Originally Posted by
Captain Tony
Why did they buy what? SKW bought ASA because it was (then) a cash cow. We pumped a lot of money into SKW Inc. Then came the 2010 DAL "rate reset" where DAL gave ASA a 40% pay cut. No more profits. Then SKW bought XJT, claiming its "synergistic economies of scale" would save ASA. In reality, they wanted to corner the market on regional flying for The New United. They tossed a hail mary for an incomplete pass. Now they will shut this place down, and they will rehire everyone at SkyWest Mainline. I give this process 2-5 years.
Yeah that whole post of mine was kind of a mess. I just didnt understand the reason for buying L-XJT and merging it with ASA only to possibly get rid of the whole shebang. I hope noone gets rehired at mainline... I for one will not go. Im not gonna start over at year one pay at a regional; hopefully 2-5 years is enough to head to major.