SkyWest may seek merger with rival airline ExpressJet

[PCL_128]

Sounds like you guys are already resigned to the fact that the PCL rates are going to be less than the Skywest rates....

Naw, I'm just messin' with you Joey. I'm pretty confident that they'll be better. It doesn't take much to beat them. I'm expecting a couple of bucks more than the Skywest override rate.

 

[ATRCA]

I seriously doubt that SkyWest will be "acquiring" XJT. XJT is not Skyway or ASA for that matter. XJT is a much larger company with pretty strong financials (at the moment) and almost 300 a/c. A merger seems more likely to me.

 

[WalterSobchak]

I seriously doubt that SkyWest will be "acquiring" XJT. XJT is not Skyway or ASA for that matter. XJT is a much larger company with pretty strong financials (at the moment) and almost 300 a/c. A merger seems more likely to me.

The financials are technically strong at the moment, but the actual market value of the company is tanking further and further by the day.

Also, I think the size of the ExpressJet operation is exactly the reason you WILL see acquisition and not a merge. There's too much to move over to one certificate......whereas aquiring, tweaking the business plan (i.e, getting the hell outta self-branded ops), and allowing ExpressJet to continue to run with few true operational changes is likely the way to go.

However, the more I look at it, doing away with the branded operation and possibly using those aircraft for charter ops (like XJet is already doing) could makes this more of a merge...

Then again, it's 1246z, I'm effin' tired, have a head full of wx and NOTAMs, and unable to piece together a sentence.

 

[Bako Cap]

ATRCA
Xjet stock as of Friday; $2.30 (not very strong)
SkyWest Inc. stock as of Friday; $25.01 with over $700M in the bank. Then there can be a triple whipsaw in house. Yehaw (sarcasm).

 

[samballs]

.....sorry, should have said "700/E170"..... Better? I think you know what I meant....

Funny how they got to that position, maybe because of other companys going into BK

 

[theskyking]

Not really. The IBT simply isn't set up to represent air line pilots. I'm sure they do a great job for truckers, but pilots need representation that understands their career, especially at a small carrier like GIA that needs all the experienced help it can get. The IBT can't provide that help, but ALPA can. At carriers like Horizon and RAH, they have a large enough pilot group that they can mitigate this problem with the experience base that they have. GIA only has about 250 pilots, half of which are brand new to the industry. Not a very good knowledge base to run a union from without vast assistance from a national organization that understands pilot issues. I thought I did. I wouldn't work for either. I don't believe the union representation at GIA to be adequate, and Skywest doesn't have any at all. Neither carrier fits my needs, so I wouldn't work for either.

Found myself laughing at this. I fly for NetJets, who has arguably the best contract in the aviation industry, and we just happen to be IBT. Our contract was obtained through pilot solidarity and great local leadership. The national organization you send your dues to is less important than those.

You also completely discredit yourself by saying you would work for Mesa than OO. What an absurd statement. A legally binding contract ensuring you receive a handful of sh!t each week is not something to take over a non-union job with OK pay and work rules. Sure those can change, but for them to get to the level of Mesa's would put a union on property in a heartbeat. And SGU ain't gonna do that.

 

[Erlanger]

For some of you that think Skywest and ExpressJet would merger, well you're delusional. Skywest doesn't need to merge with anyone. They may buyout ExpressJet like they did ASA but no merger.

Jerry Atkin has always said from the start that he doesn't think that ExpressJet branded flying would ever work. When they first started it, I personally heard him say he gives them 2 years and then they'll end up like Independence. During Independence's days he also said it wouldn't work. The Skywest bigwigs have always said the branded flying is not in Skywest's future. They don't believe it can work. If Skywest was to buy ExpressJet you can bet that Skywest would stop the branded flying immediately.

As far as a merger of the senority list; ain't going to happen even if there was a buyout.

Skywest bought ASA to protect the DCI flying. ExpressJet has very little DCI flying (the LAX flying is eventually going back to Skywest, Inc.) and nor does their failing branded flying threaten anyone. Skywest will eventually get Continental flying without ExpressJet.

 

[10nCLR]

For some of you that think Skywest and ExpressJet would merger, well you're delusional. Skywest doesn't need to merge with anyone. They may buyout ExpressJet like they did ASA but no merger.

Jerry Atkin has always said from the start that he doesn't think that ExpressJet branded flying would ever work. When they first started it, I personally heard him say he gives them 2 years and then they'll end up like Independence. During Independence's days he also said it wouldn't work. The Skywest bigwigs have always said the branded flying is not in Skywest's future. They don't believe it can work. If Skywest was to buy ExpressJet you can bet that Skywest would stop the branded flying immediately.

As far as a merger of the senority list; ain't going to happen even if there was a buyout.

Skywest bought ASA to protect the DCI flying. ExpressJet has very little DCI flying (the LAX flying is eventually going back to Skywest, Inc.) and nor does their failing branded flying threaten anyone. Skywest will eventually get Continental flying without ExpressJet.

Word! <over>

 

[Bushhatesyou]

For some of you that think Skywest and ExpressJet would merger, well you're delusional. Skywest doesn't need to merge with anyone. They may buyout ExpressJet like they did ASA but no merger.

Jerry Atkin has always said from the start that he doesn't think that ExpressJet branded flying would ever work. When they first started it, I personally heard him say he gives them 2 years and then they'll end up like Independence. During Independence's days he also said it wouldn't work. The Skywest bigwigs have always said the branded flying is not in Skywest's future. They don't believe it can work. If Skywest was to buy ExpressJet you can bet that Skywest would stop the branded flying immediately.

As far as a merger of the senority list; ain't going to happen even if there was a buyout.

Skywest bought ASA to protect the DCI flying. ExpressJet has very little DCI flying (the LAX flying is eventually going back to Skywest, Inc.) and nor does their failing branded flying threaten anyone. Skywest will eventually get Continental flying without ExpressJet.

Hey dumba$$ Skywest already had Continental flying, and lost it.....

 

[bmpilot2003]

Hey dumba$$ Skywest already had Continental flying, and lost it.....

SkyWest didn't lose anything. Continental did not want to offer a long enough contract to fly a new fleet type so SkyWest turned down the contract.

But you knew that right?

In comes Colgan.