Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional
SkyWest warns of 1Q loss, 1st in 23 yrs >

SkyWest warns of 1Q loss, 1st in 23 yrs

Search

Notices
Regional Regional Airlines

SkyWest warns of 1Q loss, 1st in 23 yrs

Thread Tools
 
Search this Thread
 
Old 04-02-2011 | 06:56 PM
  #1  
MatchPoint's Avatar
Thread Starter
Rollin'
 
Joined: Sep 2008
Posts: 829
Likes: 0
From: AA Airbus
Default SkyWest warns of 1Q loss, 1st in 23 yrs

SkyWest Inc. warns of Q1 loss, its first in 23 years | The Salt Lake Tribune
Reply
Old 04-02-2011 | 07:06 PM
  #2  
Gets Weekends Off
 
Joined: May 2010
Posts: 435
Likes: 0
From: Sideways in a sim
Default

time to start shorting their stock...
Reply
Old 04-02-2011 | 07:50 PM
  #3  
JetPipeOverht's Avatar
Gets Weekends Off
 
Joined: Mar 2008
Posts: 438
Likes: 0
From: Stagnant..
Default

You really can't acquire something to the size and shape that Xjt was in and assume rosy conditions immediately afterwards....perhaps a 1q loss, perhaps more following, but the overall dynamic of the company has been changed for the better and I for one applaud it and welcome perhaps a change in the industry.
Reply
Old 04-03-2011 | 01:02 AM
  #4  
Al Czervik's Avatar
You scratched my anchor
 
Joined: Feb 2011
Posts: 5,126
Likes: 85
Default

That's due to heavy losses in the first class snack department.
Reply
Old 04-03-2011 | 05:23 AM
  #5  
Banned
 
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
Default

You really can't acquire something to the size and shape that Xjt was in and assume rosy conditions immediately afterwards....perhaps a 1q loss, perhaps more following, but the overall dynamic of the company has been changed for the better and I for one applaud it and welcome perhaps a change in the industry.
The press release didnt mention the merger/acquisition costs as one of the 5 primary factors for the loss.

What change are you eluding to?
Reply
Old 04-03-2011 | 05:55 AM
  #6  
Line Holder
 
Joined: Aug 2010
Posts: 49
Likes: 0
From: CRJ / DHC 8
Default

Had this good news been announced before ?

.... "A few weeks ago, SkyWest received a new contract that will increase the number of block hours it flies for United and Continental by more than 20 percent, triggering a need for more employees..."

If it had been, I missed it and sorry for the repeating the obvious
Reply
Old 04-03-2011 | 07:33 AM
  #7  
Line Holder
 
Joined: Jan 2006
Posts: 1,737
Likes: 15
Default

Kraupp said ExpressJet was hurt worst by the storms, which shut down operations in Houston, Cleveland and Newark. Next was ASA, which flies into Atlanta and Dulles. Least affected was SkyWest Airlines, whose weather troubles were centered at Chicago’s O’Hare International Airport.
Just incase anyone was wondering whether it was Skywest, ASA, or Expressjet which caused this...

One out of 88 quarters isn't that bad. Skywest is still by far the best regional out there.
Reply
Old 04-03-2011 | 10:07 AM
  #8  
BHopper88's Avatar
Gets Weekends Off
 
Joined: Aug 2006
Posts: 325
Likes: 0
From: CRJ FO
Default

The weather delays/cancelations and crew shortages sure haven't helped since January.
Reply
Old 04-03-2011 | 10:25 AM
  #9  
Banned
 
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
Default

Kraupp said ExpressJet was hurt worst by the storms, which shut down operations in Houston, Cleveland and Newark. Next was ASA, which flies into Atlanta and Dulles. Least affected was SkyWest Airlines, whose weather troubles were centered at Chicago’s O’Hare International Airport.
Just incase anyone was wondering whether it was Skywest, ASA, or Expressjet which caused this...

One out of 88 quarters isn't that bad. Skywest is still by far the best regional out there.
Doesn't matter. It's all Skywest Inc.
Reply
Old 04-03-2011 | 11:52 AM
  #10  
Line Holder
 
Joined: Jan 2006
Posts: 1,737
Likes: 15
Default

Originally Posted by Nevets
Doesn't matter. It's all Skywest Inc.
That's true Nevets. My comment wasn't hate directed at Xjet or ASA. I like both those companies and wish them the best. I just wanted to counter all the pro-union people who want to see Skywest do poorly. The Skywest division probably made a profit last quarter.

I'd much rather work for a non-union company. I was with Skywest and loved it. Now that i'm with CAL, I have an even larger appreciation for how much better it is to work for a non-union carrier.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Rotorhead
Major
0
01-27-2009 06:50 AM
Past V1
Regional
64
04-28-2008 03:04 PM
fireman0174
Major
0
01-18-2007 02:29 PM
Sir James
Major
0
03-19-2005 12:46 PM
RockBottom
Major
0
03-10-2005 10:55 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices