So are we rebidding on the 200 again or not

[Medeco]

We shall find out Feb 23rd

 

[JoeMerchant]

How much did ASA lose in the 4th quarter?

How much did ASA make in the 4th quarter?

 

[Nevets]

How much did ASA make in the 4th quarter?

777Forever said ASA lost money. So I was wondering how much ASA had lost.

 

[OCP]

I don't think ASA has EVER lost money. (May be wrong) Skywest made back all the money they spend on us in 2 years. Nothing but gravy since then.

 

[ASABound]

I think with the DAL contract rate reset from last year when our fee per departure amount was lowered that we are making a nil profit if any at all. Not to mention the merger associated costs that will be shown as a loss. Nevets, when SKYW bought ASA , SKYW and ASA mgmt agreed with DAL that we had to be the second lowest cost Delta Connection carrier within five years of being bought by SKYW. When the 5 year mark hit and we weren't the second lowest cost airline in the Delta Connection program SKYW had to negotiate a new fee per departure rate for ASA so that ASA to be the 2nd lowest in cost no matter what the actual operating cost... So now the company appears to be compensating for less revenue from DAL. I don't know specific details but that is it in a nutshell.....