Performance plus pay out
08-06-2009 | 09:31 PM
#41
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Joined: Dec 2007
Posts: 413
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From: ATL
If that's the case then I have no problems with the difference. I assumed we all went by the same profit margin. But you know what assuming does...
08-06-2009 | 09:55 PM
#42
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Joined: Jul 2007
Posts: 267
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From: CR7
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.
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"
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.........
Last edited by HermannGraf; 08-06-2009 at 10:21 PM.
08-06-2009 | 10:03 PM
#43
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Joined: Jul 2007
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From: CR7
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...............
08-07-2009 | 04:58 AM
#45
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Joined: Jan 2009
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From: CRJ Flap Operator
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 !
08-07-2009 | 05:10 AM
#46
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Joined: Sep 2007
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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"
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.........
08-07-2009 | 05:18 AM
#47
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Joined: Jan 2009
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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"
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.....
08-07-2009 | 05:56 AM
#48
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Joined: Aug 2006
Posts: 876
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From: Captain, CRJ-200, ASA
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
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.
08-07-2009 | 06:02 AM
#49
Rollin'
Joined: Sep 2008
Posts: 829
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From: AA Airbus
Try $425M plus $50M in deposits equalling $475M of which $350M was paid upfront, the rest is due in Oct 09.
08-07-2009 | 06:21 AM
#50
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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.
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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