Skywest v2.0
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Joined APC: Jun 2016
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Though I would say unlikely.
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Joined APC: Feb 2015
Position: Downward Dog
Posts: 1,875
Why is Wall Street buying up this companies stock?
This is weird behavior over the last 6 months.
This is weird behavior over the last 6 months.
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Joined APC: Apr 2010
Posts: 802
What the flight crews can't see is that they are being screwed by the koolaid haze showered by management. Our rates are less, our reserve rules are draconian at best, and our policy manual might as well be written on an etcha scetch.
Don't get me started on the block vs credit BS!
Wall street can see the job gets done for less because the workforce isn't getting their share. Simple economics.
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Joined APC: Jul 2008
Posts: 4,238
Because they can see that SkyWest can generate a far greater profitability than the other regionals.
What the flight crews can't see is that they are being screwed by the koolaid haze showered by management. Our rates are less, our reserve rules are draconian at best, and our policy manual might as well be written on an etcha scetch.
Don't get me started on the block vs credit BS!
Wall street can see the job gets done for less because the workforce isn't getting their share. Simple economics.
What the flight crews can't see is that they are being screwed by the koolaid haze showered by management. Our rates are less, our reserve rules are draconian at best, and our policy manual might as well be written on an etcha scetch.
Don't get me started on the block vs credit BS!
Wall street can see the job gets done for less because the workforce isn't getting their share. Simple economics.
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Joined APC: Apr 2015
Posts: 104
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Posts: 2,648
That was by design. If Inc would’ve given them all the new planes plus as many transfers that Skywest received from Expressjet it would be Skywest that was unprofitable. Shiny new metal, a good contract, and the would’ve had no problem attracting people. Plus movement would’ve balanced out the list so it wasn’t so top heavy. You make it sound like they bought a turd for a company. But Skywest destroyed ExpressJet. The nail in ExpessJets coffin was that the spineless bunch at Skywest will do it for a lot cheaper. Now is the time to stand up for what you’re worth and what do you guys do??? Enjoy your new Mesa rates
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Joined APC: Apr 2015
Posts: 104
That was by design. If Inc would’ve given them all the new planes plus as many transfers that Skywest received from Expressjet it would be Skywest that was unprofitable. Shiny new metal, a good contract, and the would’ve had no problem attracting people. Plus movement would’ve balanced out the list so it wasn’t so top heavy. You make it sound like they bought a turd for a company. But Skywest destroyed ExpressJet. The nail in ExpessJets coffin was that the spineless bunch at Skywest will do it for a lot cheaper. Now is the time to stand up for what you’re worth and what do you guys do??? Enjoy your new Mesa rates
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Joined APC: Jul 2008
Posts: 4,238
That was by design. If Inc would’ve given them all the new planes plus as many transfers that Skywest received from Expressjet it would be Skywest that was unprofitable. Shiny new metal, a good contract, and the would’ve had no problem attracting people. Plus movement would’ve balanced out the list so it wasn’t so top heavy. You make it sound like they bought a turd for a company. But Skywest destroyed ExpressJet. The nail in ExpessJets coffin was that the spineless bunch at Skywest will do it for a lot cheaper. Now is the time to stand up for what you’re worth and what do you guys do??? Enjoy your new Mesa rates
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Joined APC: Apr 2010
Posts: 802
It wasnt the pilot contract that was unprofitable... was the MX cost and the CPA rate vs ac leases that they didn’t donthete do diligence... they bid the coa at OO costs then realized that XJT cost 300 more a hr to operate... they weren’t able to get costs inline... so yes OO’s fault. Now the real question. Will OO match repubic/Endeavor rates... my 8 ball says yes they will before this current contract is up...
It doesn't matter if they match their rates. SkyWest will just roll back the credit value for each flight and we will still go no where. Go on open time and pick any trip that doesn't have a dead head on it. The block will exceed the credit by an average of 9%, I've seen as high as 20%! That's how much higher our rates would have to be above endeavor/republic just to match! There is no other airline that does this block vs credit crap!
The block vs credit BS is nothing but pure management robbery. Simply it's theft by deception, but when people are too stupid to know any better, more koolaid please!
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Joined APC: Nov 2016
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