RJET stock
 

No Flame zone: Is there some news from the past day or two that I haven't seen? I've been looking around and can't find anything to justify the jump in price. Even the traded volume so far hasn't been crazy. Oil is up which usually steers the direction of the airline stocks. I'm a little baffled. Happy... but baffled. Over the past two days up 50%. That has to happen for a reason.

Two possible scenarios that may be in the works:

1. Mesa filing CH11 and RJET buying Mesa thus eliminating competition in Hawaii.

2. Buying Compass from Delta and operating 36 more E-175's.

Maybe associated with Frontier posting an operating profit for February...not a big one, but one none the less. Reassures some fund investors that the money loaned may be more secure. The volume trading spiked about the same time (it appears to be running almost double what the ten day volume has been). Some of the volume may be related to the general market up tick as well.

Bingo! that would do it! I had no idea F9 made a profit that's great news. Even with traffic down they are pulling ahead. I had no idea about this but that would play a huge role.

Looks like all of the airlines were up today for some reason. Continental, Delta, and United all jumped by at least 10%. Strange considering how oil is up, but I don't mind it at all!

darn it i knew i should have bought some while it was so down

1. Highly unlikely

2. Unlikely

I bought shares at $4.34. Only bought half of what I could have but I didn't want to put all my eggs in one basket. Sold today at $6.63. Not bad for three days.

DOT Gives Shuttle America the Flexibility to Fly Solo

Shuttle America received U.S. Transportation Dept. approval to offer service independent of its fee-for-service arrangements with U.S. airlines, giving the Republic Airways Holdings subsidiary the freedom to go that route although it has no immediate plans to do so (DAILY, Dec. 18th).

In approving the request March 23, the DOT said Shuttle America told the department it had "no immediate plans" to start a self-branded service but wanted "the flexibility to respond quickly to new marketplace opportunities." Shuttle America's request was essentially identical to a request made by Republic Airways subsidiary Republic Airlines; the DOT approved that request in November 2007, but Republic still offers services solely through contracts with U.S. carriers, flying as US Airways Express and Midwest Connect.

Shuttle America currently operates 37 Embraer E-170 and 13 E-175 aircraft under fee-for-service arrangements, flying as United Express, Delta Connection and Mokulele.

The DOT said it approved Shuttle America's request because "the record indicates that Republic Airways Holdings has substantial financial resources to support [Shuttle America] in conducting independent operations." Under the conditions of that approval, if
Shuttle America does decide to conduct independent operations, it must notify the DOT at least 45 days before starting the service.

Got a link for that DOT report?

I haven't been able to find one...

I wouldn't read too much into it, after all MESA is (was briefly) up 30% today. Granted, thats only .05 but up nonetheless. RJET is at an all time low lately, and it's as good a time as any to buy in. Bedford apparently has some master plan brewing behind the scenes, and I think it will all come to light here very soon. He seems to be a smart guy, and these seemingly off the wall investments this past year might have people saying "why didn't I think of that" by the end of the year.

Just my 2c

In my experience the only way to ensure a stock will rise is to sell it. Here that Wall Street Gods? I am "selling" my GE!

joe pa...is that you son

Actually this is true. I am a CPZ pilot and I just had our system chief on board a flight. He said we are going to be part of RAH, but he couldn't get into more detail. I don't know what this means for us but it is definitely happening. FML.

or if people buy it at increasingly higher increments

Oh well before I was skeptical, but NOW I'm confident it's going to happen.:rolleyes: Clearly the system chief is 100% accurate.

i pray for an S5 170 SDF base everyday. With some Compass/RAH cahootz and that large compass hangar right next to our RP 145 hangar. My dreams may not be that far fetched. I can only hope!

supposedly the paper work is on the RW's POI's desk to place the planes and routes on the operating certificate. Im sure that SDF would make a good place to feed MEM and CLT for both NWA/delta and usair.

Unless BB just doesn't want to be in bed with Delta anymore I'm going to have to raise the flag.
http://www.geocities.com/Liberalgunfarce/BS_Flag.gif

or replace them....

That's fine but DAL would still have to keep the pilots on payroll. If they didn't then the amount of large RJs would be cut still keeping things in the DAL guy's favor.

There is no mention of this on the public side of RJET.com, or any of the interweb resources I normally search...including financial websites.

Can anybody CONFIRM that this really happened?

That's correct. CPZ can be sold, but IF the flow through is CXD then the 76 seat fleet must be reduced by 35 airframes.

HAHAHAHAHAHAHAHAHAHAHHAAAHHAHAHAHAHAHA

Hook...Line...Sinker....

Anybody with any advice in getting in RJET stock right now? It's down 33% in the last 2 weeks, and down 50% in the last 3 months.

Looks like the stock price drop corresponds with SM announcing he's leaving.

The volume trading has been way up with large sell offs. It would lend to the idea that large investors are dumping the stock (they were large volume spike trades). Wexford (the major shareholder in RAH) sold their stake in Azul (Neelman's new adventure in Brazil) to TPG recently as well. If they are related somehow, that is yet to be seen. The RAH stock is definately down, so it will be interesting to see what happens over the next month.

Well, Warren Buffett thinks investing in airline stocks is one of the poorest financial decisions anyone could make. That Warren Buffett.... what does he know anyway?! ((sarcasm)).

hmmmmmmmmmmmmmm, strange indeed

Actually, Bedford has said that we will still show a profit, all be it a small one for 4Q. They are planning on releasing results on Feb. 24th. Big rumors are abound and maybe they will come out before that date. Who knows.

In all actuality, airlines are down across the board.

i agree with that, RJET isnt the only airline stock that has been steadily declining over the last couple weeks.

I kept buying it on the way down. If I see $8 a share anytime this year, which I think is very realistic, I'll be a happy camper.

Buying airline stock is moronic.

No, investing in airline stock is moronic. Trading it can be very profitable.

Especially when its your own company, and they are sticking their neck out way too far anyway.

I made A LOT of money with XJT stock..................A LOT :), never again though

Just depends on what's going on. RAH has still been profitable and is trading at a low P/E ratio. Is almost at it's low and yet has managed to pay it's bills and add more cash to it's bank account. Like I said if I see 8 per share that's 30% and I'll take it.