tpersuit

highly doubt it.

Nevets

I don't care what you call it. When your boss asks the employees of one of his companies to become more "cost competitive" compared to the employees of his other company, in order to try to keep the current work you do, that is whipsawing. Call it bananas if you want. The point is that the non unionized pilots at SKW indirectly allows their boss to do this to his potential new employees.

As for W2s, its not that hard to find out. Its called Form 41. XJT's pilot cost per block hour for the last four reported quarters is only slightly higher than Skw's. Of course this includes more than just W2 income. It includes benefits as well so I guess it really doesn't answer your question. Also, you must consider that XJT only operates 50 and 37 seaters and thus doesn't have the higher pay rates Skw has for its larger aircraft. Its all in the DOT website.

blastoff

Whipsaw is union term, bring multiple labor groups against eachother under the same holding company is "whipsawing." Its used extensively in "Flying the Line" the definitive history of YOUR profession. If its not in your vocabulary, it opens to question your knowledge of aviation history.

blastoff

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Roper92

XJT has a fabulous product! If you don't believe, come jumpseat on us. However, contracts are not sent our way. Oh, we are also held back from having CPA's bigger than 10 aircraft thanks to CAL. CAL doesn't want us to fly for them, or anyone else for that matter! How afwul..

HermannGraf

ANSWERING "doug_or"

they would be bound by the pilot's scope clausul paying 1.80 per share or 3.50 like the SKYW offer. The stocks is what they offered 3.50 for and buying most of them would be buying the company. The only way of buying XJET at the moment is buying a mayor % of the stocks.

I do not understand what you mean by saying
Quote "SKW doesn't want to just buy the stock because they would be bound by the XJT pilot's scope clause" End Quote

How would they buy XJT and avoid the pilo't scope clause? I don't believe that is possible so that option does not exist.......and.....what else would you buy than the stock of the company? The stocks or shares are or represent the entire company (each share a small part) and you cannot "just" buy the stocks or not like if they would just be a part of something and there would be some other part to buy not represented by stocks.....If you buy all the stocks you own 100% of XJT if you buy 51% you control XJT and would be the biggest stock owner. That is about 28M shares/stocks.

HermannGraf

I think you are right here..........seems like the CAL move is more than money. There is a strategic move here and if I remmember right CAL was very pleased with SKYW Houston operation while it lasted. Colgan and others underbid SKYW Houston operation for CAL and SKYW had to move out of there but CAL was not pleased with the performance that the ones that took over showed...........

tpersuit

If they want to gobble up all our stock or 51%, they can be our guest. They will then have to merge all airlines per our scope and they would have to get CAL's permission for owning over 10% of the stock. That latter part is in our CPA with CAL.

Buying stock does not get around our scope.

Blank

Actually, I've been in the 121 industry for 9 years as a pilot, and studied the industry for 4 years in college prior to that, but whatever. All I've learned in the short 13 years is:

Union or not, we're all in this struggle together. Unions are historically bad for business, which equals historically bad for employees. The only good part of union membership is work rule protection. I'm not completely convinced SkyWest doesn't need a union, but I think one here would do more harm than good at this stage of the game.

As for "Flying the Line," one book doesn't have all the answers. I've read it, along with many others and don't see the significance of its use of "whipsawing." I'd rather call it competitiveness--something we all should strive for.

HermannGraf

an option is.....(not that I believe is the right way to go) for Skywest to dominate the Regional market just to wait for XJT to shut down and accept the CAL contract that has been offered by CAL to them and offer former 145 drivers from XJT that are already trained and current to start at SKYW to fly the 145 on the CAL side. That would let them avoid the current XJT pilot contract and only take the amount of pilots they think they need to start the CAL operation.................

XJT has more money in the bank than what the market value is and maybe the combination of being able to buy XJT "for free" (as the money they have in the bank would go to the new owner) and at the same time gain the assets that would interest SKYW is what made SKYW show interest. Not to forget that SKYW is one of few that has the financial ability to make any offer to anyone out there these days..........