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Old 07-03-2013 | 10:22 AM
  #111  
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MatchPoint
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From: AA Airbus
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Originally Posted by Nevets
ExpressJet was profitable up until day one of the branded operation, which was April 2, 2007. After they shut that down on September 2, 2008, they would have been profitable if it wasn't for Skywest low ball CPA offer as part of the buyout. And keep in mind that they were able to low ball it because they were planning on giving us 16% concessions in order to bring us to parity with average Skywest pilot compensation.

As for the Lorenzo reference, I can only guess that comes from inc management's propensity to whipsaw their own employees against each other, just as Lorenzo did. They are just smarter and better at doing it. It's not a comparison I would make but if you truly understood the other side if the operation, you would understand how that mentality is not unreasonable.
The 2008 XJT/SKW debacle was orchestrated by Count Chocula (Smisek does look like him lol) who, in the end, schooled both sides. In the end SkyWest ate that one but management's propensity to whipsaw is something that goes on everywhere in every industry. Lorenzo wasn't the first to do it and Jerry won't be the last. They all do it! Jerry’s not pillaging XJT (look at ASA for example) unlike Lorenzo did with TIA, CAL and EAL. Nor has Jerry started an alter-ego carrier much like Lorenzo did with NY Air and PeopleExpress. He and Brad are working feverishly to right the ship and make it profitable. He has no intentions of piece mailing you all. Even though you can make comparisons between anything, this Lorenzo comparison is completely and utterly absurd.
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