Originally Posted by
Nevets
And, like its been said before, that's because our CEO was forced to sign the 16% skywest pilot parity concession CPA that JA negotiated with CAL. If it wasn't for the whipsaw of Skywest pilots against XJT pilots, XJT wouldn't have been unprofitable. As it was, XJT was still losing about $12M/yr after our 7% ($10M/yr concession).
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Let me get this right.... your CEO was 'forced'? Perhaps it was because this same CEO was at the helm that your company was out maneuvered and was withering on the vine. The fact that XJet reduced some costs and still can't manage a profit is an indicator of how close to the edge it was. Looking at the trend lines, XJet will be in the black again shortly.. all without the help of the negative yahoos on this forum. I just hope credit will be given to those who deserve it, the people who kept XJet afloat long enough to undue previous managements mistakes.