Quote:
Originally Posted by
viper548 
Chip talked to my class about a month ago and was asked about this. He said he'd like to get another contract (US Air, or CAL) but not at the expense of buying a company losing $10M per month. Mesa has even worse problems right now. I wouldn't be surprised if SKY bought pieces of mesa to get more CR7's and CRJ9's or to get in with US Air. SkyWest has a lot of money in the bank and have always been a cautious company, that will continue. Jerry and Chip are smart guys.
Originally Posted by
Deez340
When I said I had it on good authority I should have said GREAT authority. This is not an idle rumor. The fact is SKYW is actively and seriously considering the purchase of MAG or XJT. Just remember I told you so. If it hasn't been announced in 6-8 months it will mean they changed their minds or couldn't work out the terms they wanted, not that this wasn't true. At current market caps, the could write a check for both.
It's becoming a burden being right this often.
In all seriousness for the XJT guys I wish I were wrong on this one. In addition, sadly, I believe (read as know) that SkyWest's experience with the ASA acquisition further soured their attitude toward ALPA and as such they just want the contract with CAL, the equipment to execute it, and will dispose of anything else they can. Saabarooski's comment about XJT guys interviewing for their own jobs at first year pay may prove prophetic. Good luck to all. Be proactive.