SkyWest Inc. On The Prowl For Further Aquisitions

[amcnd]

And nothing that XJT did or did not do caused that loss. WX cancels were a huge factor, they did some early heavy checks on CRJ's(not cheap) and a couple other things I dont remember, however XJT was NOT mentioned as a reason that SKW inc lost money.

I agree, but just think they have to much on the plate.. Untill things settle down and D0/A14 nmbers are up and stable they won't do anything.

 

[Terantious]

I agree, but these guys sound proud (I might be wrong, it's tough to read emotion) and will make no effort to try pursuade their companies to take on the pilots. There is this funny thing called unions. If an ALPA carrier is purchased, I would hope to hell that they make a play to get their fellow union guys jobs after an "asset transfer". I understand pilots have no say in whether or not a carrier is purchased, but there is no reason they have to sit by and let it happen either.

No sense in getting all worked up when there is nothing you can do about it. Like "BOX OFFICE" said, they are corporate decisions. Assets only aquisition would suck for those on the losing end for sure and what do you expect the pilots to do. The pilots will know about the aquisition after the deal has been completed, so not sure what you mean by, "sit by and let it happen." I am pretty sure the "details" will have already been worked out with the union, if there is a union involved, before the deal is finalized.

 

[bri5150]

No sense in getting all worked up when there is nothing you can do about it.

Is this the phrase of the year? It's completely ridiculous. I am not all worked up about this thread, but that statement makes no sense. There was nothing I could do about getting furloughed due to corporate greed, but damn straight I got worked up about it. There is nothing I can do about the diminishing value of my house, but you better believe I am worked up about it (only because I am trying to move). If I was at Horizon, and the purchasing company said they wanted my airplanes without me, you know I would be worked up about it...yes, even if there was nothing I could do about it.

 

[EngineOut]

Horizon, Eagle, Comair, Mesa? No, no, no and no.

It's Republic Air Holdings. Keep it on the DL, please.

 

[XPOO]

Erlanger speaks the gospel.

 

[NWaviator]

Right now most Horizon pilots would be happy with being bought by SkyWest.

 

[cbrown1]

Erlanger speaks the gospel.

You guys haven't had a great track record of rumors coming true.

 

[Erlanger]

You guys haven't had a great track record of rumors coming true.

Mabe you should read all the posts in this thread I started many months ago.
http://forums.flightinfo.com/showthread.php?t=138886

And don't forget to re-read the post you made, 5th one down.

 

[homerjdispatch]

Erlanger gets it right WAY TO OFTEN! In fact, I buy and sell stock based on his posts!

 

[cbrown1]

Mabe you should read all the posts in this thread I started many months ago.
http://forums.flightinfo.com/showthread.php?t=138886

And don't forget to re-read the post you made, 5th one down.

Ill give you that one but skywest buying horizons assets just seems too extreme. What would happen to them?

 

[JoeMerchant]

Ill give you that one but skywest buying horizons assets just seems too extreme. What would happen to them?

Same thing that happened to ACA and Alleghany, and is currently happening to Comair...

 

[Capi_Cafre']

Ill give you that one but skywest buying horizons assets just seems too extreme. What would happen to them?

Would happen? How about is happening? How about Horizon jets, on the Horizon ramp, with Skywest crews? The only thing that's keeping what's left of Horizon alive is the inability to find someone to take the Q400 leases off their hands.

 

[Skaff]

Nah... Skywest will buy Comair's assets, then offer preferential hiring to Comair pilots. Sorry guys. Sucks.

 

[jetstream]

Maybe SkyWest is just following the lead of the legacy carriers. Buying other carriers and merging them to form a larger, stronger airline.

 

[AntiJedi]

Maybe SkyWest is just following the lead of the legacy carriers. Buying other carriers and merging them to form a larger, stronger airline.

The last time a regional airline successfully made a name out of itself by absorbing as many airlines as it could in the shortest amount of time, was Allegheny, and well, look where they are now...

 

[BrickTop]

I'll bet my first born child that SkyWest will never fail maybe even become the next Legacy.

 

[damnflyboy]

I'll bet my first born child that SkyWest will never fail maybe even become the next Legacy.

Jinx!

 

[BrickTop]

Jinx!

Give me some credit, I'm usually a Debbie Downer.....!

 

[Flyby1206]

The last time a regional airline successfully made a name out of itself by absorbing as many airlines as it could in the shortest amount of time, was Allegheny, and well, look where they are now...

In this case I dont really see Skywest trying to make a name for itself, but just grab as much market share in the regional fee for departure game as possible. With only 3 main players in the regional industry (RAH, Skyw, Pncl) they will be able to gain leverage and charge more for their service. I can guarantee the price of regional feed will always be juuust a bit less than if a mainline carrier was to do it themselves.

 

[nerjdriver]

Don't think so... They are still choking on xjt... First loss in 25+ years... Doubt they are looking at anything right now. In 2 years maybe..

Ya and what a shocker JCBA negotiations just started! Amazing what that LOSER CHIP CHILDS the accountant can pull off.