Originally Posted by
HermannGraf
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.........
What I dont understand is why are ASA and SKW considered separate as far as recovery operations. Of course SKW will help ASA recover just as Im positive ASA would do the same for SKW if it needed it. And Im positive that niether ASA nor SKW would do that for Mesa. So, why keep the companies seperate?
By the way, what about investing in the human capital that is SKW pilots instead of just buying or attempting to buy airlines? Just as SWA has made capital investments in their employees and seen its return on that investment, Im positive SKW pilots would do so as well.