Skywest stock?

[nimtz]

I agree the 70 seat pay at 50 seat rate is wrong, but by allowing (or should I say,by having no option of taking) this abuse we have allowed something big to be announced. Lets hope it is worth it.

The above represents exactly why I believe the Skywest Pilot Group will continue to be ZERO help to the future of this profession at the small jet level. Boy I hope it's worth it too pal. Maybe you'll be lucky enough to replace more UAL narrowbody flying by even getting to fly an Airbus yourself!

YOu guys that see things right over there best get every last hour of 'Turbine PIC' and pray somebody hires you asap. With numbnuts like this in your group you can plan on many years of doing whatever Jerry wants. I hope for everyone's sake this guys is a flamer.

 

[Major Metalhead]

Amazing how everyone between Skywest and ASA are bashing on each other for something that hasnt even happened. Anyone can guess or predict what is coming down the road, but until (or if) anything happens why continue this?

 

[Dave Benjamin]

An anouncement that may be good for sharehoders is expected.

An order for 190's is coming for the United system.
Talks of bidding on flying 190's for America West/US Airways too.
These will all be flown at 50 seat rates.
ASA purchase will stay as 2 separate certificates.
Nice work Skywest, you continue to lower the bar for the rest of us

So let me guess. You are a gifted psychic and know all of the above to be true.
Or you're just a bitter furloughed guy spouting off.

Only time will tell. If much of the above was true the SEC would be interested in having a chat with you. According to widely dissemeinated public information any of the above is possible I suppose. SKYW leadership is on record as stating they have pursued and will continue to purse different expansion and business opportunities. Like anyone else you're just making a WAG. Aside from the ASA speculation I'd wager your frist 3 sentences turn out to be totally inaccurate.

 

[RoyalAviation2]

To speculate on an answer to the original question, it might be interesting to have a look at the bank statements of some of the 4th and 5th cousins of the powers that be in SGU. Did cousin Ed suddenly come into a few million dollars and a stock tip? Maybe a little "outsider" insider trading going on in anticipation of some big announcement?

It sure seems like a lot of stock activity and price increase for "business as usual," doesn't it?

Business as usual? They just posted another $34 million dollar profit this quarter. I think thats enough reason for the stock to go up.

 

[SKYWRJGUY]

Man am I out of the loop as to how this industry works. Perhaps I should just post something here in order to rally folks to my cause (albeit tired) even if what I write comes at the expense of original thought or adolescent whining. I like the protection of anonymity though, makes me feel triumphant and larger than life. I like flying shiny new 70-seaters for 50-seat rates, would do it for Brasilia rates if possible, and might even change my profile to reflect a more acceptable (or at least mainstream for the antagonists) version like having generic aircraft experience, a nice play on words for both position and time, and fluff my ratings a little bit so I can presume more respect; that however, would detract from my obsession of being a worthy SCAB. I won't even delve into the history of industry because that's not important, because everything I need to know I can get from these Boards or from my representatitive body, regardless of bias or accuracy. In the macro- and micro-environment, this industry is really like so many others, but I can't really accept that because I am a pilot, and deserve so much more than other classes of workers, because of my current and past struggles--I hated being forced into such a position and lifestyle. But what do I know, I am so far out of the loop as to how this industry works.

Stock price will fall (a few points only) over the next week, if history is a good market trend, as investors chose to take their profit.

 

[Tomct]

More pointless bull$hit! Or should I say SCAB!!

 

[maddog805]

http://sunsite.berkeley.edu/London/Writings/WarOfTheClasses/scab.html

You dumbasses should read this.

 

[LivingToFly]

I agree that the 70-seat pay at SkyWest is atrocious. It's an insult. That's why I, and many pilots like me, don't bid it. If you don't bid it, they won't award it to you. Every pilot I know at SkyWest that flies the 70 chose to do so by bidding 70-seat lines. I think it's very short-sighted to do this for a decent line, or to get off reserve, but it happens.

I don't fly it either, but how is bidding for one of the -700 lines short-sighted? The agreement to fly them was already voted on...not bidding for the lines just means they will go more junior. I doubt the company cares whether they go junior or not. The metal will move regardless. If you see one you like and don't mind the extra training, you might as well bid for it and get some good out of it! If you don't, it just means someone junior to you will...even if it's the bottom guy on the list, the company doesn't care.

 

[viper548]

If all the 70 lines go junior, that means the company is paying less for the pilots to fly it than they do the 50

 

[joe_pilot]

Blah, Blah, Blah.....jeez.

To speculate on the original question: Posted a $34 million profit, numbers look good, cash in the bank, which leaves the co. in a good position to take advantage of opportunities that may arrise.

That and normal market fluctuations. Equities go up (and down) all the time based on no real news. Why? It is a human based market, subject to human based irrationalities.

Kinda like this board.

 

[pinkbush]

My bet is that plane is RC.

Current position doggystyle? And a picture of a dog? Who cares who fly's what when you're broadcasting yourself that way!!

Luv,
Crack

 

[Illinois]

Soup can, I think these guys have you pegged pretty well, but I have to respond to your tirade. You shouldn't confine your view of concessionary pilot groups to the regionals. Aside from SWA, who hasn't taken concessions? I agree that the 70-seat pay at SkyWest is atrocious. It's an insult. That's why I, and many pilots like me, don't bid it. If you don't bid it, they won't award it to you. Every pilot I know at SkyWest that flies the 70 chose to do so by bidding 70-seat lines. I think it's very short-sighted to do this for a decent line, or to get off reserve, but it happens.

If you are a J4J guy, you really have no moral high-ground on which to stand while insulting other regionals.

There is no "choosing" to fly the 700 in ORD anymore. Training is required, and there are only two 200 lines next month.

Soup Can and others have a narrow view of where to place blame. Nobody with a Skywest ID will be able to change that right now. Don't waste your time.

SGU is using the "ace" we rubber-stamped to gain ground that other companies lose. Problem is...this hurts us in the long-run too.

 

[difete]

To Mr. wiseguy

The above represents exactly why I believe the Skywest Pilot Group will continue to be ZERO help to the future of this profession at the small jet level. Boy I hope it's worth it too pal. Maybe you'll be lucky enough to replace more UAL narrowbody flying by even getting to fly an Airbus yourself!

YOu guys that see things right over there best get every last hour of 'Turbine PIC' and pray somebody hires you asap. With numbnuts like this in your group you can plan on many years of doing whatever Jerry wants. I hope for everyone's sake this guys is a flamer.

You talk about future of what profession?
R-E-G-I-O-N-A-L pilot. That is what you and I signed the doted line for buddy. So what is your whinning about? Didnt you know what were you getting into when you interviewed? Yeah right!

Here, let me break reality to you. There is no union here, Jerry does what he pleases with his airline, the pilot group is very diverse in opinion, and no one knows what is going to happen in the future.

Some pilots want to leave now that they have the PIC, some want to stay with an airline that posts profits, some just ride the waves, and some others want change for the better. To each its own.

I just hope to see something being done that benefits our pilot group after giving managment cheap 70-seat flying. Because if it does not happen, believe me... change will be inevitable.

You are not here at SKW, so I suggest for you to write about your quest to better "this industry", and not to bash on people, and things you know nothing about.

And by the way... "your mom goes to college"

 

[nimtz]

You talk about future of what profession?
R-E-G-I-O-N-A-L pilot. That is what you and I signed the doted line for buddy. So what is your whinning about? Didnt you know what were you getting into when you interviewed? Yeah right!

Go back to your memory items junior. When I was hired it was get your time and get out to one of the majors hiring. I was hired by a C-O-M-M-U-T-E-R. Back then the 50 seater had just started to become an open wound, but mainline guys were not replaced by the 50 seaters at my airline until post 9/11. With the cancer of the 70 and now (god forbid) 90 seaters we see Guppies parked and directly replaced by 'regional jets'. I never signed up for that and thanfully neither has my pilot group.

Here, let me break reality to you. There is no union here, Jerry does what he pleases with his airline, the pilot group is very diverse in opinion, and no one knows what is going to happen in the future.

It is utterly pathetic that 80% of your pilot group gave an endorsement to Jerry to freeze the 70 seat pay at 50 seat levels. This was about the worst precedent set after 9/11 at our level. The fact that a successful collective bargaining drive still has not succeed is also pathetic.

I just hope to see something being done that benefits our pilot group after giving managment cheap 70-seat flying. Because if it does not happen, believe me... change will be inevitable.

Umm your company operates 32 CRJ-700's. The 'bad precedent' already got the growth that probably lead to you getting hired, because it sure wasn't attrition. How many more benefits you want for all your 'hard' sacrifices?

That's great you will sacririce so much for growth so you can get that valuable turbine PIC. Nevermind the Guppies such valued growth sends to the desert. Good luck thinking you are competitive at FedEx, LUV, or UPS with the magical 1000 PIC.

You are not here at SKW, so I suggest for you to write about your quest to better "this industry", and not to bash on people, and things you know nothing about.

I obviously know more about your company's last three years then you have demonstrated. Good luck 'getting something' for all your hard efforts newbie. I'm sure you'll get all large jets you can possibly handle and get that valued two year upgrade you so desperatly seek. After all at your price everyone is willing to buy.