ExpressJet
12-15-2016 | 08:01 AM
#41
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It does indeed. Stock price is a reflection of expected future earnings. So apparently the street thinks that SKYW will be more profitable following the fleet changes. You can infer that the business going away was not profitable.
12-15-2016 | 09:32 AM
#42
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Too bad the general public does not understand the amount of money that INC is pulling out of XJT to pay for IT, MX, HR....
12-15-2016 | 09:44 AM
#43
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I get it. It sucks for XJT but there is no conspiracy against XJT. It is pure business.
I don't think you give the financial analyst enough credit. They have a pretty good handle what is going on.
12-15-2016 | 09:59 AM
#44
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Don't bother asking. I have better things to do than try to school (again) another ignorant pilot on our history.
In case anyone is curious, I dgaf about the future of the company anymore. I'm out when they close the doors or I can't hold CA anymore. Time to move on to other pursuits. Expressjet used to be a great company. Now it is just a clone of Skywest/ASA.
12-15-2016 | 11:38 AM
#45
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The CAL CPA was profitable during the branded operation. It was profitable until Skywest. Then it became so unprofitable that even when branded was shuttered, xjt still lost money.
12-15-2016 | 12:08 PM
#46
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No, you can infer that operating an additional 40 jets under a new CPA will be more profitable.
12-15-2016 | 12:34 PM
#47
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Hush you. That doesn't jive with the Kool Aid served up by the elders in SGU. They only want what's best for us.
12-15-2016 | 02:10 PM
#49
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And you obviously don't know the details of what happened between Skywest/CAL and Expressjet since the spring of 2008. If you did you wouldn't have made your post. The info is on here but your obviously too proud of what you think you know to bother looking for it.
Don't bother asking. I have better things to do than try to school (again) another ignorant pilot on our history.
In case anyone is curious, I dgaf about the future of the company anymore. I'm out when they close the doors or I can't hold CA anymore. Time to move on to other pursuits. Expressjet used to be a great company. Now it is just a clone of Skywest/ASA.
Don't bother asking. I have better things to do than try to school (again) another ignorant pilot on our history.
In case anyone is curious, I dgaf about the future of the company anymore. I'm out when they close the doors or I can't hold CA anymore. Time to move on to other pursuits. Expressjet used to be a great company. Now it is just a clone of Skywest/ASA.
True, I don't know all the details. And maybe they screwed up a perfectly good business.
But at this point it doesn't seem to make sense to continue it or turn things around. Why would you shut down an operation that yields a profit or could yield a profit? The only reason you would do that if you feel that your resources yield a higher profit somewhere else.
Again, it sucks and I feel for all of you. But it just doesn't make any sense to shut down XJT just out of spite or something.
12-15-2016 | 02:56 PM
#50
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True, I don't know all the details. And maybe they screwed up a perfectly good business.
But at this point it doesn't seem to make sense to continue it or turn things around. Why would you shut down an operation that yields a profit or could yield a profit? The only reason you would do that if you feel that your resources yield a higher profit somewhere else.
Again, it sucks and I feel for all of you. But it just doesn't make any sense to shut down XJT just out of spite or something.
But at this point it doesn't seem to make sense to continue it or turn things around. Why would you shut down an operation that yields a profit or could yield a profit? The only reason you would do that if you feel that your resources yield a higher profit somewhere else.
Again, it sucks and I feel for all of you. But it just doesn't make any sense to shut down XJT just out of spite or something.
It's not out spite. But their Hail Mary didn't work. Too bad their anti-union stance got in the way of a good idea. Oh well, time to move on...
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