SKYW 3Q Earnings

[kj6991]

I assume that you are at Skywest? I'm a 6 year CA here at ASA and mine was $493, thats before taxes.

yes. Skywest. 4th year f/o. $680

 

[siucavflight]

680 sucks butt hole.

 

[Goose Egg]

butt hole

Sorta like what you've become lately?

 

[No.W.]

SKYW margin was about .5 higher than ASA's...based on fuzzy math between Inc's margin and SKYW margin.

That MAY be part of the discrepancy. Not sure how ASA's bonus is indexed, but SKYW bonus is indexed on SkyWest Airlines margin ONLY.

 

[kj6991]

680 sucks butt hole.

Well I didn't ask for your opinion, nor do I give a damn what you think. I was simply answering the last posters question.

 

[siucavflight]

Well I didn't ask for your opinion, nor do I give a damn what you think. I was simply answering the last posters question.

Thanks! You are da' man!

 

[USCtrojan]

SKYW margin was about .5 higher than ASA's...based on fuzzy math between Inc's margin and SKYW margin.

That MAY be part of the discrepancy. Not sure how ASA's bonus is indexed, but SKYW bonus is indexed on SkyWest Airlines margin ONLY.

Agree. SkyWest operates somewhere in the range of 1080 flights/day for United and a little over 400 for Delta. Total close to 1500 flights/day. ASA operated in the mid 700 flights/day for Delta in 3rd Qtr. SkyWest simply had more work/revenue. More $$$$$$. Good job. I wouldn't be complaining ever about money the Company is giving me.

Trojan

 

[XPOO]

Trojan,

Also, OO had $450 on everyone's bonus just for performance alone. So no one got less that that.

Oh, and Jacquizz Rodgers.

 

[USCtrojan]

Trojan,

Also, OO had $450 on everyone's bonus just for performance alone. So no one got less that that.

Oh, and Jacquizz Rodgers.

you the one that keeps putting his stats in my box ;-). $450 is nice, ours will hopefully be there someday soon.

Trojan

 

[HDA]

If you want to get around the big govt tax on you bonus check.....have it deposited right into your 401k. You wont pay federal tax at all and you get to increase your contribution. (As long as you are not already maxed out to the federal limit). I did that when I was at Skywest and my 401k grew rather quick......it has shrunk rather quick this year though!!

 

[McNugent]

Until Obama has his way with your 401K

 

[SKYWRJGUY]

Bonus is considered income not a company match, so you can only put it in there is you're not already on a maxed-out profile (i.e., $645/paycheck). Still, an extra $4000 a year after taxes will nearly fund the yearly IRA...

 

[Andy Neill]

Bonus is considered income not a company match, so you can only put it in there is you're not already on a maxed-out profile (i.e., $645/paycheck). Still, an extra $4000 a year after taxes will nearly fund the yearly IRA...

I made it a concerted effort to get the most bang out of the bonuses possible. I did this by making my regualar 401k contributions sufficiently under the max so that the last bonus payment would put me just over the max allowed. That way, I would get matching money from SKYW that I would not have gotten if I had maxed out my contributions all year. My motto was, never pass up an opportunity to get money from the company.

 

[PBRstreetgang]

This year total is $8516, gross.
Which in way means I made an extra 5.94 an hour.

Last year was better, $10438.
Which means I made an extra 4.09 an hour.

Not a bad program but it's not something you can count on or put on a loan app.

Dude,
Its beer and hooker money! That's a lot of Bud and crack hos!
PBR

 

[nerjdriver]

Did anybody read the first sentence of the release. SKYW lost 39% in profit year over year........39%!!! This by no means they are in trouble, but it goes to show you that we all share the same problems....nobody is immune....