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Old 05-06-2014 | 09:40 PM
  #5945  
NVUS
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Originally Posted by PeezDog
We are all well aware that the 50 seat airplane is being reduced. Although United doesn't seem to be in a rush to get rid of them. You fail to see that you also have 50 seat airplanes. You also fail to see that when one airline owned by Inc loses money, it also affects you. You are not immune to the negative effects of poor business management. No matter how much you'd like to think so bc your airline's name shares the name of the holding company that owns you. If I were you, I'd be directing your concerns towards your management. Which is different from ours and Inc. You are also just a piece of the pie that is viewed only as dollar signs. Not equals, as you may think. This could have a negative impact on that side of the operation as well. Inc issues one single financIal report, not separate. So if Inc looses money, everyone should be concerned. As others said too, there are no publicly and legal numbers published numbers for the separate sides. So no one really knows for sure what is going on. Let's not forget the wipsaw game that has been and continues to be played as is evident currently.
Anyone that can read a 10K filing can see exactly what's going on. XJT lost $50M last year, while SkyWest made $130M. SkyWest is ADDING to its 50-seaters because they turn a sizeable profit on them. Went from 154 in March to 160 currently (and counting). The only effect XJT has on the SKW side is pay. Hard for the company to shell out some raises for the side turning record profits when those profits are needed to cover the losses on the other side plus having enough left over to keep the investors happy.