SKYW stock tumble?

[Microclimates]

Anybody care to speculate why SKYW lost 18% or so over the last couple of days?

 

[Gr82Aviate]

Anybody care to speculate why SKYW lost 18% or so over the last couple of days?

They lowered their outlook for the quarter to "break even".

 

[mxaviator]

Their credit rating was also downgraded.

 

[IBNAV8R]

When bean counters sell out a company's core values, people and culture for short-term gains, this tends to happen. That and not being able to cover flying because you can't get qualified people to show up for new-hire class.

 

[SPDBRD747400]

American Eagle purchase?

 

[damnflyboy]

Gordon Bethune:

"It's the old adage: You can make a pizza so cheap, nobody will eat it. You can make an airline so cheap, nobody will fly it. They had taken so much cost out that the value wasn't there for the average person. A watch only has value when it's reliable and consistent, and an airline only has value when it's reliable and consistent, and we were not. And we needed to become that, and no one had ever addressed that issue. It's not about market strategy. It's not about the flight attendants with a Kate Spade handbag. It's about getting there safely on time with your underwear every time you fly."

Sometimes it takes a firm slap in the face. I believe we're there. Regionals, meet accountability.

 

[Oakum_Boy]

I hope it goes bankrupt. $%&* this place.

 

[JoeMerchant]

I hope it goes bankrupt. $%&* this place.

You going to Eagle? They're hiring...and they have a new flow through...

 

[Jet_Dreamer]

SkyWest, the new Mesa. Time will tell.

 

[damnflyboy]

Jessica Biel + Google = awesome pictures.

Screw airline chatter. I'm eTing a pop tart. And beer(s). High five!