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01-28-2008 | 08:01 PM

#51

ToiletDuck

Che Guevara

Joined: Aug 2005

Posts: 6,408

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Quote:

Originally Posted by Nevets

Thats a common misconception.

How's that? I'm looking at Yahoo! Money and looking at the "Balance Sheet" on the bottom left side after you select a company. What's missing?

SKW total current assets SEP. 07= 3,975,038
RAH total Assets SEP. 07 = 2,638,477
MESA total Assets SEP 07= 1,226,296
XJT total current assets SEP. 07 = 656,878

01-28-2008 | 08:08 PM

#52

tpersuit

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Quote:

Originally Posted by ToiletDuck

If you haven't noticed but Yahoo! isn't GOD.

Now before you pull out "But my scottrade account told me", We control whether we keep those leases or not.

01-28-2008 | 08:11 PM

#53

Bond

Gets Off

Joined: Jan 2008

Posts: 742

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From: On Top

Quote:

Originally Posted by ToiletDuck

You forgot the 290 million in the bank....but if you're talking about aircraft, you're right we lease most if not all.

01-28-2008 | 08:13 PM

#54

Nevets

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From: EMB 145 CPT

Quote:

Originally Posted by ToiletDuck

Okay, the term is relative. People think that XJT doesn't own anything because they lease all their aircraft. I thought that is where you were going with that.

01-28-2008 | 08:17 PM

#55

Nevets

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From: EMB 145 CPT

Quote:

Originally Posted by Bond

You forgot the 290 million in the bank....but if you're talking about aircraft, you're right we lease most if not all.

The $238 million in the bank is included in the assets.

01-28-2008 | 08:17 PM

#56

tpersuit

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A lease is almost the same as owning, just paying a fee on top of the loss in deprecation value for not actually buying it out right. So just because you own a jet doesn't mean you really are in an insanely good position.

01-28-2008 | 09:15 PM

#57

ToiletDuck

Che Guevara

Joined: Aug 2005

Posts: 6,408

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Quote:

Originally Posted by Nevets

Okay, the term is relative. People think that XJT doesn't own anything because they lease all their aircraft. I thought that is where you were going with that.

No I'm thinking of it more mom and pop like. If you get in financial trouble you can take a loan out on your home or car or whatever else you have equity in. One of the huge bonuses about buying instead of renting. Something which I'm mowing over pretty good right now as I'm looking into getting a home this fall. If XJT loses any flying or decides to quit going branded they can't exactly sell any of their aircraft and put money back into their pockets.

Of course the numbers don't mean everything. Look at Mesa heh. Should that company continue to lose money as they are then CHQ, or even you guys should they decide to go that route, might be able to pick a few planes up. I know we're looking with the CRJ's going bye bye.

01-28-2008 | 09:49 PM

#58

waflyboy

Gets Weekends Off

Joined: Oct 2005

Posts: 955

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From: 737 Right

Certain leases may be reflected on the company's balance sheet. You'd have to read the notes in the 10-K to find out if this is the case.

01-29-2008 | 03:27 AM

#59

JoeyMeatballs

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Joined: Jan 2006

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From: A-320

Quote:

Originally Posted by Laxrox43

Well, XJT is my first, then RAH. I know that XJT has a good contract, but like others have said in the past --- One day the best, the next day...the "red headed step child." I don't want to make the move and then get screwed/furloughed (worste case scenario). I think I might stay put until RAH comes calling. Their stock is doing very well, (currently 55.74/share), they have a good contract as well, and I don't think they have the potential to be bought out any time soon...

But then again...we all work, or will be working for an airline...'nuff said...

LAX what you don't understand is everything, and I mean everything WILL change 100% guarantee.

I am just forewarning you that going to CHQ thinking you will be immune to what this industry can throw at you is being naive...........

ToiletDUck. It is not the fact that you point out the financial indication of my company that annoys me, its your arrogance, you are paid to fly an airplane, thats it. If you were that smart you would be doing something other then fly an airplane

I'll still buy you some beers though, Ill be in DC for a week Feb 23-18th or something for ALPA (anyone who is down there for an overnight PM me

Last edited by JoeyMeatballs; 01-29-2008 at 03:41 AM.

01-29-2008 | 03:54 AM

#60

JetJock16

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Joined: Mar 2006

Posts: 2,963

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From: SkyWest Capt.

Quote:

Originally Posted by Bond

You forgot the 290 million in the bank....but if you're talking about aircraft, you're right we lease most if not all.

OK, then add the $750+ million SKW Inc has in the bank which is increasing by over $70M (pre tax) per Q. Damn, we need representation so we can get a bigger piece of the pie.

Who cares? RAH, SKW & XJT are the three best independently owned regional airlines in America. Anyone who, gets on with any of them, will be just fine.