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Old 08-01-2020 | 11:28 AM
  #291  
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Originally Posted by terks43
He didn’t single out PSA.........

Thats probably in response to the poster going on the PSA Board and starting a new thread titled “PSA Shutdown?” I’d say that kind of constitutes singling out since there isn’t a similar thread on the other 2 WO’s boards.
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Old 08-01-2020 | 12:11 PM
  #292  
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Originally Posted by threeighteen
I'll agree it wasn't the plan, but they made it work and it ended up working extremely well for them.

Buying another regional from AA (or another major) to provide that major with short term liquidity may not make sense financially for OO short term, but could help secure lucrative long term contracts. It's all about the long-game.

We'll see.
Skywest has .5B in liquidity 3B in debt, and is now negative cash flow by .1B per year, maybe more.

In the past, liquidity provides time for a company to get its cost below its revenue and back in the black.

AA would burn through every penny Skywest could give them in 15-25 days.

Last edited by Happyflyer; 08-01-2020 at 12:21 PM.
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Old 08-02-2020 | 08:39 PM
  #293  
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Originally Posted by Happyflyer
Skywest has .5B in liquidity 3B in debt, and is now negative cash flow by .1B per year, maybe more.

In the past, liquidity provides time for a company to get its cost below its revenue and back in the black.

AA would burn through every penny Skywest could give them in 15-25 days.
But it would take a money losing regional off of their hands. If they can find a way to make the numbers work, they will, if not, they won't. Simple as that.
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Old 08-02-2020 | 11:54 PM
  #294  
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AA could ship the piedmont birds to envoy,make PDT the regional ground handling arm of Eagle and then DGS them if they really wanted to


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Old 08-03-2020 | 02:05 AM
  #295  
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Originally Posted by Av8rPHX
AA could ship the piedmont birds to envoy,make PDT the regional ground handling arm of Eagle and then DGS them if they really wanted to


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Piedmont ground handling is far superior to Envoy but I don’t see either of them going away.
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Old 08-03-2020 | 02:46 AM
  #296  
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Originally Posted by pangolin
Piedmont ground handling is far superior to Envoy but I don’t see either of them going away.
he’s not saying go away. Spin them off to raise cash
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Old 08-03-2020 | 11:01 AM
  #297  
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Originally Posted by ZeroTT
he’s not saying go away. Spin them off to raise cash

It cost money to move those planes back. They gotta he recheck by MX, pilots would have to be hired, and changes made with the FAA. All of that cost money and they don’t want more capex spending/
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Old 08-03-2020 | 11:15 AM
  #298  
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Originally Posted by Downtime
It cost money to move those planes back. They gotta he recheck by MX, pilots would have to be hired, and changes made with the FAA. All of that cost money and they don’t want more capex spending/
that assumes envoy instantly picks up all the piedmont load. You could just mothball piedmont’s airplanes, spread the load to wo/ffd/mainline (plenty of capacity) and spin envoy back up when demand returns
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Old 08-03-2020 | 12:23 PM
  #299  
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Originally Posted by ZeroTT
that assumes envoy instantly picks up all the piedmont load. You could just mothball piedmont’s airplanes, spread the load to wo/ffd/mainline (plenty of capacity) and spin envoy back up when demand returns
Envoy loves clapped out 145’s. We could bring our birds home and give them love. Maybe bring our stolen CRJ’s home too while we are at it. At least one of them so that the Commander has his beloved bird back.
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Old 08-03-2020 | 01:12 PM
  #300  
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Originally Posted by ClappedOut145
Envoy loves clapped out 145’s. We could bring our birds home and give them love. Maybe bring our stolen CRJ’s home too while we are at it. At least one of them so that the Commander has his beloved bird back.
“stolen” huh? Sounds like a teenager who has their phone taken away by their parents. Then telling others their parents stole their phone that the parents bought and pay for every month. Get over yourself.
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