ASA/ExpressJet

Trip7 said:
I disagree. I believe there is lots of opportunity on the horizon for Expressjet. Bombardier just quoted that the potential order from Skywest Inc is "enormous". I believe we will be getting CRJ700/900 flying for AMR, more 700s/900s for UNICAL, and more 900s for DAL. However I do believe the ATL base/Delta operation of Expressjet will shrink due to rapid retirement of the CRJ200 in exchange for 900s.

I believe Skywest has agreements in place and just waiting on each Legacy airline to get their pilot contracts talks finalized.
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I'm sorry, but AMR? The whole reason they're trying to outsource is for cheaper flying. I would venture to guess ExpressJet is as expensive, if not more than Eagle. In a news article published about a month ago it said that SkyWest rejected two RFPs because they'd lose too much money on it. One could expect it was AMR flying and maybe the other was Q400 flying from Colgan. Expect to see the bottom feeders like GoJet and RAH to win out on this one.
 
Trip7 said:
We did get 700s from Horizon. Eagle 700 and/or 900 flying still to come. Shouldn't be too long from now

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Dude...
Are you being sarcastic? I've heard of having a positive outlook but you've taken it to a whole different level.
 
Trip7 said:
Speaking of, I just put my money where my mouth is. Went 100% Skywest stock for future 401k deductions. Going to gather up a couple grand of the stock while it's cheap. I think it has the potential to be a double bagger in the near term. And yes I know the Street just downgraded the stock......

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"The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down." - A Wise Man
 
Skywest stock up over 14% today. Raymond James just upgraded the stock to outperform.


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Trip7 said:
Skywest stock up over 14% today. Raymond James just upgraded the stock to outperform.
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Cool, anything is possible from trade to trade, or investment to investment.

My non-professional this-is-not-investment-or-trading-advice input: Many, many people (myself included) have gotten smoked doing exactly what you're doing. If you're buying up your company's stock to prove to everyone how much you believe in it, without any real information to give you an edge throughout 4 months of aggressive selling into 15-year lows, you're not in this to make money; you're in it to make a statement, and the market doesn't give a damn what you think.

Here's a scenario to chew on, in case your unfailing belief in your company is making you ignore all the "bad stuff" that could happen (and yes, all this bad stuff could happen):

You buy 100 shares at $7.85.
-SKYW drops to $7.00... Do you buy more, or sell?
You buy 100 more shares at $7.00.
-SKYW drops to $6.00... Do you buy more, or sell?
You buy 100 more shares at $6.00.
-SKYW hits a bad earnings call and drops to $4.00... Do you buy more, or sell?
You buy 100 more shares at $4.00.
-SKYW files for bankruptcy protection and falls to $0.80... Do you buy more, or sell?

If you sell, you've realized a loss of just about $2,200. If you buy 100 more, you're now sitting on about $2,600 of worthless stock (now worth $400) that may or may not ever go back up. So, where do you sell? Do you have a plan? Is your informational edge so good that you don't need to think about the risk?

I hope you make thousands off this investment, I really do. However, if your mindset is that you have something to prove, or that your information is so good that you just can't be wrong, please just take your $2,000 over to the nearest Red Cross location and write them a check.

(Again, this is not trading or investment advice; make your own decisions).
 
Friends don't let friends buy airline sto.... Oh nevermind.


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I believe Delta pilots received three or four thousand bucks worth of DAL stock after bankruptcy when it was 4 bucks a share. Those who sold off early missed out on a near triple bagger.

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Trip7 said:
I believe Delta pilots received three or four thousand bucks worth of DAL stock after bankruptcy when it was 4 bucks a share. Those who sold off early missed out on a near triple bagger.

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I'm not an expert but I think they would have probably rather had their pension than a thousand shares of stock.
 
Trip7 said:
I believe Delta pilots received three or four thousand bucks worth of DAL stock after bankruptcy when it was 4 bucks a share. Those who sold off early missed out on a near triple bagger.

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We got 3-4 thousand shares of stock, with restrictions.
 
Baronman said:
Xjt isn't a bad place to be right now. So what if it's not "exiting." This place has had it's ups and downs, and to characterize now as a "down" time would simply be inaccurate. I could think of many other companies right now experiencing more difficult times.
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you are missing the point. Bigger airplanes just means we are all going to be stuck at our current regionals in the suck for a longer period of time.
 
Pilotforhire587 said:
you are missing the point. Bigger airplanes just means we are all going to be stuck at our current regionals in the suck for a longer period of time.
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Scope language...mainline scope language...still restricts (thankfully) the number of seats the sub-contractors can operate on their behalf.

Don't be so fearful of the future.
 
surreal1221 said:
Scope language...mainline scope language...still restricts (thankfully) the number of seats the sub-contractors can operate on their behalf.

Don't be so fearful of the future.
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I am not fearful but I see scope clauses change, like Delta's in the new TA, and pilot groups like the CAL guys fighting loosing battles on scope language. I know it can only go so far but that doesn't really matter, the farther it goes the longer we will wait.
 
Pilotforhire587 said:
you are missing the point. Bigger airplanes just means we are all going to be stuck at our current regionals in the suck for a longer period of time.
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Ex-squeeze me...but I don't think I was talking about larger planes, just that XJET has been an ok place to be. Guys complain, but we've had movement during the past year....A few hundred hired and upgraded. Our contract is pretty good....

As far as larger planes...I have absolutely nothing to do with that other than voting on a contract that includes conditions for flying larger aircraft. At this point, if a carrier via BK or scope relaxation has additional airframes to fly, I hope we get it while maintaining our contract. Again, what I hope for and $1.50 will get me a cup of coffee in terms of larger aircraft at XJT.
 
jtrain609 said:
Why is CAL fighting a losing battle?
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The 50 seat scope issue is a loosing battle now. United contract didn't have it, Delta just relaex scope on flying larger aircraft with the regionals, etc. Add to that that even though they just passed a strike vote that they are never going to be released in an election year, or ever when you look at who our options for president are, they don't have anything to fight with.
 
Pilotforhire587 said:
The 50 seat scope issue is a loosing battle now. United contract didn't have it, Delta just relaex scope on flying larger aircraft with the regionals, etc. Add to that that even though they just passed a strike vote that they are never going to be released in an election year, or ever when you look at who our options for president are, they don't have anything to fight with.
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This is a battle that needs to be tight.
 
Pilotforhire587 said:
The 50 seat scope issue is a loosing battle now. United contract didn't have it, Delta just relaex scope on flying larger aircraft with the regionals, etc. Add to that that even though they just passed a strike vote that they are never going to be released in an election year, or ever when you look at who our options for president are, they don't have anything to fight with.
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Delta did not relax scope. There was a massive net reduction in DCI flying, and many more restrictions on things such as turboprops.
 
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