Skywest Airlines Share Discussion Threads

[ethics_gradient] 10/1/2011 07:47

Looks like a takeover may well be on the horizon. Virgin Blue not big in regional WA routes and they may fancy a slice of the mining charter business. All IMHO of course.

[saucepan] 10/1/2011 07:22

Strategic Alliance with Virgin Blue announced today: hopefully will add further strength - operationally and to the share price.

[saucepan] 05/1/2011 09:27

Added some more this morning.

[angler] 02/1/2011 10:45

Try this link for latest analyst report (24/11/2010):



Interesting to note confidence in projecting +140% eps for 2011.

[saucepan] 31/12/2010 08:58

Davydoo: thanks for pointing that out. You are of course correct. I did in fact look at the Skywest Australia reviews, but made a mistake with the link when posting to the thread later in the day. I have now corrected it.

[davydoo] 30/12/2010 22:42

Saucepan those reviews are for SkyWest in the US, you can tell by the flight destinations in the reviews. The diffrence is in the capital W. The Australian airline is Skywest. The US airline is SkyWest.

[bonnard] 30/12/2010 20:24

I started buying stock in SKYW at 9p and have added until about 20p. I like the fact that they operate in Australia which has avoided the financial mess of the West, they are debt free, profitable and pay an increasing dividend. And it is a very quiet thread so no short term traders.

[saucepan] 30/12/2010 19:58

JB: I am sorry, I only have the ShareScope data to go on, so would be as interested as you if anyone else can shed further light.

Forecast eps "only" doubles, by the way, from 2.25p to 4.4p.

The data may, of course, be inaccurate; but I have no reason to think this is the case.

As an additional aside, I happened to be searching for user reviews of an airline today that I am considering travelling on. I took the opportunity to see what the site in question had to say about SkyWest. Pleased to see it gets very good customer satisfaction reviews:

(corrected link)

[jbarker5555] 30/12/2010 15:29

Saucepan - Sharescope have the profit increasing from 6.7m to 18.6m next year, doesn`t this seem a huge increase to you? Nearly 3 fold! Not that I`m complaining but this seems a very bullish forecast for a broker IMO. I haven`t researched heavily so would appreciate your (or anyone elses) opinion, TIA! :)

[saucepan] 30/12/2010 10:15

Hi Folks

I joined you long just now, thanks to a heads up from URVNME on the ADVFN Zulu thread. SKYW looks an exciting growth company in the Zulu mode, with no debt.

In case of interest, here is a ShareScope snapshot of fundamentals, showing the impressive growth patterns and value to be had - which is what attracted me:



It also seems a good time to be buying, technically. To me, it looks like the share price is just starting to move up again after a healthy period of consolidation.



Last but not least, it seems I have discovered a quiet ADVFN thread; which is usually a good sign!

[wozelbeak] 16/12/2010 06:58

RNS Number : 9512X

Skywest Airlines Limited

15 December 2010

ASX code SXR

AIM code SKYW

15 December 2010

SKYWEST AIRLINES LTD

("Skywest" or "the Company")

November 2010 AIRLINE PASSENGER OPERATING STATISTICS

Skywest, the Australian and South East Asia regional airline, is pleased to announce its network operating statistics for the month of November 2010.

Skywest RPT Passenger numbers for November increased by 3.51% over the previous year, whilst the Number of Charter Services increased by 8.89% to 245 compared with the prior year.

Skywest traffic measured by Revenue Passenger Kilometres (RPKs), decreased by 4.42%, while

capacity, measured by Available Seat Kilometres (ASKs) decreased by 4.85% over the same period.

Load Factor increased by 0.25% to 54.40% compared to the previous year, load factor does not include Charter Passengers. Skywest Charter traffic which is measured by Charter ASKs increased by 27.21%.

[standish11] 19/11/2010 18:32

The Western Australian State Government through its Department of Transport has advised that Skywest has been selected as the preferred proponent for a further licence of 5 years for continuing air services for the regulated proportion of the coastal network. Skywest has been advised that it is the preferred proponent for the routes of Perth to Albany, Esperance in a sole operator capacity and Learmonth/Exmouth in a shared operator capacity. Final deeds will be negotiated between the Western Australian Government and Skywest.

In respect of Geraldton, Skywest will continue to fly Perth to Geraldton as a deregulated route, with onward connections to Melbourne. As a consequence of the proposed deregulation of this particular route Skywest has now been invited to enter negotiations with the Western Australian State Government concerning provision of services to the associated ports of Carnarvon, Monkey Mia and Kalbarri. Skywest understands that due to tourism and the commercial economic value to the State that the Western Australian State Government seeks a resolution for these towns promptly, preferably by the end of the month. The Company remains eager to continue with these destinations. Skywest has been providing air services to ports in this region over its 47 year history and understands the importance of the service for the local residents, business and tourists.

Commenting, Skywest Executive Chairman said, "Skywest Airlines welcomes the certainty provided by the decision of the Western Australian State Government to award a 5 year preferred proponent operator status to Albany and Esperance and shared operator status for Learmonth/Exmouth and is looking forward to conclusive positive outcomes from the negotiations concerning Carnarvon, Monkey Mia and Kalbarri."

--ENDS--

[topinfo] 18/11/2010 10:06

Codeshare



TIDMSKYW

RNS Number : 4164W
Skywest Airlines Limited
18 November 2010

?
18 November 2010

ASX code: SXR
AIM code: SKYW

SKYWEST AIRLINES LTD
("Skywest")
EXPANDED VIRGINBLUE CODESHARE - 6 ADDITIONAL DESTINATIONS

Skywest is the major airline servicing all major airports and population centres
of Western Australia. Skywest's operational base is in Perth, Western Australia
with a substantial airline network across the state. Skywest is pleased to
announce a new extension to its codeshare agreement with the Virgin Blue Group.

Effective immediately, Virgin Blue guests can book on six (6) additional Skywest
destinations: applicable for travel from the 1st of December Virgin Blue guests
will enjoy access to Skywest
Airlines operated aircraft on an expanded network across Western Australia.
Additional destinations include Perth to/from Albany, Esperance, Geraldton,
Exmouth, Monkey Mia andCarnarvon.

As a consequence of the terms of the Memorandum of Understanding agreed on the
20th July 2010 both companies will continue to explore opportunities to work
closer together, subject to obtaining any necessary regulatory approvals.

Current Skywest ports already covered under codeshare agreements include Broome,
Kununurra, Karratha and Kalgoorlie.

Skywest Airlines Chief Executive Officer Mark Shelton said "We're delighted that
our codeshare agreement with Virgin Blue has been expanded to include additional
routes in Western Australia. This will provide additional destinations which
will appeal to the corporate and leisure sectors with full interline capability
for baggage and the ability for Velocity members to earn and use Velocity points
on Skywest flights."

--ENDS-

Enquiries:
Skywest Airlines Ltd
Jeff Chatfield, Executive Chairman
[phone]

Nominated Adviser
James Joyce W H Ireland Limited
0207 220 1666

Company Stockbroker

[onbendedkneees] 10/11/2010 08:32

load factor decreased by 2.7%, however charter passengers increased by 10%.

still looking strong in my oppinion.

[saint or sinner?] 10/11/2010 07:29

ASX code SXR
AIM code SKYW
10 November 2010

SKYWEST AIRLINES LTD

("Skywest" or "the Company")

October 2010 AIRLINE PASSENGER OPERATING STATISTICS

Skywest, the Australian and South East Asia regional airline, is pleased to announce its network operating statistics for the month of October 2010.

Skywest RPT Passenger numbers for October increased by 1.05% over the previous year, whilst the Number of Charter Services increased by 1.27% to 239 compared with the prior year.

Skywest traffic measured by Revenue Passenger Kilometres (RPKs), decreased by 0.86%, while
capacity, measured by Available Seat Kilometres (ASKs) increased by 4.15% over the same period.

Load Factor decreased by 2.74% to 54.07% compared to the previous year, load factor does not include Charter Passengers. Skywest Charter traffic which is measured by Charter ASKs increased by 10.57%.




Month of October




October 2010
October
2009
Change
RPT Passengers Carried (000s)
32
32
1.05%
Revenue Passenger Kilometres (000s)
26, 030
26,257
-0.86%
Available Seat Kilometres (000s)
48, 139
46, 220
4.15%
Load Factor %
54.07%
56.81%
-2.74%
Available Seat Kilometres (000s) (Charter)
58,414
52, 831
10.57%
Charter Services
239
236
1.27%
Actual Aircraft in Fleet
16
14



Financial Year to Date




2010/11
2009/10
Change
RPT Passengers Carried ('000s)
132
125
5.24%
Revenue Passenger Kilometres ('000s)
108,569
104,106
4.29%
Available Seat Kilometres ('000s)
188,392
183,885
2.45%
Load Factor %
57.63%
56.61%
1.01%
Available Seat Kilometres ('000s)
(Charter)
238,560
216,870
10.00%
Charter Services
972
954
1.89%
Actual Skywest Aircraft in Fleet
16
14





Notes:



1. Monthly operating statistics are issued on a preliminary basis and are subject to change.

Any adjustments made will flow through to the year to date results

2. Passengers Carried refers to Regular Passenger Transport (RPT) passengers and therefore excludes charter passengers

3. RPKs refers to the number of paying passengers carried multiplied by the number of kilometres flown

4. ASKs refers to the number of seats available for sale to public passengers multiplied by the number of kilometres flown

5. Load factor is RPKs divided by ASKs

6. The calculation of load factor does not include the number of "Charter" passengers.

[saint or sinner?] 09/11/2010 15:53

Some chunky trades gone through today - no doubt worked through the market over the last week or so as the price stepped up. Put through today to look like sells and no doubt spook nervy holders, but I'd bet my bottom dollar they are purchases.

[onbendedkneees] 08/11/2010 08:18

com stocks doing well, looking forward to seeing a few more contracts from mining compaies.

[bonnard] 26/10/2010 14:31

From the Daily Mail this morning:

Skywest, the Australian and South East Asia regional airline, flew 2p higher to 27p on a trading update.
The group is benefitting from route and fleet expansion, while continuing to transport staff of all the major mining companies to faraway places.


Read more:

[saint or sinner?] 26/10/2010 09:03

I wonder if SKYW have been approached too, hence the rise?

[davydoo] 22/10/2010 18:47

I seem to remember from the high oil price days that they built in fuel surcharges to their charter contracts which might still be running now.

This is the only news i could find that would support the recent share price gains, especially as australian investors make up an ever increasing proportion

[wozelbeak] 22/10/2010 18:34

GOOD EDGING OF FUEL COSTS?

[stegrego] 21/10/2010 20:53

Seems odd to me that these continue to climb when the price of oil etc has gone up by about 25% in A$ terms in the last few months...

[saint or sinner?] 20/10/2010 14:26

They don't appear to be able to tempt out any sellers, despite increasing the price almost daily.

News release might be nice to explain what is going on in the background.

[lbo] 08/10/2010 09:51

AER ARANN looks set to be taken over by a group comprising its current owner Pádraig Ó Céidigh and an overseas listed company.

It is understood that the airline's examiner is in the final stages of negotiations with the parties about a multi-million-euro investment package into the cash-strapped regional airline.

[futre] 07/10/2010 18:54

Great....just after I sold having held for three years.

Still a 52% profit is not too bad I guess, especially having pumped the cash into ANGM with GOLD news expected any day !