Overstaffed...
08-05-2020, 07:25 AM
#171
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Joined APC: Mar 2018
Posts: 615
Overstaffed...
Originally Posted by shrsailplanes
Does anyone who actually reads the skywest quarterly reports feel we are headed for implosion in 2021?
We must not be reading the same report....
Although if this goes another year, we’re all in for a rough time.
08-05-2020, 08:02 AM
#173
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Joined APC: Jan 2019
Posts: 1,130
Originally Posted by shrsailplanes
Does anyone who actually reads the skywest quarterly reports feel we are headed for implosion in 2021?
i found the Wall Street person asking why we took the cares act money opposed to paying a dividend and buying back stock was more than worry some about Wall Street in general.
cares money was just under half of our cash.
The idea SGU wouldn’t take essentially free cash (1%) and choose to burn half their cash to keep paying a dividend and buying back stock (spending even more money) is beyond the pale.
08-05-2020, 08:24 AM
#174
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Joined APC: Jan 2019
Posts: 1,130
That said , any rumor in who/where we bought the used 700s from in the 2nd quarter?
Also now per the call, OO is very interested in flying the previously leased 700s in a 550 configuration.
Does Delta future scope benefit with implementing the 550? I’m not joking it sounded like they left it open ended that United might not be the only partner interested.
Also now per the call, OO is very interested in flying the previously leased 700s in a 550 configuration.
Does Delta future scope benefit with implementing the 550? I’m not joking it sounded like they left it open ended that United might not be the only partner interested.
08-05-2020, 09:52 AM
#176
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Joined APC: Nov 2017
Posts: 681
Originally Posted by Claxstarr
We must not be reading the same report....
Although if this goes another year, we’re all in for a rough time.
Although if this goes another year, we’re all in for a rough time.
08-05-2020, 09:57 AM
#177
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Joined APC: Mar 2018
Posts: 615
Originally Posted by shrsailplanes
I agree. I’m not an investment banker. So, there’s some stuff on the balance sheet I don’t quite get, but there’s a pile of money in the bank, we are getting new planes, more new planes are coming, no one is bailing on contracts. Things are far from ideal, but I don’t see support for SkyWest imploding or the regional market disappearing in 2021.
It’s positioning...
CC is no chump. The guy has decades of ruthless business experience and he has done well for not only himself, but the company.
I’d put money on the fact that there are things happening behind the scenes that would blow your mind.
We have some pretty brilliant people on our board as well. You have to stop thinking like a pilot, and think more like a CEO.
08-05-2020, 10:04 AM
#178
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Joined APC: Jan 2012
Posts: 490
Originally Posted by captive apple
That said , any rumor in who/where we bought the used 700s from in the 2nd quarter?
Also now per the call, OO is very interested in flying the previously leased 700s in a 550 configuration.
Does Delta future scope benefit with implementing the 550? I’m not joking it sounded like they left it open ended that United might not be the only partner interested.
Also now per the call, OO is very interested in flying the previously leased 700s in a 550 configuration.
Does Delta future scope benefit with implementing the 550? I’m not joking it sounded like they left it open ended that United might not be the only partner interested.
Where did they say it was expressed that they were interested in flying it in the 550 configuration? What was said they were taking those airplanes back (unconfigured) but did not have a partner to fly them for.
08-05-2020, 10:34 AM
#179
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Joined APC: Nov 2016
Posts: 880
Originally Posted by Hawker445
Ever since that "Crash" my stock account has never been higher than it is right now!
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