Stock buy back . . . SKYW
03-10-2007, 03:15 AM
#11
Gets Weekends Off
Joined APC: Jan 2007
Position: CRJ
Posts: 2,356
yeah,, what the other guy said. They released a bunch of stock to get more cash in hand. when you buy back stock you are giving up cash in hand. so as of now skwest has less cash in hand then before they bought the stock.
03-10-2007, 07:36 AM
#12
Gets Weekends Off
Joined APC: Mar 2006
Position: SkyWest Capt.
Posts: 2,963
Originally Posted by ghilis101
Mesa? im going to have to seriously disagree on this one. The ASA thing is a perfect example. JA acquired them and based on what ASA pilots say, neither management or morale has improved there. Yes they make tons of money, but the answer to making a comany better is not having skywest buy it. just because you slap a skywest inc. label on it doesnt mean its going to magically become awesome.
My thoughts on MAG are merely an observation and nothing more. Regardless of MAG's track record, their company is an attractive one to buy. Its poor performance and low company moral accompanied with the industries lowest labor cost could make them a good acquisition for SKW Inc, RAH or XJT. Clean house, give them hope for the future with a proven leader, a better TA that is equal to their new parent companies and there you go.
Like I said, this is not a rumor around SKW; it’s just an obvious observation by a pilot with a successful business history. I personally don’t see MAG existing in 2-3 yrs as they do today.
As for ASA, totally different ball game; ASA is and was a strong company ran by a poor collective group, not one person (JO). JA has stayed hands off at ASA but I think that’s about to end, he has given their Mgmnt a second chance and they have failed miserably. Now they’re costing SKW & JA business.
Good Luck ALL!
03-10-2007, 08:30 AM
#13
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,293
I think it highly unlikely that SKW (or any other sane regional) would buy Midwest or any other independent airline. The regionals have a relatively lucrative deal providing codeshare feed, and would be VERY foolish to throw that away by conducting ill-advised independent operations. Any such operatio would eventually compete with a code-share partner...at which point the gravy train would end instantly 
The only way to run an indepent op and NOT compete with your codeshares would be to severely limit the scope of such an operation...what would be the business sense in having a limited operation with no growth potential?
There are no rumors to this effect, but purchasing Mesa MIGHT theoretically be an attractive idea:
1) Labor is treated so poorly that SKW could simply bring them up to SKW standards and they would be eternally grateful.
2) The sketchy mesa codeshares could likely be solidified simply by confidence in a responsible management team.
3) Mesa could probably be obtained for less than it's potential value.
The only way to run an indepent op and NOT compete with your codeshares would be to severely limit the scope of such an operation...what would be the business sense in having a limited operation with no growth potential?There are no rumors to this effect, but purchasing Mesa MIGHT theoretically be an attractive idea:
1) Labor is treated so poorly that SKW could simply bring them up to SKW standards and they would be eternally grateful.
2) The sketchy mesa codeshares could likely be solidified simply by confidence in a responsible management team.
3) Mesa could probably be obtained for less than it's potential value.
03-10-2007, 09:28 AM
#14
Gets Weekends Off
Joined APC: Jan 2007
Position: CRJ CA
Posts: 117
Competition
Just because they do not have any specifically overlapping routes (which I have not checked and think that there may be a few), doesn't mean that Midwest is not in direct competition with Delta/United. I am certain that the legacy carriers view companies like Midwest as a threat to continue to grow and eat up market share. I will eat my words if I am wrong but I say again there is no way Skywest is going to compete against Delta or United.
03-10-2007, 09:38 AM
#15
Gets Weekends Off
Joined APC: Mar 2006
Position: SkyWest Capt.
Posts: 2,963
Originally Posted by rickair7777
I think it highly unlikely that SKW (or any other sane regional) would buy Midwest or any other independent airline. The regionals have a relatively lucrative deal providing codeshare feed, and would be VERY foolish to throw that away by conducting ill-advised independent operations. Any such operatio would eventually compete with a code-share partner...at which point the gravy train would end instantly The only way to run an indepent op and NOT compete with your codeshares would be to severely limit the scope of such an operation...what would be the business sense in having a limited operation with no growth potential?
There are no rumors to this effect, but purchasing Mesa MIGHT theoretically be an attractive idea:
1) Labor is treated so poorly that SKW could simply bring them up to SKW standards and they would be eternally grateful.
2) The sketchy mesa codeshares could likely be solidified simply by confidence in a responsible management team.
3) Mesa could probably be obtained for less than it's potential value.
The only way to run an indepent op and NOT compete with your codeshares would be to severely limit the scope of such an operation...what would be the business sense in having a limited operation with no growth potential?There are no rumors to this effect, but purchasing Mesa MIGHT theoretically be an attractive idea:
1) Labor is treated so poorly that SKW could simply bring them up to SKW standards and they would be eternally grateful.
2) The sketchy mesa codeshares could likely be solidified simply by confidence in a responsible management team.
3) Mesa could probably be obtained for less than it's potential value.
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