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Originally Posted by Bloodhound
(Post 373420)
I honestly don't know what our total assets are. I do know that there is $220M cash in the bank... as of recurrent training two weeks ago. Beyond that, I don't know.
As for SKW management, I don't think it was a "nice try" at anything. I think it is smart to try to get a good deal on a good company, i.e. employee group. I don't know what our actual worth is or what our stock should be valued at, higher or lower, and I honestly don't give a crap. I also don't think it would be a bad thing if SKW was to purchase us because it would add stability. A purchase would not be my first choice of events to happen but it wouldn't really upset me. |
Originally Posted by tpersuit
(Post 373416)
Gladly help you out.
It's called a SEC filing. Check out XJT's 2007 SEC review. It states in there we have $500 million in assets which doesn't include contracts or leases since those aren't assets. Back to the discussion... |
For starters, we own the Training Center.
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Originally Posted by blastoff
(Post 373429)
For starters, we own the Training Center.
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Originally Posted by SAABaroowski
(Post 373423)
I agree, but branded would be one of the first things to go (my educated guess), which would include oh I dunno 400 Pilots?
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Originally Posted by Bloodhound
(Post 373426)
While you make a valid point, try make them without snide comments - i.e. "It's called..."
Back to the discussion... I researched our companies position in a fair amount of detail since I've been here and plenty of guys give me crap when I state positive information about it and say I am drinking the kool-aid. I just state that our company is pretty well off, but people think I'm full of it. What do you expect? |
Careful about the "It wouldn't be a bad thing if SkyWest bought us" attitude. Ask a few ASA guys how it continues to work out for them. Here is a hint: even though few folks are hiring right now, ASA pilots are still finding ways to leave the company.
Good luck guys. Stay independent. You'll be happier. |
Originally Posted by SAABaroowski
(Post 373430)
we do??????
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Email George. He'll tell you for sure.
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Who knows maybe this would be the best thing for out pilot group [XJT]. If we lost any additional flying it very well might be game over for us and the Jims. The idea of a buyout but makes me very nervous, but let's be honest, would it put any of us out of a job. It's way to early to speculate what will happen WHEN SKYW buys us, but I have alot of faith in our MEC, and our pilot group. It should just work out fine, taking us out of the competitive field, and letting the other regionals fight it out. Were not in a great place right now boys, lets accept reality. I just WISH mgmg. at XJT would start talking, instead of keeping their "mums the word" attitude.
On a lighter note maybe this is just the push Mesa needs to go bye bye! :) |
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