Alaska Air Group $262.6 million profitin 2010

[Baze]

Alaska Air Group $262.6 million profit in 2010

http://finance.yahoo.com/news/Alaska-Air-Group-Reports-prnews-3845660672.html?x=0&.v=1

http://finance.yahoo.com/news/Horizon-Air-Retiring-Its-prnews-1280936729.html?x=0&.v=1

Alaska Airlines will have 26 airplane deliveries in the next 4 years, while retiring 8 737-400s. Also, 5 Horizon CRJ-700s are being leased to SkyWest which will fly them for the Air Group!

 

[GuppyWN]

So now the wholly owned Horizon will have company induced competition via Skywest?

Seems odd to me.

Gup

 

[StopNTSing]

Sorry to hear that, guys.

SCOPE! SCOPE! SCOPE!

Without it nothing else matters!

 

[ImbracableCrunk]

Sorry to hear that, guys.

SCOPE! SCOPE! SCOPE!

Without it nothing else matters!

Ha! The largest font would mean nothing to the majority of the ALK pilot group. They were willfully ignorant during negotiations on the matter of scope and have had no reason to change. Yet.

 

[imacdog]

So now the wholly owned Horizon will have company induced competition via Skywest?

Seems odd to me.

Gup

Yep. "We're making plenty of profit now, so let's piss on our own employees and bring outside contractors in!" What a messed up business.

 

[Z_Pilot]

.


.....and I am STILL FURLOUGHED !




.

 

[CesnaCaptn]

http://finance.yahoo.com/news/Alaska-Air-Group-Reports-prnews-3845660672.html?x=0&.v=1

http://finance.yahoo.com/news/Horizon-Air-Retiring-Its-prnews-1280936729.html?x=0&.v=1

Alaska Airlines will have 26 airplane deliveries in the next 4 years, while retiring 8 737-400s. Also, 5 Horizon CRJ-700s are being leased to SkyWest which will fly them for the Air Group!

I admit I'm not very good at math. All I can find is an order for the 15 jets. Where did you get that 26 number from?

 

[BarbrPole2theOM]

15 new orders. We already had jets on order.

Sent from my HTC EVO

 

[CesnaCaptn]

I hate to be a buzz kill, and I hope I'm wrong, but it just sounds like they were reiterating their order. BA said during the CC, "just so we're clear, we're receiving 3 airplanes in '11 and 3 airplanes in '12." So does that mean we're taking delivery of 20 planes in '13 and '14?

 

[Singlecoil]

I hate to be a buzz kill, and I hope I'm wrong, but it just sounds like they were reiterating their order. BA said during the CC, "just so we're clear, we're receiving 3 airplanes in '11 and 3 airplanes in '12." So does that mean we're taking delivery of 20 planes in '13 and '14?

They will be acquiring 26 A/C over the next four years, while retiring 8 400's. Net gain of 18 including previously announced orders.

 

[CesnaCaptn]

They will be acquiring 26 A/C over the next four years, while retiring 8 400's. Net gain of 18 including previously announced orders.

I feel like I'm beating a dead horse, but I don't want to get excited if that 18 number is wrong. I've read that statement a few times on here, but I haven't been able to find a press release containing that info. Is it contained in an 8k or something?

 

[Baze]

CC,

Go to alaskasworld.com and read all the stuff that has been posted on there this morning. That's where the 26 deliveries and 8 retirements is coming from. Also, looks like our projected fleet count will have us at 129 airplanes by December 31, 2013. All of this is subject to change of course.

 

[CesnaCaptn]

CC,

Go to alaskasworld.com and read all the stuff that has been posted on there this morning. That's where the 26 deliveries and 8 retirements is coming from. Also, looks like our projected fleet count will have us at 129 airplanes by December 31, 2013. All of this is subject to change of course.

Thanks Baze. It helps if I read every word on the Alaskasworld report. I just skimmed it a few times. I see it now.

 

[ImbracableCrunk]

Is it still 9 pilots/plane or have they tightened that up?

 

[CesnaCaptn]

Is it still 9 pilots/plane or have they tightened that up?

On the bid effective 4/1/11 we had 1443 pilots on the seniority list and 1277 on base position lists. Based on the the base position list number we're running just under 12 pilots per plane and we're short right.