SkyWest, Inc. Q2 2013 Resluts

[XPOO]

Press release can be found here.

Highlights:

Q2 Net Income: $20.7M compared to $17.0M last year
2013 Net Income: $24.0M compared to $16.3M last year
Q2 Block Hours: 609,711 compared to 574,884 last year

 

[Freebrd]

what was your "bonus" check there at Skw? not much at Xjt

 

[XPOO]

Wont find out until after the conference call. But I would say a little over $500 gross.

 

[Plainsman]

Thank to skywest airlines for keeping this place floating!

 

[Freebrd]

think BH announced it's around $100 or so at Xjt

 

[jetstream]

As I recall it things were going ok and improving till someone decided that we would become a super regional.

 

[Oakum_Boy]

Things were never quite the same after Surejet

 

[jetstream]

Can airlines get a divorce?

 

[XPOO]

Skyw, inc - $20.7m, 2.47% margin

skw - $15.6m profit, 3.35% margin
xjt - $5.1m profit, 1.36% margin

 

[jynxyjericho]

What kind of a slut? (I can't be the first one that saw that.)

 

[centralpilot]

What kind of a slut? (I can't be the first one that saw that.)

A Re-slut, per Urban Dictionary: A person who, at one time was a slut, then stopped the sluttish behavior for a period of time, then restarted the sluttish behavior.

 

[OCP]

Skyw, inc - $20.7m, 2.47% margin

skw - $15.6m profit, 3.35% margin
xjt - $5.1m profit, 1.36% margin

Doesn't the XJT side get a little more "performance plus" when we have a margin over 1%?

 

[COOPERVANE]

Doesn't the XJT side get a little more "performance plus" when we have a margin over 1%?

Or did that little gem get "enhanced" also?

The "financial" portion of P+ seems to have mysteriously disappeared.

 

[Mickey Mouse]

Skyw, inc - $20.7m, 2.47% margin

skw - $15.6m profit, 3.35% margin
xjt - $5.1m profit, 1.36% margin

Keep it coming

 

[COOPERVANE]

I just looked again and the financial portion is still listed.

So are we gonna get a P+ payout for this quarter? Our margin was above 1% right? Brad H makes no mention of this in his latest update.

 

[Nevets]

I think that operationally, XJT made money (that's what BR said on the conference), but lost money overall.

 

[COOPERVANE]

I think that operationally, XJT made money (that's what BR said on the conference), but lost money overall.

What?
xjt - $5.1m profit, 1.36% margin

 

[SoberIrishman]

Where exactly are you seeing these figures? Thanks.

Sent from my Galaxy Nexus using Tapatalk 2

 

[Nevets]

What?
xjt - $5.1m profit, 1.36% margin

Well, I don't know for sure but that's what BR said on the earnings call today. We'll find out when they file the Q.

 

[Oakum_Boy]

$10 million in concessions would have covered $&!+ like weather cancellations and scheduling FUBARs.