Layoffs at Skywest
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RU/16,
"desperate times at XR" what's that supposed to mean?
Being a NJS T&C expert maybe you can tell me if they are getting desperate.
Ravensthorpe on the brink of being closed
Murrin Murrin suffering huge losses and maybe closing.
Skyairworld picking up the Christmas / Cocos Contract (source PPRUNE)
They would have to be more desperate than Skywest.
The downturn is affecting everyone. Luckily Skywest are responding actively to ensure their survival in the future. Time will tell.
"desperate times at XR" what's that supposed to mean?
Being a NJS T&C expert maybe you can tell me if they are getting desperate.
Ravensthorpe on the brink of being closed
Murrin Murrin suffering huge losses and maybe closing.
Skyairworld picking up the Christmas / Cocos Contract (source PPRUNE)
They would have to be more desperate than Skywest.
The downturn is affecting everyone. Luckily Skywest are responding actively to ensure their survival in the future. Time will tell.
Dunno who services YNWN these days, but,
Rumoured on today's news that BHP may be 'downsizing' the Mt Whaleback mine ops at Newman.....
No mention of numbers as yet. Just a rumour......
Rumoured on today's news that BHP may be 'downsizing' the Mt Whaleback mine ops at Newman.....
No mention of numbers as yet. Just a rumour......
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Don't know where your info on Murrin is coming from, positive article on them in the West yesterday and their share price was up 6%.
Ravensthorpe is anyones guess and time will tell with Christmas and Cocos. As someone looking from the outside it seems SkyWest is in worst shape than NJS as:
- Market cap down to $9M pounds last time I checked.
- RPT loads have dereased by 25-30% on the same period last year
- Marginally costed assets used to win mining work based on RPT operations underpinning the business model. With reduced RPT loads I am told from a reliable XR source that many on the recently won contracts are now not evan break even.
- Catering removed or reduced on RPT flights, great for their customer loyalty, especially with Virgin rumoured to be looking at Albany and Geraldton with E-Jets come the revolution when the state government remove the protection SkyWest currently enjoy.
- Skywest laying off staff hand over fist after being the company who won all major resource contract last year.
- NJS lost RIO, no redundencies, has to be a positive for current and future employee's as it suggests that even with people's views on their management, they are looking after the greater good.
- Reading the SkyWest annual report they have inexcess of $17M of 'Good Will'..... Which anyone with any financial knowledge know's is worthless and banks will not even look at it when they come to needing to refianance their overdraft/credit facilities.
- SkyWest have industrial issues with their pilots coming over pay and T&C's (of which I'm sure your aware).
- Heard yesterday also that employee's normally paid yesterday had nothing added to their account and that SkyWest was later blaming problems with the bank (can you confirm this?)
- NJS have several years to run with QANTAS B717 contract, have AAE contracts, Customs contract to 2020 and a parent company with a market cap of $2.5-2.8Billon Pounds.
I hope for the sake of those working for SkyWest that they pull through. With HD in charge and looking after number 1 (hence the sudden departure of MH), time will tell. That reminds me, where is that journo who wrote all the glowing articles on SkyWest last year?.... Now how did that article start.... 'The Emirates like rise of SkyWest'
Don't know where your info on Murrin is coming from, positive article on them in the West yesterday and their share price was up 6%.
Ravensthorpe is anyones guess and time will tell with Christmas and Cocos. As someone looking from the outside it seems SkyWest is in worst shape than NJS as:
- Market cap down to $9M pounds last time I checked.
- RPT loads have dereased by 25-30% on the same period last year
- Marginally costed assets used to win mining work based on RPT operations underpinning the business model. With reduced RPT loads I am told from a reliable XR source that many on the recently won contracts are now not evan break even.
- Catering removed or reduced on RPT flights, great for their customer loyalty, especially with Virgin rumoured to be looking at Albany and Geraldton with E-Jets come the revolution when the state government remove the protection SkyWest currently enjoy.
- Skywest laying off staff hand over fist after being the company who won all major resource contract last year.
- NJS lost RIO, no redundencies, has to be a positive for current and future employee's as it suggests that even with people's views on their management, they are looking after the greater good.
- Reading the SkyWest annual report they have inexcess of $17M of 'Good Will'..... Which anyone with any financial knowledge know's is worthless and banks will not even look at it when they come to needing to refianance their overdraft/credit facilities.
- SkyWest have industrial issues with their pilots coming over pay and T&C's (of which I'm sure your aware).
- Heard yesterday also that employee's normally paid yesterday had nothing added to their account and that SkyWest was later blaming problems with the bank (can you confirm this?)
- NJS have several years to run with QANTAS B717 contract, have AAE contracts, Customs contract to 2020 and a parent company with a market cap of $2.5-2.8Billon Pounds.
I hope for the sake of those working for SkyWest that they pull through. With HD in charge and looking after number 1 (hence the sudden departure of MH), time will tell. That reminds me, where is that journo who wrote all the glowing articles on SkyWest last year?.... Now how did that article start.... 'The Emirates like rise of SkyWest'
From Radio 6PR this morning,
Ravensthorpe shutting down WEF this morning.
'Suspended Ops' and 'Rampdowns' were some of the terms told to contractors. (Allegedly).
The overall effect is that there will be 'numerous' flights to/from today to uplift contractors / staff, rooms to be emptied and tidied, excess staff and personal effects to follow on trucks later today.
Ravensthorpe shutting down WEF this morning.
'Suspended Ops' and 'Rampdowns' were some of the terms told to contractors. (Allegedly).
The overall effect is that there will be 'numerous' flights to/from today to uplift contractors / staff, rooms to be emptied and tidied, excess staff and personal effects to follow on trucks later today.
Ravensthorpe shutting down WEF this morning.
They are going into shutdown in June 2009 for an indefinate period.
Mt Keith also reducing numbers, how will that affect Alliance?
A little bird just told me from his sources in the gold mining sector that the word is Rio Tinto owes Skywest a very large sum of money for services rendered and has not paid their bill which is putting considerable financial pressure on the airline.
This may be contributing to the recent layoffs and turmoil being spoken of in this thread.
This may be contributing to the recent layoffs and turmoil being spoken of in this thread.
Well that's gratitude for you MUII and Dr Dollars, if the chap you are referring to is who I think he is. Was he not your union rep in the dark days following the Ansett collapse? Did he not ( along with others) help get Skywest up and running again?
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Was he not your union rep in the dark days following the Ansett collapse? Did he not ( along with others) help get Skywest up and running again?
It sounds like you are saying i work for xr, sorry not true. but i have got the word, he was a rep at one stage but when AN went down the tube.
It sounds like you are saying i work for xr, sorry not true.
but i have got the word, he was a rep at one stage but when AN went down the tube.
Thanks 'Skystar'.....didn't mean to drift the thread.
Sorry Icarus - happened today. Talk back radio in Perth full of it.
6PR.com.au on the web.......
Cheers
Sorry Icarus - happened today. Talk back radio in Perth full of it.
6PR.com.au on the web.......
Cheers
So MUII you do not work for Skywest yet you are quite happy to cheer and allege that someone left under a cloud. You therefore have to be a complete ignoramus and moron.
Everyone is so full of it on here, I mean really!
Lets have a look!
Skywest - going broke cause of getting rid of 30 hosties who had not started
NJS - A few mines close and its all over for them
Alliance - Im sure someone will think of something good
Network - should not have bought them 100's doom and gloom for all!
Skippers - been going broke for years, any decade now and im sure it will happen
Airnorth - Oh no, those 170's will sink them!
Pearl - lost the aeromed eeeeeeeeek its all over
M****R - A Saabs in the hangar due overtemp, they cant afford to fix it, the sky is falling!
Sky Trans - Only a couple of people getting off the dash, looks like they're broke too, should not have sold the 30 year old bug smashers, that would have saved them! (in same breath pays out on Airsouth for RPT 404 & PA31 ops)
REX - they're going broke cause they don't have any captains
Virgin - should not have got the embraers or the 777 its going to sink them!
Jetstar - only make money cause of Qantas
Qantas - They will go broke cause they don't have 777's and are still driving pus bucket classics (then when the classics go, start a thread on how great they were)
I mean come on! get a grip! why is the glass always so half empty with pilots? Its depressing!
Lets have a look!
Skywest - going broke cause of getting rid of 30 hosties who had not started
NJS - A few mines close and its all over for them
Alliance - Im sure someone will think of something good
Network - should not have bought them 100's doom and gloom for all!
Skippers - been going broke for years, any decade now and im sure it will happen
Airnorth - Oh no, those 170's will sink them!
Pearl - lost the aeromed eeeeeeeeek its all over
M****R - A Saabs in the hangar due overtemp, they cant afford to fix it, the sky is falling!
Sky Trans - Only a couple of people getting off the dash, looks like they're broke too, should not have sold the 30 year old bug smashers, that would have saved them! (in same breath pays out on Airsouth for RPT 404 & PA31 ops)
REX - they're going broke cause they don't have any captains
Virgin - should not have got the embraers or the 777 its going to sink them!
Jetstar - only make money cause of Qantas
Qantas - They will go broke cause they don't have 777's and are still driving pus bucket classics (then when the classics go, start a thread on how great they were)
I mean come on! get a grip! why is the glass always so half empty with pilots? Its depressing!
Last edited by The Green Goblin; 22nd Jan 2009 at 07:11.
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Mr Goblin,
Although there is nothing funny about the goings on around the state, country and even world at the moment, your post give me a chuckle. Thanks.
I just hope that those who have lost their jobs are able to find new ones soon and that their families aren't affected too badly. Alas, this could be wishful thinking...
Alliance's ops in and out of MNE has existed on it's current schedule since it began what, two or three years ago. The loads steadily increased to the point of being full and needing additional charters at certain times of mining ops. They may lose a flight or two a week but I doubt they will affected as badly as say NJS are with the suspension of ops at Ravensthorpe.
Rio do owe a lot of money to XR but that is due to them having a 90 day payment clause in the contract. The first payment should come in shortly and then they can start to breathe again...
It's sad to see the boom come to an end but the doomsayers have been saying when it came it would be a big fall. Let's hope that all this will be over soon.
Although there is nothing funny about the goings on around the state, country and even world at the moment, your post give me a chuckle. Thanks.
I just hope that those who have lost their jobs are able to find new ones soon and that their families aren't affected too badly. Alas, this could be wishful thinking...
Alliance's ops in and out of MNE has existed on it's current schedule since it began what, two or three years ago. The loads steadily increased to the point of being full and needing additional charters at certain times of mining ops. They may lose a flight or two a week but I doubt they will affected as badly as say NJS are with the suspension of ops at Ravensthorpe.
Rio do owe a lot of money to XR but that is due to them having a 90 day payment clause in the contract. The first payment should come in shortly and then they can start to breathe again...
It's sad to see the boom come to an end but the doomsayers have been saying when it came it would be a big fall. Let's hope that all this will be over soon.
Last edited by Ref + 10; 21st Jan 2009 at 10:57. Reason: Adding more...