Skywest reported 10 million net income from 100 million earnings (EBITDA) first quarter of 2015. That's 10%.
SkyWest, Inc.
I'm pretty sure that Skywest pilots stay consistently in better hotels, have higher pay rates (33% 2nd year), higher per diem, plus lots of soft pay ...
New pay package ratified and in effect 2/1/14, agreement for 1 year.
Block Hour Override eliminated, now paid specific rate for each aircraft type.
On CRJ fleet, all soft time (vacation, sick, deadhead, min day credit, training, etc) are paid at CBR (CRJ Base Rate, aka. CRJ 200)
Min. Daily Guarantee now: 4:00
Company will pay $70 toward each required medical.
Uniform allotment now $200/yr
Company retains right to raise 1st year F.O. pay to $24/hr at any time.
This page last updated: June 15, 2015 (Pilots, Pay Notes)
Another ridiculous thing is that Mesa now requires a new hire to purchase (not by choice anymore) their own iPad with mounts.That's about $600.00 initial expense to the pilot.There are around 1'200 pilots (?) on property now, so we are talking about $720'000.00 which Mesa should have paid for. And that's only the initial purchase price, and not upkeep to original specification.
Now you guys tell me HOW Skywest can have higher profit margins with higher operating costs, and Mesa can't with lower operating costs?