Originally Posted by
Slats
You seem to forget that the 200s will slowly go away. The 175's are what mainline wants, not 50seat weight restricted RJs. As 200's go away, those pilots will simply transfer to the 175 or MRJ when the time comes.
The amount of money that XJT loses on a daily bases, I find it very hard to believe that you'll get new airframes unless you all turn it around quick. The last quarterly call didn't seem too promising...
As for staffing, so far so good. Classes have been in 30-40 range. How long that will last is anyone's guess.
Nothing’s changed since SkyWest bought ExpressJet, they knew what the labor cost were and they knew what kind of rates xjet was getting. Getting the 175s is probably the only thing that will help them as it will shrink the total upside down rates on the little ships, and increase the rates for the larger aircraft.
Any ship that xjet parks is a good thing:
1) It creates room for a new ship in this environment
2) New ships are more profitable (Republic showed us this already)
3) If xjet parks a ship that losses money and doesn’t furlough, it’s a win
for the pilots and the balance sheet
If Express jet pilots are unhappy about lights and tunnels, they need to realize that they are potentially going to ride out a contract that was apparently signed below cost and never really suffered from it, except for a little stagnation, which by the way, everyone else suffered from. The day to be unhappy was the day you realized that mgmt signed a deal at a loss just to keep you busy and live for another day. I am not meaning to sound negative; I would like to work at ExpressJet and am very happy for them and the vote outcome. I do think Inc. will send new planes their way, if for no other reason to slow or stop the bleeding.