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Old 04-02-2011, 06:56 PM
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Default SkyWest warns of 1Q loss, 1st in 23 yrs

SkyWest Inc. warns of Q1 loss, its first in 23 years | The Salt Lake Tribune
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Old 04-02-2011, 07:06 PM
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time to start shorting their stock...
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Old 04-02-2011, 07:50 PM
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You really can't acquire something to the size and shape that Xjt was in and assume rosy conditions immediately afterwards....perhaps a 1q loss, perhaps more following, but the overall dynamic of the company has been changed for the better and I for one applaud it and welcome perhaps a change in the industry.
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Old 04-03-2011, 01:02 AM
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That's due to heavy losses in the first class snack department.
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Old 04-03-2011, 05:23 AM
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You really can't acquire something to the size and shape that Xjt was in and assume rosy conditions immediately afterwards....perhaps a 1q loss, perhaps more following, but the overall dynamic of the company has been changed for the better and I for one applaud it and welcome perhaps a change in the industry.
The press release didnt mention the merger/acquisition costs as one of the 5 primary factors for the loss.

What change are you eluding to?
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Old 04-03-2011, 05:55 AM
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Had this good news been announced before ?

.... "A few weeks ago, SkyWest received a new contract that will increase the number of block hours it flies for United and Continental by more than 20 percent, triggering a need for more employees..."

If it had been, I missed it and sorry for the repeating the obvious
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Old 04-03-2011, 07:33 AM
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Kraupp said ExpressJet was hurt worst by the storms, which shut down operations in Houston, Cleveland and Newark. Next was ASA, which flies into Atlanta and Dulles. Least affected was SkyWest Airlines, whose weather troubles were centered at Chicago’s O’Hare International Airport.
Just incase anyone was wondering whether it was Skywest, ASA, or Expressjet which caused this...

One out of 88 quarters isn't that bad. Skywest is still by far the best regional out there.
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Old 04-03-2011, 10:07 AM
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The weather delays/cancelations and crew shortages sure haven't helped since January.
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Old 04-03-2011, 10:25 AM
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Kraupp said ExpressJet was hurt worst by the storms, which shut down operations in Houston, Cleveland and Newark. Next was ASA, which flies into Atlanta and Dulles. Least affected was SkyWest Airlines, whose weather troubles were centered at Chicago’s O’Hare International Airport.
Just incase anyone was wondering whether it was Skywest, ASA, or Expressjet which caused this...

One out of 88 quarters isn't that bad. Skywest is still by far the best regional out there.
Doesn't matter. It's all Skywest Inc.
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Old 04-03-2011, 11:52 AM
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Originally Posted by Nevets
Doesn't matter. It's all Skywest Inc.
That's true Nevets. My comment wasn't hate directed at Xjet or ASA. I like both those companies and wish them the best. I just wanted to counter all the pro-union people who want to see Skywest do poorly. The Skywest division probably made a profit last quarter.

I'd much rather work for a non-union company. I was with Skywest and loved it. Now that i'm with CAL, I have an even larger appreciation for how much better it is to work for a non-union carrier.
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