amcnd , 03-18-2020 05:18 PM
Gets Weekends Off
SkyWest is in preservation mode. And they want to use its strengths to be ready for the long haul.. Last call they had 520 million in cash. Not a lot of “tail risk” (contract vs aircraft ownership liability) they want to come out the other side of this stronger. Thats the plan. . They think this Is maybe a 1.5-2 year event... to give you perspective Mesa had 57mill last quarter in cash... Financial strength will be key... So ya. The next 6months, 1 year , 2 yeas...???.. will suck. But hang in there. The industry will look drastically different in 2 years..