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Old 11-07-2020, 03:48 AM
  #41  
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Originally Posted by Gone Flying View Post
not sure if they will continue doing it, but up until March OO was matching longevity pay up to 10 years for pay/sick/vacation/401k
Does it really matter if they do or don’t at this point? Unless they hire someone it’s a moot point.
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Old 11-07-2020, 03:53 AM
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Originally Posted by pangolin View Post
Does it really matter if they do or don’t at this point? Unless they hire someone it’s a moot point.
fair enough. Just pointing out the cost savings MEOW described may not apply.
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Old 11-07-2020, 04:07 AM
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Originally Posted by pangolin View Post
Does it really matter if they do or don’t at this point? Unless they hire someone it’s a moot point.
There are more people now than ever hoping Skywest keeps.
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Old 11-07-2020, 05:39 AM
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Originally Posted by Claxstarr View Post

And no I don’t think UA gives Mesa a shot at the 550 because they don’t have the liquidity to convert 700s to 550s. Read through the Mesa Q3 earnings report. Their credit lines are maxed out and they can’t even find a lender to give them a loan to finance the delivery of the 20 175’s they have planned for delivery.
Mesa 550’s is a non-starter.
So much misinformation in one paragraph. Gotta love the internet. How can everything you said in one paragraph be so wrong?? Here are some facts...

- The Q3 earnings report was on Aug 10. (3m ago)
- In that same earnings report they talk about possible keeping their 700s and converting them if UA gives them the green light.
- Mesa was the only airline to record a profit every Q during covid.
- Its not that Mesa couldnt get a credit line to pay for the 175s. Its was the rates were jacked up bc airlines have become risky to loan money to
- We have 10 of those 20 175s already on property
- UA has fronted the money for the 175s and has a lease to own type of plan with Mesa. This prevents JO from having to pay those high interest rates.
- No where in the Q3 report does it say Mesa CANT get a loan.
- Mesa has taken $40M of the $200M they could have from the government airlines loan program

People at Mesa are used to people talking **** especially SW guys. But if your going to talk about another company dont spread lies. Nobody knows whats going to happen to the 700s at YV. And the biggest issue is getting that AA contract renewed in Jan. Not anything you said or believe.
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Old 11-07-2020, 06:08 AM
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Originally Posted by point80 View Post
So much misinformation in one paragraph. Gotta love the internet. How can everything you said in one paragraph be so wrong?? Here are some facts...

- The Q3 earnings report was on Aug 10. (3m ago)
.
not trying to flame, but how was the Q3 earnings report 2 months before the 3rd quarter ended?
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Old 11-07-2020, 06:20 AM
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Originally Posted by itsmytime View Post
not trying to flame, but how was the Q3 earnings report 2 months before the 3rd quarter ended?

Corporations don't always operate on the calendar as you understand it.

Non-Standard Quarters

For a variety of reasons, some public companies will use a non-standard or non-calendar quarterly reporting system. For example, Walmart's first quarter is February, March, and April; Apple Inc's Q1 is October, November, and December; Microsoft Corporation's Q1 is July, August, and September.
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Old 11-07-2020, 06:51 AM
  #47  
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Originally Posted by Seneca Pilot View Post
Corporations don't always operate on the calendar as you understand it.

Non-Standard Quarters

For a variety of reasons, some public companies will use a non-standard or non-calendar quarterly reporting system. For example, Walmart's first quarter is February, March, and April; Apple Inc's Q1 is October, November, and December; Microsoft Corporation's Q1 is July, August, and September.
Yes. I worked for a large company that did this.

Might be so as to avoid distracting finance and management people with year-end number crunching during seasons which were busy for the business. In our case I'm pretty they just didn't want that hanging over their heads during the holidays.
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Old 11-07-2020, 10:17 AM
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Originally Posted by rickair7777 View Post
Yes. I worked for a large company that did this.

Might be so as to avoid distracting finance and management people with year-end number crunching during seasons which were busy for the business. In our case I'm pretty they just didn't want that hanging over their heads during the holidays.

Sometimes it is as simple as when the company originally incorporated and began record keeping.
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Old 11-10-2020, 07:29 PM
  #49  
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Originally Posted by Dixie320 View Post
In the past during Skywest earnings calls, they do not mention specific companies. It has usually been “we will lease 5 CRJ900s to a 3rd party” or “we are leasing CRJ700s to a 3rd party.” They never specify. Don’t get too wrapped up in the fact that they didn’t disclose the 3rd party.

Also, SW is Southwest. OO is SkyWest. GoJet is G7.
Incorrect. Southwest IATA code is WN, not SW.
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Old 11-10-2020, 10:21 PM
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Originally Posted by N6279P View Post
Incorrect. Southwest IATA code is WN, not SW.
Yeah, someone already corrected me, you’re a little late to the party. Thanks though.
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