Originally Posted by
NVUS
Still bitter, huh? Doesn't look like SGU is too worried:
Excluding special items, SkyWest's pre-tax income was $33.5 million for the December 2014 quarter, an increase of $18.4 million over the December 2013 quarter.
Anything else you would like to point out?
Special items were what, around $70 million? Granted, they're legitimate capex for the new aircraft, but still the GAAP earnings aren't terrific.
The company is slowly making progress increasing profitability, but it won't be a quick or easy process by any stretch.