Originally Posted by
drrhythm2
Not to send the thread in an entirely different direction, but I can't imagine one reason why the SLI would or should favor ASA. Because they have a few people that have been there forever? Despite what many over there seem to think, they didn't buy us. They had no involvement in our purchase at all; they were simply acquired by Skywest.
While ASA did not wholly buy XJET, ASA was in a much better position finically than XJET. ASA had been generating strong profits for years while XJET had been bleeding cash like crazy. Obviously this is not the pilots fault, as management is to blame, but the attitude that ASA had nothing to do with the ability to purchase XJET is a bit exagurated. Skywest Inc is where the profits flow, so of course that's where the money comes from when all the outstanding stock is purchased. The strong profits from ASA thus played a role in the acquisition. If it wasn't for the whole surejet fiasco, the name expressjet and the certificate would no longer exist. I'm sick of all these legacy expressjet guys I bump into acting as if they "saved" ASA and they run the show.
Actually, the "ExpressJet" certificate doesn't exist anymore.
But ASA wasn't in all that great of a share financially either. You are now the second lowest DCI carrier. THAT is why XJT was bought by Inc and merged with ASA as opposed to the arrangement they wanted a couple years earlier.
So no, no one saved anyone.
unlike XJET who had been loosing money year after year. While airlines seem to stay alive for decades no matter how much money they loose, the writing was on the wall, XJET was on course for a possible ch 11 if it's luck did not turn around, stem the bleeding, and produce profits.
We had just gotten flying for UAL for about 34 aircraft and were in negotiations with USAir to do flying out phx. Was there a possibility of ch 11? Sure, there is a possibility for anything I guess. Maybe there was a possibility that the entire workforce would concede 16% pay cut in order to regain profitability. Point is that you can't point on what might have happened.
Originally Posted by
goaround2000
Let's look at the facts and you decide:
The CRJ side is losing aircraft (700's that went to gojets), and now potentially losing 200 flying.
Do you see any irony in your statement?
Fact: ASA would not agree to fly the 8 700s at a loss. GoJet agreed to.
Expressjet lost flying for many more than 8 ERJs to continental. After failing a self branded operation, expressjet came back and agreed to fly the ERJs that it lost to continental at a loss (aka gojet style).
While this sucks, it's better than parking those ERJs all together. It's just funny how you bring up that ASA is in trouble because of the loss of 8 700s when XJET already had to deal with the same situation.
They were flown at a loss thanks to the whipsaw of Skywest pilots by CAL. But XJT was turning that around with concessions and the ability to bid for and win flying with the other aircraft due to lower cost of leasing them.
The alternative would've been handing over 69 airplanes to Republic.
By the way, CAL has now brought back 8 airplanes from the boneyard.