SkyWest, Inc. 2010 Q4 Earnings

[XPOO]

Link here.

 

[Baronman]

I bet SKWY Airlines is glad their little pay package deal came through before this release came out!!

ASA/XJTers....just more information confirming Skywest Inc can afford a good contract for us. Forget these pittances they dump on those other pilots that fly for INC. Not good enough for us.

 

[BoilerUP]

4.67% profit margin, by my math.

 

[XPOO]

The fuzzy math boils down to 2.42% for OO

 

[COOPERVANE]

Glad you're back. Where U been at?

 

[BrickTop]

Move SkyWest INC. to the MAJORS Board....

$804 million in cash
704 Aircraft.

 

[cybourg10]

Not very good margins for a business that size. Maybe combing all 3 airlines into one could boost that up a couple percent, after all it is what would be best for the shareholders and employees.

 

[AntiJedi]

Granted, SkyWest is not Southwest, but given the industry, that's a good margin.

 

[Baronman]

Granted, SkyWest is not Southwest, but given the industry, that's a good margin.

Exactly...Airlines (even Southwest) don't enjoy margins like other big companies. This was a good year for Skywest and it's time for them to reflect that with a good contract for ASA/XJT.

 

[XPOO]

704 aircraft make SkyWest, Inc. the fourth lagest airline entity in the world, behind Delta (726), Lufthansa (et al.) (722) and United (710).

 

[DGdaPilot]

704 aircraft make SkyWest, Inc. the fourth lagest airline entity in the world, behind Delta (726), Lufthansa (et al.) (722) and United (710).

Sounds like you just creamed your dispatcher keyboard. Clean up for the next guy, would ya?

 

[XPOO]

Sounds like you just creamed your dispatcher keyboard. Clean up for the next guy, would ya?

Just stating a fact, oh glorious bus driver.

 

[Medeco]

704 aircraft make SkyWest, Inc. the fourth lagest airline entity in the world, behind Delta (726), Lufthansa (et al.) (722) and United (710).

Unfortunately, the payroll of the employees does not reflect in an equal manner.

Therefore, we are still just a regional airline.

No wait, a SUPER REGIONAL AIRLINE!!!

 

[nimtz]

704 aircraft make SkyWest, Inc. the fourth lagest airline entity in the world, behind Delta (726), Lufthansa (et al.) (722) and United (710).

Glad there is all that metal over there. With oil heading up we sure could use some scrape for beer cans.

 

[DGdaPilot]

Just stating a fact, oh glorious bus driver.

Nothing glorified about it, spooge monkey. Get back to your job of being the flight crew's biyatch.

 

[XPOO]

Nothing glorified about it, spooge monkey. Get back to your job of being the flight crew's biyatch.

Sir, yes, sir! 15 hour duty day? Multiple aircraft swaps? APU and pack deferrals? Your wish is my command.

 

[russtgol]

Glad there is all that metal over there. With oil heading up we sure could use some scrape for beer cans.

Why would you need scrape for beer cans nimnuts?

 

[On Your Six]

Move SkyWest INC. to the MAJORS Board....

$804 million in cash
704 Aircraft.

450 of those planes are unprofitable with high oil prices. If oil stays high, they could be parked. The cash pile would shrink.



OYS

 

[BoilerUP]

If oil stays high

It won't - oil is up on geopolitical concerns (read that as FEAR), not any actual substantive decrease in output from OPEC member countries.

As long as nobody shoots at Israel, oil will likely come back down in the 80-90/bbl trading range inside of 6 months.

 

[On Your Six]

It won't - oil is up on geopolitical concerns (read that as FEAR), not any actual substantive decrease in output from OPEC member countries.

As long as nobody shoots at Israel, oil will likely come back down in the 80-90/bbl trading range inside of 6 months.

80 is still too high for RJs. It needs to be below 50 for the 50 seaters. Think of you guys as Alamo Rental with a bunch of 1990 Ford Tauruses. Analysts and passengers hate them, and Mainline CEOs are starting to join the party too. A particular CEO just bragged during a conference call that he had parked 120 of them, and more are on they way out. Mainline scope won't get any more loose to allow you to replace all of them with larger planes too. Not good for you. Enjoy the pile of cash for now. Buying up the competition (XJT and ASA) is just temporarily delaying the inevitable.



OYS