Originally Posted by
waflyboy
Certain leases may be reflected on the company's balance sheet. You'd have to read the notes in the 10-K to find out if this is the case.
The leases are not reflected as assets or liabilities on XJT's balance sheet.
Originally Posted by
SkyWestPilot1
Anyone know when the leases are up on XJT's AC? Everyone at Skywest has been trying to figure out why we would want XJT with all those EMB's, but if they don't own them and we wouldn't get stuck with a bunch of AC that will be obsolete in a few years then I could see us buying them. Just curious. BTW, this is not meant as a flame, after reading my post I figured I might get hammered for it. That's my disclaimer.
These leases expire between 2013 and 2022.
Originally Posted by
ToiletDuck
It was the XJT shareholder that made the public comment. Unless something new has developed since I went to sleep I don't believe SKW has made any offers or shown any interest yet. That's one huge undertaking doubling the size of your company that quickly.
'Media reports said SkyWest Chief Financial Officer Brad Rich responded to the letter by saying Skywest is open to acquiring smaller carriers like ExpressJet.'
http://biz.yahoo.com/ap/080128/airli...snap.html?.v=1
'SkyWest Inc., cited by an ExpressJet Holdings Inc. investor as a possible merger partner for the rival regional airline, is considering acquisitions as a way to grow, according to SkyWest's chief financial officer Brad Rich. As SkyWest seeks to expand, new contract opportunities from larger carriers have "kind of slowed down of late," Rich said in an interview Wednesday. "So one alternative is to look for ways to grow through acquisitions."
ExpressJet "would be just one opportunity we see," Rich said, declining to name other potential targets for the St. George-based airline.'
http://deseretnews.com/article/1,5143,695246656,00.html