I think there is only one relevant "fact" that needs to be considered, Skywest is still going to be flying airplanes a year from now.

 

Fair enough. Time live and let live. Make your own decisions in life and own them.

 

I don't think he did his homework either, or he likes to gamble. GJ is high risk!

Skywest leases out some of its planes. It placed a notice in its financial statement to warn investors about high risk lease agreements it has. It seems it is leasing 34 planes at very high prices because of a high chance of default and if the default occurs there could be a significant adverse affect on Skywest's earnings. I assume these planes are Gojet, isn't 34 additional planes what we heard a while back?

"We leased five CRJ900 aircraft, 34 CRJ700 aircraft, and engines used on CRJ aircraft to third parties as of December 31, 2021. In the event a lessee defaults under the terms of the lease agreement, we may incur additional costs, including legal and other expenses necessary to repossess the aircraft or engines, particularly if the lessee is contesting the proceedings or is in bankruptcy. We could also incur substantial maintenance, refurbishment or repair costs if a defaulting lessee fails to pay such costs and where such maintenance, refurbishment or repairs are necessary to put the aircraft or engines in suitable condition for remarketing or sale. We may also incur storage costs associated with any aircraft or engine that we repossess and are unable to place immediately with another lessee. Even if we are able to immediately place a repossessed aircraft or engine into service ourselves, or place the aircraft and engines under another lessee, we may not be able to do so at a similar or favorable lease rate. A lessee default under one of our lease agreements could negatively affect our financial condition, cash flow and results of operations."

GJ is high risk but even if it survives all there is is a break even result. But if it doesn't survive he starts at the bottom somewhere.. There are other places he could go that don't have the risks. I would need to evidence that the flight instructor is still alive though to make a full recommendation!
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Update on training delays- Somehow IOE wait times have been reduced to 2-4 weeks and decreasing (whole footprint indoc to IOE now 2-3 months). Tiny newhire classes help.
Problem is too many line FOs for the amount of captains.

 

Thank you for the update! Greatly appreciated!

 

Tiny new hire classes for a reason.

 

Any information regarding current base seniority?

 

Everyone is still getting EWR but RIC can be held a month or two after training, followed by STL then ORD. Lots of movement and with the check airmen numbers stabilizing, funny to say but Indoc to IOE is probably the fastest out of all the regionals right now.

 

Is gojet AQP for initial

How is gojet training

 

About how long would it take to get ORD?