywest 10-K.
Well, actually, if you want to get technical, Delta forced SkyWest to agree to this at gunpoint, as a condition of the sale of ASA and the ATL gates. Delta then proceeded to create a cadre of "new" DCI carriers like GoJets and Silver, and then forced Mesa and Pinnacle into bankruptcy, forcing their contracts to be gutted. So really, SkyWest signed it in good faith, then Delta did everything in their power to ensure SkyWest could never reach that goal by constantly moving the goal posts.
I know you guys think Delta is the be all and end all, but fortunately for you guys, you never get the receiving end of their shady dealings. But enjoy that profit sharing check.