Originally Posted by
BassFishr
I'm sick of this "your lucky" stuff. Ya were going to complain. We at ASA make a lot of money for SKW, they're lucky to have the cash we make in their pocket. It's pretty sad that when pilots consider themselves lucky for having a job and not getting beat with a stick everyday.
Like when ASA had to cancel 200+ flights and SKYW INC had to send every available 200 they had at Skyw airlines to save as much as possible?? It just took the result down by 14 to 20 mill for that quarter......but hell that does not count does it.........
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines"
When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years).............
Believe me when I say that the return on the 500+ mill has not been much yet..........
and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again.........