SKYW 2012 Q2 Earnings

[XPOO]

Link to article is here.

Highlight: $17M Profit

 

[79%N1]

Look out now! The ERJ guys are going to demand a 50% raise!

 

[Max Q]

I want my fair share!

 

[ASA_Aviator]

Look out now! The ERJ guys are going to demand a 50% raise!

Yeah, let's put the 17M in perspective. Skywest Inc has what, about 7000 pilots, conservatively? (Thats a pure guess.)

Divide 17M by 7000, and that number isn't very big. It wouldn't take much of a raise to make that number go away, on a quarterly basis.

But hey, let them go nuts. They are the ones saying "FUPM" like ignorant children.

 

[Cpt Oveur]

Yeah, let's put the 17M in perspective. Skywest Inc has what, about 7000 pilots, conservatively? (Thats a pure guess.)

Divide 17M by 7000, and that number isn't very big. It wouldn't take much of a raise to make that number go away, on a quarterly basis.

But hey, let them go nuts. They are the ones saying "FUPM" like ignorant children.

The pre-merger Continental Airlines pilots are the ones saying Fed Up Pay me. How's it feel going back to the right seat?

 

[79%N1]

Yes. Reading their "contract demands" is quite hilarious.

 

[screamingpax]

Yeah, let's put the 17M in perspective. Skywest Inc has what, about 7000 pilots, conservatively? (Thats a pure guess.)

Divide 17M by 7000, and that number isn't very big. It wouldn't take much of a raise to make that number go away, on a quarterly basis.

But hey, let them go nuts. They are the ones saying "FUPM" like ignorant children.

Ntm, the goal isn't to share all profit with employees so that you have a quarterly income of $0. On top of that, 7000 pilot plus tons of flight attendants, mechanics, dispatchers, magazine writers, company store employees, etc.

 

[ASA_Aviator]

How's it feel going back to the right seat?

I'll let you know when the finals come out, since the prelims don't mean much.

 

[jstyle13]

How long till we start hitting the 1% for the financial portion of the Perf+ program. We suck on the performance side of it and the only thing that will make the quartly payouts more than $150 is when we start hitting the financial payout portion. Seems like it's going to still be a while there....

 

[COOPERVANE]

How long till we start hitting the 1% for the financial portion of the Perf+ program. We suck on the performance side of it and the only thing that will make the quartly payouts more than $150 is when we start hitting the financial payout portion. Seems like it's going to still be a while there....

Well all I need are more TFAYD letters and some Aceypalooza day hotdogs. Maybe throw in another employee film series.
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HAHAHAHAHAHAHAHAHAHHAAHAHHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!

Anybody less lazy than me figure out the percentage yet?

Expressjet probably LOST money.

 

[russtgol]

Ntm, the goal isn't to share all profit with employees so that you have a quarterly income of $0. On top of that, 7000 pilot plus tons of flight attendants, mechanics, dispatchers, magazine writers, company store employees, etc.

Bingo!!!!!

 

[WAVIT Inbound]

My account has a check pending and it is for more than what we going to get for performance rewards. FWIW

 

[Nevets]

Ntm, the goal isn't to share all profit with employees so that you have a quarterly income of $0. On top of that, 7000 pilot plus tons of flight attendants, mechanics, dispatchers, magazine writers, company store employees, etc.

But it's only the XJT pilots, dispatchers, mechanics, and flight attendants who are in contract negotiations, not the other employees and certainly not any employees of Skywest Airlines. Just saying.

 

[rjacobs]

Expressjet probably LOST money.

I believe I read that we increased our income by 19.9 million during the quarter, but I am sure that had nothing to do with the company making 17 million, nothing at all.

I dont think you will find one expressjet pilot demanding a 50% payraise or anything crazy, but we do want to achieve a contract that is up to par with the ******************** we have put up with since 2008 as well as the ******************** that we have put up with since being purchased by SKW in 2010. We will not accept a concessionary contract in any aspect of our contract. We would rather sit on what we have than give anything up. We are not interested in "helping" the company as so many ASA pilots think needs to happen.

 

[russtgol]

I believe I read that we increased our income by 19.9 million during the quarter, but I am sure that had nothing to do with the company making 17 million, nothing at all.

I dont think you will find one expressjet pilot demanding a 50% payraise or anything crazy, but we do want to achieve a contract that is up to par with the ******************** we have put up with since 2008 as well as the ******************** that we have put up with since being purchased by SKW in 2010. We will not accept a concessionary contract in any aspect of our contract. We would rather sit on what we have than give anything up. We are not interested in "helping" the company as so many ASA pilots think needs to happen.

Worked well for comair...I think they might start parking the ERJ first...

 

[rjacobs]

I think they might start parking the ERJ first...

please explain your rational behind that? We(the ERJ side) have been ADDING airplanes(37 seaters at that) and have increased our block hours to the point that we are at historical highs. All the while the CRJ side has LOST airplanes to GJ(for whatever reason) and now just a couple of months later are basically getting those A/C back(which makes no sense, but I guess DAL didnt know then what they know now as it pertains to shutting down Comair or Pinnacle's BK). CAL(UAL) has made NO mention of parking 50 seat A/C. Now that could all change based on the outcome of their TA, but as of right now I dont feel that the ERJ side is in ANY danger of parking any airplanes.

 

[crazy8]

please explain your rational behind that? We(the ERJ side) have been ADDING airplanes(37 seaters at that) and have increased our block hours to the point that we are at historical highs. All the while the CRJ side has LOST airplanes to GJ(for whatever reason) and now just a couple of months later are basically getting those A/C back(which makes no sense, but I guess DAL didnt know then what they know now as it pertains to shutting down Comair or Pinnacle's BK). CAL(UAL) has made NO mention of parking 50 seat A/C. Now that could all change based on the outcome of their TA, but as of right now I dont feel that the ERJ side is in ANY danger of parking any airplanes.

He has no rationale. He's just trying to get a rise out of us greedy ERJ guys.

 

[wms]

There's nothing wrong with asking for substantial improvements in compensation and qol. The last year and a half have made me realize the company cares nothing about the front line employees compared to performance. If they want to maximize the operation at our expense then it should be compensated highly.

Also, with the attrition that is expected and the lack of future staffing, the company should be hanging brass rings out there to retain and attract qualified pilots.

The bell will toll shortly, when pilots vacate this place as a result of the hostile culture and combative relationship that has developed toward the crews, ESP from the occ.

 

[Nevets]

Worked well for comair...I think they might start parking the ERJ first...

Worked well for Colgan and Mesa...oh wait...

 

[XPOO]

I only hear one pilot group complaining. Must be all that whipsawing going on.

 

[Nevets]

I only hear one pilot group complaining. Must be all that whipsawing going on.

Whipsaw has already happened to the one pilot group complaining.

 

[russtgol]

Ok who the hell got whipsawed?? Raise your hand.....

whip·saw (hw

p

sô

, w

p

-)
n. A narrow two-person crosscut saw.

tr.v. whip·sawed, whip·sawed or whip·sawn (-sôn

), whip·saw·ing, whip·saws 1. To cut with a whipsaw.
2. Games To win two bets from (a person) at one time, as in faro.
3. To cause to move or alternate rapidly in contrasting directions: "The bond market . . . continues to be whipsawed by fears of rekindled inflation" (Steven E. Levingston).
4. To defeat or best in two ways at once

 

[outtahere]

Lots of good guys at legacy XJet, but dang I'm sick of hearing how y'all have been screwed over by Skywest. Let's face facts, without Skywest rescuing you, you'd be in Comairs place soon and definately wouldn't be hiring or upgrading. We need a contract that's fair, but you aren't getting a 20% raise, simple as that. No mediator in the world would side with us with the way the rest of this segment is performing. Short duration, modest gains and hit them again when the economy is better.

 

[goahead]

lots of good guys at legacy xjet, but dang i'm sick of hearing how y'all have been screwed over by skywest. Let's face facts, without skywest rescuing you, you'd be in comairs place soon and definately wouldn't be hiring or upgrading. We need a contract that's fair, but you aren't getting a 20% raise, simple as that. No mediator in the world would side with us with the way the rest of this segment is performing. Short duration, modest gains and hit them again when the economy is better.

^^^^^^^^^^^ this ^^^^^^^^^^^^

 

[79%N1]

I dare you to go write that on the Pipe!!!!

 

[SkyNation]

Lots of good guys at legacy XJet, but dang I'm sick of hearing how y'all have been screwed over by Skywest. Let's face facts, without Skywest rescuing you, you'd be in Comairs place soon and definately wouldn't be hiring or upgrading. We need a contract that's fair, but you aren't getting a 20% raise, simple as that. No mediator in the world would side with us with the way the rest of this segment is performing. Short duration, modest gains and hit them again when the economy is better.

someone who gets it

 

[g-code]

Most of us are very reasonable and realistic. We have 2800 pilots and you have heard from about 30 or so chest-thumpers....

 

[Uncle Bunkle]

*****************system swap***************!!!!!

 

[rjacobs]

Lots of good guys at legacy XJet, but dang I'm sick of hearing how y'all have been screwed over by Skywest. Let's face facts, without Skywest rescuing you, you'd be in Comairs place soon and definately wouldn't be hiring or upgrading. We need a contract that's fair, but you aren't getting a 20% raise, simple as that. No mediator in the world would side with us with the way the rest of this segment is performing. Short duration, modest gains and hit them again when the economy is better.

Your "facts" are not necessarily "facts" because we have no clue what the "real" outcome could or would have been. So its all just speculation. Were we in a good place, no, were we literally about to fail, I doubt it, CAL couldn't let that happen(thus the 2 back door deals to have SKW buy us). Our turnaround I dont think has as much to do with the fact that SKW bought us, but more to do with getting a semi-competent group of management in who is not just all about scratching each others backs like our old management was about, but more about running an airline and they dont care about the people involved(this is very obvious). While I dont really like the extreme's of either side I lean more towards the "lets run an airline" side of things. And again, if we had had a competent management team prior to SKW buying us I dont believe we would have gotten ourselves into the position we were in.

I dont think most line guys are screaming for a 20% pay raise, I think most want a reasonable raise with good working conditions and are going to refuse to take concessions in any section of the contract. Because whats a 20% raise worth if you lose 25% of your pay in other sections of the contract? I think the NO PBS crew is also fairly small as is evidence by their funny website that has less than 600 signatures out of a total group of nearly 5000 pilots(and I believe that website has been running for over a year). I think reasonable gains are possible and now that SKW has reported a profit its hard to hide behind the "we dont have money to pay you" mantra or "these are hard times".

Most of us are very reasonable and realistic. We have 2800 pilots and you have heard from about 30 or so chest-thumpers....

exactly. Although I would say we have closer to 300 chest thumpers using the 10% rule. We also have a ton of guys that simply arent and refuse to be educated about various things.

 

[russtgol]

Your "facts" are not necessarily "facts" because we have no clue what the "real" outcome could or would have been. So its all just speculation. Were we in a good place, no, were we literally about to fail, I doubt it, CAL couldn't let that happen(thus the 2 back door deals to have SKW buy us). Our turnaround I dont think has as much to do with the fact that SKW bought us, but more to do with getting a semi-competent group of management in who is not just all about scratching each others backs like our old management was about, but more about running an airline and they dont care about the people involved(this is very obvious). While I dont really like the extreme's of either side I lean more towards the "lets run an airline" side of things. And again, if we had had a competent management team prior to SKW buying us I dont believe we would have gotten ourselves into the position we were in.

I dont think most line guys are screaming for a 20% pay raise, I think most want a reasonable raise with good working conditions and are going to refuse to take concessions in any section of the contract. Because whats a 20% raise worth if you lose 25% of your pay in other sections of the contract? I think the NO PBS crew is also fairly small as is evidence by their funny website that has less than 600 signatures out of a total group of nearly 5000 pilots(and I believe that website has been running for over a year). I think reasonable gains are possible and now that SKW has reported a profit its hard to hide behind the "we dont have money to pay you" mantra or "these are hard times".




exactly. Although I would say we have closer to 300 chest thumpers using the 10% rule. We also have a ton of guys that simply arent and refuse to be educated about various things.

So if they report a loss are you willing to take concessions? Or is that just a one way street?