Originally Posted by
Captain Tony
Oh yeah? I predict within the next 5 years (probably more like 2 or 3) SkyWest Inc. bankrupts the ExpressJet division, shuts it down, and tells the 500 or so remaining employees they are welcome to apply at SkyWest, without seniority. Then we'll see the Lorenzo come out.
If you'd just look a little bit into the history if this company, you'd find that BK is really out of the question.
Having said that, my opinion is most if those guys wish it was still just ASA and if there was a way to facilitate this quickly, so the bleeding from the ExpJet side could be mitigated, they will find a way to do it. You can use your imagination as to how they will do this. But it will not be thru the BK courts.