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Originally Posted by MatchPoint
(Post 657516)
I understand & I take no offense. Yes both of our profits go back to SGU but the way I understand it our rewards are paid off of SKW airlines margin, not Inc's. Therefore your furloughs have nothing to do with our payout.
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Originally Posted by BassFishr
(Post 657705)
I'm sick of this "your lucky" stuff. Ya were going to complain. We at ASA make a lot of money for SKW, they're lucky to have the cash we make in their pocket. It's pretty sad that when pilots consider themselves lucky for having a job and not getting beat with a stick everyday.
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... |
Originally Posted by Splanky
(Post 657445)
Horizon is up to $300 per quarter for operational stuff. Then profit sharing once a year. Top profit sharing check for me so far was $960 as second year fo.
That is a lot; A second year FO at SKYW just get $350 and He gets the operational profit sharing after completing 2 years....and starting on his third year............... |
1 year 9 month ASA FO: $145.32 after taxes
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2nd year Pinnacle FO.... Zero Net......and have never gotten one. But for some dumb reason we keep throwing out those #1 ontime performance numbers. With a poop contract I might add.......We are daddy Delta's stepchildren !
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Originally Posted by HermannGraf
(Post 657729)
:eek: Like when ASA had to cancel 200+ flights and SKYW INC had to send every available 200 they had at Skyw airlines to save as much as possible?? It just took the result down by 14 to 20 mill for that quarter......but hell that does not count does it.........
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... |
Originally Posted by HermannGraf
(Post 657729)
:eek: Like when ASA had to cancel 200+ flights and SKYW INC had to send every available 200 they had at Skyw airlines to save as much as possible?? It just took the result down by 14 to 20 mill for that quarter......but hell that does not count does it.........
Another way to see it could be like......"Skywest Inc had tons of cash even before buying ASA and all the 500+ million that INC paid for ASA (cash) was produced by Skywest Airlines" :rolleyes: When a company makes a capital investment it wants a return on the capital (hopefully to make all the money back in a few years)............. Believe me when I say that the return on the 500+ mill has not been much yet.......... and you dont want to know how much more than the purchasing 500 mill INC has had to invest in ASA to get it running somewhat properly again......... Or like after Skywest Inc purchased ASA, skywest airlines got the overwater exemption ASA had that cost lots of time and money. But hell, that doesn't count either..... |
Originally Posted by duvie
(Post 657370)
Buddy, I'm here to tell ya that you're lucky to be under the SkyWest banner, but with all due respect, its a lot worse many other places.
If you were still with Daddy Delta not only would you probably not have gotten your new contract pushed through, but you wouldn't be getting any SKW inc bonus and you'd probably be atrophying like Comair. I understand you're losing flying with Delta, but so is every other DCI carrier out there. Best of luck Let me know when you pull your head out and get the big picture. ASA is a second class citizen in the SKW family. And no, we never asked to be part of it. What you don't seem to understand is that when this pilot group gets ****ed off enough and burns the place down (new contract in 16 months) we'll take you guys down with us. |
Originally Posted by BassFishr
(Post 657793)
Lets not be dramatic 550+ million? Yaaa more like 330 million, I guess thats close if you're in Washington. Thanks for the business lesson on investments.
Try $425M plus $50M in deposits equalling $475M of which $350M was paid upfront, the rest is due in Oct 09. |
Originally Posted by MatchPoint
(Post 657825)
Http://www.SkyWest.com/media/05/8-15-05.php
Try $425M plus $50M in deposits equalling $475M of which $350M was paid upfront, the rest is due in Oct 09. |
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