Skywest Airlines Share Discussion Threads

[davydoo] 26/11/2009 16:08

I dont know much about market makers.

Would a market maker in the UK trade with a market maker in Aus, in order to give them stock ahead of the ASX float? As no new shares are being issued, how else would an Australian buy shares on the opening morning of trading with the LSE closed?

[atlantic1953] 26/11/2009 08:48

In the absence of an rns and the price shown for the transaction it looks like market maker to market maker.

If the shares had ben 'dumped' the price would have tanked, it has actually gone up as we speak.

[onbendedkneees] 26/11/2009 08:03

WTF, no RNS on the 12 million shares dumped last night?

[wozelbeak] 26/11/2009 05:20

surely a RNS this morning.
UBS perhaps getting rid of its holdings.

[atlantic1953] 25/11/2009 22:30

Surely not a buy at that price.

[atlantic1953] 18/11/2009 12:59

I like the announcement today dividend confirmed at a decent yeild circa 3.68%.

I like the fact that the shares will be listed in Ozz soon

[ethics_gradient] 18/11/2009 09:51

Anybody know the real mkt cap?

[wozelbeak] 17/11/2009 18:15

a good move i would think.
takes a hire plane off the runway and begins earning money from day 1.
i wonder how old it is?

[liarspoker] 16/11/2009 07:44

Skywest Expands Aircraft Fleet (Skywest Air)





TIDMSKYW

RNS Number : 5328C
Skywest Airlines Limited
16 November 2009

16 NOVEMBER 2009

Skywest, Western Australias largest regional airline, has signed an agreement
to purchase an additional Fokker 50 aircraft from a European owner. The
acquisition of the aircraft will increase Skywests fleet to 17 aircraft.

The aircraft has been inspected by Skywests representatives. The price for the
aircraft is USD 2,010,000. The consideration will be met by Skywest over the
next 19 months from internal cash flow.

Skywest has a desire to improve network reliability and on-time performance.
This additional aircraft will bolster the fleet and will potentially lower
Skywests ongoing costs for the cross hire of aircraft from other airlines. This
additional aircraft will also be used for freight delivery in Western Australia

Jeff Chatfield, Executive Chairman of Skywest, commented:

"We are satisfied with the terms we achieved for this plane and are pleased that
we will be further able to increase reliability and on time performance and add
additional freight capacity."


--ENDS--

[liarspoker] 11/11/2009 17:20

Well spotted lonrho. :O)

[lonrho] 11/11/2009 17:12

make that 2.6 million.

[liarspoker] 11/11/2009 16:44

2 million gone through. Hopefully that is the end of the overhang ( which is the reason for lack of vertical movement imo Atlantic1953 ).

[atlantic1953] 10/11/2009 21:39

The share price shows no signs of life despite.

1) Encouraging Results

2) Share buy backs

3) a Possible float on the asx

Volatility no thank you some movement skywards yes please.

[liarspoker] 10/11/2009 19:28

The share price probably isn't volatile enough for him.

Check out some of the net working capital stocks though. HDT is one - near a 2 month flat line but valued at a 34% discount to net working cap so 'safer' than SKYW.

[wozelbeak] 10/11/2009 18:12

in what way Atlantic?

[atlantic1953] 10/11/2009 12:23

Owning this share is like owning a Corpse!!

[liarspoker] 10/11/2009 07:10

SKYWEST AIRLINES LTD
("Skywest" or "the Company")


OCTOBER 2009 AIRLINE PASSENGER OPERATING STATISTICS


Charter Services Increase by 23.68%, Load Factor continues to rise




Skywest, the Australian and South East Asia regional airline, is pleased to
announce its network operating statistics for the month of October 2009.


The Number of Charter Services increased by 23.68% to 235 while Passenger
Numbers for the month decreased by 8.39% over the previous year.


Skywest Traffic, measured by Revenue Passenger Kilometres, decreased by 6.25%,
while capacity, measured by Available Seat Kilometres decreased by 14.88% over
the same period.


Load Factor increased by 5.29% to 57.45% compared to the previous year, load
factor does not include Charter Passengers. Skywest Charter traffic, which
is measured by Charter Available Seat Kilometres, increased by 17.27%.


+--------------------------------+--------------+--------------+-------------+
| | | | |
+--------------------------------+--------------+--------------+-------------+
| | Month of October |
+--------------------------------+-------------------------------------------+
| | October-09 | October-08 | Change |
+--------------------------------+--------------+--------------+-------------+
| RPT Passengers Carried ('000s) | 32 | 35 | -8.39% |
+--------------------------------+--------------+--------------+-------------+
| Revenue Passenger Kilometres | 26,257 | 28,008 | -6.25% |
| ('000s) (RPT) | | | |
+--------------------------------+--------------+--------------+-------------+
| Available Seat Kilometres | 45,706 | 53,696 | -14.88% |
| ('000s) (RPT) | | | |
+--------------------------------+--------------+--------------+-------------+
| Load Factor % | 57.45% | 52.16% | 5.29% |
+--------------------------------+--------------+--------------+-------------+
| Available Seat Kilometres | 52,027 | 44,366 | 17.27% |
| ('000s) | | | |
| (Charter) | | | |
+--------------------------------+--------------+--------------+-------------+
| Charter Services | 235 | 190 | 23.68% |
+--------------------------------+--------------+--------------+-------------+
| Average Aircraft in Fleet | 14 | 14 | |
+--------------------------------+--------------+--------------+-------------+
| | | | |
+--------------------------------+--------------+--------------+-------------+
| | Financial Year to Date |
+--------------------------------+-------------------------------------------+
| | 2009/10 | 2008/09 | Change |
+--------------------------------+--------------+--------------+-------------+
| RPT Passengers Carried ('000s) | 125 | 139 | -9.91% |
+--------------------------------+--------------+--------------+-------------+
| Revenue Passenger Kilometres | 104,108 | 117,205 | -11.17% |
| ('000s) | | | |
+--------------------------------+--------------+--------------+-------------+
| Available Seat Kilometres | 181,781 | 211,537 | -14.07% |
| ('000s) | | | |
+--------------------------------+--------------+--------------+-------------+
| Load Factor % | 57.27% | 55.41% | 1.86% |
+--------------------------------+--------------+--------------+-------------+
| Available Seat Kilometres | 216,065 | 167,912 | 28.68% |
| ('000s) | | | |
| (Charter) | | | |
+--------------------------------+--------------+--------------+-------------+
| Charter Services | 952 | 748 | 27.36% |
+--------------------------------+--------------+--------------+-------------+
| Average Aircraft in Fleet | 14 | 13 | |
+--------------------------------+--------------+--------------+-------------+
| | | | |
+--------------------------------+--------------+--------------+-------------+
| 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 | | | |
+--------------------------------+--------------+--------------+-------------+

[liarspoker] 02/11/2009 12:56

SUBSTANTIAL SHAREHOLDING IN COMPANY


Pursuant to the FSA's Disclosure and Transparency Rules, the Board of Skywest
advises that it received notification on the 30th October 2009 from UBS AG
London Branch, that it has an interest in 24,702,560 shares in the Company. The
interest represents 12.77% of the issued voting shares of the Company.

[liarspoker] 29/10/2009 08:31

Yep, just over .5% of shares repurchased. Nice one. I prefer buybacks over dividends for a longer term holding such as this. I get taxed at 50% for dividends so buybacks are the best option for me especially when they are made at a good discount to the companies true value.

[qs9] 29/10/2009 07:27

Great, long over due!

[wozelbeak] 29/10/2009 06:23

looks like they are pushing ahead with the share re-purchase.
also getting Ernst & Young on board.

[liarspoker] 27/10/2009 08:23

Breakout due today imo. Last 2 trades were done at 10.88p & 10.99p each for less than 10K.

[liarspoker] 22/10/2009 08:20

No problems GHF - each to their own. :O)

Steg - I previously reffered to HLO & IDS as examples of what low PEG stocks can do. IDS was a mistake and I actually meant to cite HLO & IDH as examples.

[glasshalfull] 21/10/2009 18:05

Thanks for response Liars.

I'm the end I haven't gone ahead with an investment, simply too many variables that the company cannot control.
Having said that, GE&CR note out indicates a 32.5p price target and implies earnings of 3.25p next year. Maybe not as bullish as previous indications bur cheap as chips nonetheless....if variables such as currency and oil price are with them.
I'm believe you'll do well. Just not for me.

Kind regards,
GHF