Originally Posted by
FlyASA
Personally I think the fuel hike summer '08 made them realize that the -200 is about as valuable as an empty beer can. The vast majority are going to disappear as quickly as Delta can make them since there are only a few to no routes that -200s can make money on when oil is that expensive. I think management wanted to diversify our portfolio by getting -900s. I've heard rumors of more 2-1 swaps, I have no idea where these -900s would come from but if given the opportuninty I wouldn't be surprised to see us take them.
The United RFP rumor has been around for awhile and I just don't see us getting it for a couple of reasons.
1. We aren't an established UAX carrier
2. I believe 9E is bidding and they are cheaper and put up better performance numbers than us
I really really hope I am wrong but I just can't get my hopes up about anything in this industry anymore. On the bright side though I can never be disappointed if I set my expectations low.
Quick question for you, where will 9E get the airplanes if they win the flying?
Skywest Inc is one of the best managed companies I've ever seen. They do an excellent job. I don't think they would have went ahead with the 900 deal if they didn't think they could find a home for the 20 200s. The key fact is why Delta agreed to 2010 for the pull back date and not 2009. I spoke to JA. He's a very smart guy. He knows there are a couple regionals out there on their deathbed and he knows the opportune time to move in.
Skywest has nearly 1 billion in cash and is by far in the best shape financially. Look at it this way, in 5 years not all the regionals you see today will exist, but Skywest surely will. My prediction, by the end of October, ASA pilots will be VERY happy.
Also, if Delta decides to sell Compass, Skywest will win that bidding war hands down no questions asked end of story