Nevets.. Do you realize that SkyWest is free to "re-negotiate" terms of the contract with UA?? They have just proved this with the DL contract, and the Comair 900/700's.... The industry is changing and if you have paid attention SkyWest has said, "they need to work with there partners to keep them happy".. Not screw them some "out dated" contract terms.... So good luck with that...
Yes, I agree. Which is why I asked captain tony to provide the sec filing of this happening. When a CPA is renegotiated, they must file it with the sec for all the investors to see. I don't believe that has happened. And is why I asked him to provide the proof if it had because I haven't found it.
Originally Posted by
magnus0322
I must say that is all you have as a come back? Nevets provided good information... it is your turn to step up to the plate Cap'n.
Here you go. There is no SEC filing of the amended agreement because SKW Inc. is not required to file anything for a subsidiary. His information is from the purchase and is outdated.
Took you a while for you to come up with that. Moving the goal post once again. How many times is that? Four?
It doesn't matter if Expressjet is a subsidiary. If Inc renegotiated any CPAs of their subsidiaries, it would be such a material significance to require them to file it with the sec. Especially if you are talking about the removal of the first right of refusal clause in replacing the 145s. That was the WHOLE reason for inc buying XJT, to get incumbency in order to he the j side track to replace/add larger aircraft.
If it was just that easy to hide information from investors by creating subsidiaries, then they wouldn't have filed the ASA they negotiated with DAL. I have that one as well if you want me to quote it as well. Are you going to say that ASA is not a subsidiary now and do it doesn't count!
This isn't rocket science. It's more common sense than anything else.
By the way, you can find profit of each subsidiary if you read the 10K.