Alaska contract

[Old School 737]

I'm suprised they are announcing all this "new" flying on Skywest jets before the contract has been settled ...

 

[CesnaCaptn]

I'm suprised they are announcing all this "new" flying on Skywest jets before the contract has been settled ...

I know, right?

One round trip per day between Boise and San Diego. They better slow down.

 

[Old School 737]

I know, right?

One round trip per day between Boise and San Diego. They better slow down.

There was more than that announced today..

 

[flythere]

Just goes to show how ignorant those who are voting yes are! Or, how blinded they were by the 10% pay increase!! Just goes to show how confident management is that this steaming pile of dung will pass!!!

Sometime within the next 2-3 yrs when Skywest takes delivery of those 120 seat RJ'S, they will be flying more than sea Omaha!

They couldn't even wait for the turd to pass, before they fired the opening shot across the bow!!

 

[CesnaCaptn]

There was more than that announced today..

That's what I get for being a smart azz. I didn't check alaskasworld and yahoo finance on my iphone had the announcement split into two articles.

These new flights must be using the South African Airways lease returns. I like how the network planning guy wrote on the "logbook" that Skywest only has 5 airplanes currently or now--something to that effect. He made no mention of the 3 additions this fall. Why tell the whole truth when that would hurt your bargaining position?

 

[Ocity]

Vote NO. we aren't going to be able to stop the rj infection, but we damn well better get paid as upgrade is slipping further and further into the future. If we pass this thing, we have NO ONE else to blame than ourselves.

 

[alaskaplt]

This goes to show how confident management is in our stupidity as a group. To put this news out while we are still voting on a contract with no scope seems insane. However, I think it will still pass and the company will laugh their arses off at our stupidity.

 

[kg911]

I gotta believe this was very strategically announced. As if to say hey guys, we are going through with our Skywest plans regardless if your TA passes or not. Vote this TA down and live without your new language and pay for a couple more years or, vote it in and at least you have merger and furlough language and a pay raise..bottom line is we are F'd on scope..

 

[Boxboy]

No such thing as freedom and especially freedom of choice. Kasher-no choice. Last TA/current contract- literally no choice as our union shot themselves in the foot. This TA-screw your buddy AND bend over. Taken for a ride, again!

 

[Ocity]

No such thing as freedom and especially freedom of choice. Kasher-no choice. Last TA/current contract- literally no choice as our union shot themselves in the foot. This TA-screw your buddy AND bend over. Taken for a ride, again!

Only if you vote to approve does any of this happen. If we ratify this, we fk'ed ourselves this time.

I don't blame the company at all, now I understand why the company has been so agreeable to our negotiating time line. It turns out our MEC has been standing their with our wallets open and the company pilfering it.

 

[MCDU]

Only if you vote to approve does any of this happen. If we ratify this, we fk'ed ourselves this time.

I don't blame the company at all, now I understand why the company has been so agreeable to our negotiating time line. It turns out our MEC has been standing their with our wallets open and the company pilfering it.

Do not worry. Your union ALPA has you covered. They are a national union with strong union principles and they will protect your interests.

M

 

[Old School 737]

Share repurchase program

Alaska will likely generate around $333 million of free cash flow in this year, which will help it complete its $250 million share repurchase program, announced last year. During the fourth quarter of 2012, the company repurchased approximately 1.7 million shares for $60 million, and expects to complete the buyback by the end of next year. This will provide some upside to its stock in the challenging environment.

 

[igneousy2]

During investor conference earlier this month, CFO states that new pilot contract will increase CASM by .01

 

[Jon Rivoli]

Before you panic, two years ago when SkyWest started this flying, the agreement was for eight airplanes. Only five were available. The rest were already flying for SkyWest or ASA and had been reconfigured for two class cabins. There were four others owned by the Alaska group; three leased to South Africa and one in India. The three in South Africa come off lease this summer and they are the ones that SkyWest will start flying this November. I don't know about the one in India.

Two years ago we staffed PDX and SEA for eight airplanes and only operated five. Now the other three are coming on line. I have not heard anything about massive growth in the northwest with these E175's. The way it works is that we pioneer service in a new market with small airplanes. If it grows, larger aircraft will replace our aircraft and we will seek new markets.

It is very risky starting service in a new market, using a CRJ instead of a 737 limits the risk. If it is successful, it can grow into larger aircraft. If not, the loss is minimized and assets can be redeployed.

SkyWest is not going to displace any Alaska flying. We may help Alaska grow into new markets resulting in more growth at Alaska.

In any case we will only do flying that will improve the bottom line and make your airline more profitable.

Peace.

 

[redflyer65]

Before you panic, two years ago when SkyWest started this flying, the agreement was for eight airplanes. Only five were available. The rest were already flying for SkyWest or ASA and had been reconfigured for two class cabins. There were four others owned by the Alaska group; three leased to South Africa and one in India. The three in South Africa come off lease this summer and they are the ones that SkyWest will start flying this November. I don't know about the one in India.

Two years ago we staffed PDX and SEA for eight airplanes and only operated five. Now the other three are coming on line. I have not heard anything about massive growth in the northwest with these E175's. The way it works is that we pioneer service in a new market with small airplanes. If it grows, larger aircraft will replace our aircraft and we will seek new markets.

It is very risky starting service in a new market, using a CRJ instead of a 737 limits the risk. If it is successful, it can grow into larger aircraft. If not, the loss is minimized and assets can be redeployed.

SkyWest is not going to displace any Alaska flying. We may help Alaska grow into new markets resulting in more growth at Alaska.

In any case we will only do flying that will improve the bottom line and make your airline more profitable.

Peace.

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