Somebody is making Money

[atlcrashpad]

SkyWest quarterly profit rises
Oct. 27 2005: 9:30 a.m. EDT
SkyWest, Inc. on Thursday said quarterly profit rose, helped by a strong increase in revenue. Net income for ASA's parent company rose to $30.1 million, or 51 cents per share, from $21.3 million, or 37 cents a share, a year earlier. SkyWest, Inc. will host a conference call Thursday at 11 a.m. EDT to discuss the third quarter 2005 earnings results. The company will provide an overview of the results followed by a Q&A session.

 

["GO AROUND"]

Do you sit and wait for news to happen? Sheesh.

 

[Dangerkitty]

SkyWest quarterly profit rises
Oct. 27 2005: 9:30 a.m. EDT
SkyWest, Inc. on Thursday said quarterly profit rose, helped by a strong increase in revenue. Net income for ASA's parent company rose to $30.1 million, or 51 cents per share, from $21.3 million, or 37 cents a share, a year earlier. SkyWest, Inc. will host a conference call Thursday at 11 a.m. EDT to discuss the third quarter 2005 earnings results. The company will provide an overview of the results followed by a Q&A session.

If you have a fee for departure revenue model then you can fly your airplanes around all day long without a single passenger and still make money. This aint a very big deal nor is it surprising.

 

[Papa Woody]

Now if we all take paycuts, the profit will be even higher.

Whaddayasay?

 

[Stifler's Mom]

Spread the wealth then.

 

["GO AROUND"]

From what I've heard Skywest and now ASA are now paid based on performance not fee per departure.

 

[dkwid]

From what I've heard Skywest and now ASA are now paid based on performance not fee per departure.

Yes, and their performance is takeoff and land get paid. In addition there are incentive bonuses for higher levels of performance built into almost all fee for departure contracts, which only makes sense.

Curious, how do you figure someone could be paid only based on performance?