SKYW wants to buy another airline?

[RNP.15]

Skywest people, you need to get over your selves, your not going to buy Alaska. Horizon now that a different story. I could see that.

 

[NWaviator]

Everyone wants everyone elses flying. Everyone is selfish and wants to upgrade. Welcome to the future Alaska Air Express.

 

[captain822]

heard today, SKYW wants to buy another airline..wonder if they will go for another regional or maybe a company with bigger airplanes. How is the Brazilian airline they bought into doing? Tripp i think its called..does owning shares in a airline in south america help stock prices of skywest?

I'll try to contribute to the original post. Historically, SkyWest has made investments they consider "safe". I wouldn't be surprised if they just made an additional investment in TRIP Linhas Aereas. SkyWest owns 20% of TRIP, the max allowed under Brazilian law. That law is going to change to allow 49% foreign ownership.

The initial investment of $30 million could be raised to almost $74 million. Peanuts! Not sure what they have in mind for the $900 million sitting in the bank.

As far as TRIP's stock price, I'm not sure. I believe it is privately owned.

http://blogs.wsj.com/deals/2010/12/...il-opening-its-airlines-to-foreign-ownership/

 

[yahooair]

Im wondering if that is a new trend. buy airlines in other countries..south america is exploding with new entries and asia as well

 

[10nCLR]

I'll try to contribute to the original post. Historically, SkyWest has made investments they consider "safe". I wouldn't be surprised if they just made an additional investment in TRIP Linhas Aereas. SkyWest owns 20% of TRIP, the max allowed under Brazilian law. That law is going to change to allow 49% foreign ownership.

The initial investment of $30 million could be raised to almost $74 million. Peanuts! Not sure what they have in mind for the $900 million sitting in the bank.

As far as TRIP's stock price, I'm not sure. I believe it is privately owned.

http://blogs.wsj.com/deals/2010/12/...il-opening-its-airlines-to-foreign-ownership/

I've been saying this for over a year now. They invest more now since foreign ownership is up to 49%. A robust expanding economy with an increasing young middle class willing to travel, soon to be hosts for the Summer Olympics and the World Cup. The opportunity is there and it's all about the timing. The company is still private and has a great management team, but when it goes public....lookout!! Easy $$$$$$.