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SKYW 2nd Qtr 2009 Earnings

  • Thread starter Thread starter XPOO
  • Start date Start date
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The fuel reimbursements make the numbers look bad... but by judging from my BONUS CHECK SkyWest did great... The $1000 will come in handy for a little vacation this month.
 
SkyWest has better performance which makes for a larger Performance Reward Bonus, and SkyWest turns a higher profit margin which makes for a larger Financial Reward Bonus.
 
Looks like SkyWest was around $20 mill of the $26 mill. So ASA only helped out with $6 mill... My bouns was Net $1200..
 
Looks like SkyWest was around $20 mill of the $26 mill. So ASA only helped out with $6 mill... My bouns was Net $1200..

These numbers are not available publicly because they are consolidated for financial reporting. So, where did you get them? Did you pull them out your arse?

When purchased, ASA was making equal profits as Skywest. If something different has happened since the purchase, then who is to blame? Skywest, certainly, is making more today than ASA, because you were grown. However, I highly doubt that the ratio that you suggest is any where near accurate. Bottom line, WE are making nice profits for our Parent Company, at a time when everyone else is struggling.

Cheers!
 

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