Originally Posted by
Kilroy
Pretty much.. We are the next Comair. Doesn't matter if we are publicly traded or not. That is not a safety net, and yes we can be shut down if we are not making money. We are not the government. All I can tell you is have your apps out and try to get out.
Deep breathes. Negotiating tactics. INC isn't going to just Comair the entire airline. There are plenty of profitable pieces at ExpressJet. I'd be willing to guess a bankruptcy filing would be in order before they just dissolve their billion-dollar investment. In fact, I'm surprised they haven't done that yet. Perfect excuse to force the pilots into a JCBA, shed loss-making CPA's and other financial burdens, force Delta and United back to the negotiating table to secure new CPA's that actually make sense.
The only reason I can think of that is holding them back is that it would tank INC's credit rating and they might have trouble financing all those shiny new large RJ's on order. How many are there again? 400+ including options? I seriously doubt SkyWest Airlines alone could staff all that even if they parked the entire existing fleet.
Yea, we're not going anywhere.