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Well-known member
- Joined
- Dec 21, 2001
- Posts
- 6,137
My notes:
Weather and 5% decreased aircraft utilization due to mainline schedule changes (ex Delta pulling down flights on unpopular travel days and United maximizing stage length) hurt 4th QTR profitability. Shutting down Denver for a couple of days hurt and many SkyWest employees could not get to work.
Transferring airplanes and hiring pilots cost several million more than in previous years. The number for pilot training was 1.5 million more. Other expenses include SkyWest's employee stock purchase plan and other incentives which do not get favorable tax treatment, but increase costs.
RFP's:
Growth / Fleet Changes:
Likely increase of 35 aircraft this year. Some will be "spares" two from ASA and SkyWest that will be put into the MidWest program. Mr. Rich was not specific as to which airline would operate these airplanes, but he said these were coming on line:
First Qtr -
10 CRJ 700's
6 CRJ 900's
Second Qtr -
6 MidWest CRJ200's
2 CRJ 700's
2 CRJ 900's
35 Aircraft break down:
Not much mention of ASA and no mention of ASA's negotiations.
Weather and 5% decreased aircraft utilization due to mainline schedule changes (ex Delta pulling down flights on unpopular travel days and United maximizing stage length) hurt 4th QTR profitability. Shutting down Denver for a couple of days hurt and many SkyWest employees could not get to work.
Transferring airplanes and hiring pilots cost several million more than in previous years. The number for pilot training was 1.5 million more. Other expenses include SkyWest's employee stock purchase plan and other incentives which do not get favorable tax treatment, but increase costs.
RFP's:
- SkyWest is a "turboprop Expert" and no one knows the Dash 8 Q400 better. SkyWest looked at the CAL flying but decided the fleet size, location and strain on the current SkyWest operation did not make it a fit.
- SkyWest does not wish to offend United even though ASA could perform the Denver flying, SkyWest is very sensitive to going head to head with their customer and United "owns" Denver.
- The market knows as much as SkyWest does about Delta's RFP for the large RJ's, so there was no need to comment. (Brian Rich appeared to indicate he did not know....)
Growth / Fleet Changes:
Likely increase of 35 aircraft this year. Some will be "spares" two from ASA and SkyWest that will be put into the MidWest program. Mr. Rich was not specific as to which airline would operate these airplanes, but he said these were coming on line:
First Qtr -
10 CRJ 700's
6 CRJ 900's
Second Qtr -
6 MidWest CRJ200's
2 CRJ 700's
2 CRJ 900's
35 Aircraft break down:
- 15 Midwest Aircraft, 11 additional CRJ200's from the used market
- 12 DAL
- 8 900's
Not much mention of ASA and no mention of ASA's negotiations.