WAVIT Inbound

I thought this was interesting. Maybe I will hang onto my stock for now.


http://www.marketwatch.com/tvradio/p...6767470EB1F%7D

rickair7777

Linky no worky.

WAVIT Inbound

FIXED. Sorry about that.

The Juice

But the other thread said Skywest was going to possibly furlough

Airsupport

well since skywest stock has lost over 13 dollars in the last six months there should be a rebound somewhere. this guy is speculating like everyone else. its a 30 sec blurp that says skywest "may" be going up. yeah just like pinnacle, xj, mesa, ual, dal, and everyone elses stock might go up. infact on that same business page it says almost all the airlines stocks are going even though united said they are cutting capacity.

dba74

SKYW posted net income of $29.14 million in the first quarter. This is only slightly less than LUV's $34 million, and they did so on 34% of the revenue of Southwest. Another interesting calculation of SKYW share price being undervalued is to take its equity divided by shares and you get $20.85 per share vs. LUV's $9.81 per share

Airsupport

pinnacle net income was 17 million for the first quarter. and we are not even half the size of skywest. yet our stock sits happily at 6 dollars. obviously you know more about stocks than me because all i look at was income, stock price, and size of the airlines. thats about the limit of my knowledge. all i was saying is almost all airlines stock prices are moving up right now, even after united decides to cut Way back.

tpersuit

It may have to do with the fact oil has dropped again today. Down to $123/barrel from mid $130's a week ago.

DANCRJ

Pinnacle Airlines Reports First Quarter 2008 Financial Results
MEMPHIS, TN, May 08, 2008 (MARKET WIRE via COMTEX News Network) -- Pinnacle Airlines Corp. (NASDAQ: PNCL) ("the "Company") today reported first quarter 2008 net income and fully diluted earnings per share ("EPS") of $2.7 million and $0.15, respectively. The Company's net income and EPS were $9.4 million and $0.38, respectively, for the first quarter of 2007.

The Company's financial performance for the quarter was negatively affected by two primary issues. First, Colgan Air, Inc. ("Colgan"), the Company's turboprop aircraft operating subsidiary, recorded an operating loss of approximately $5 million. The loss is almost entirely caused by recent significant increases in fuel costs affecting the entire airline industry. Colgan's average cost per gallon of fuel increased 54% as compared to the first quarter of 2007, adding approximately $3.9 million in fuel costs. Colgan's financial performance is also affected by seasonal changes in demand, with unit revenue typically weaker in the first quarter each year as compared to the second and third quarters.

dba74

And Pinnacle's equity/ shares= $3.05 per share