That sounds about all I got out of is as well.

They are continuing to have 'conversation' with United about resetting the rates. United isn't going to do that. Also, a reduction of 50 seat flying by 61 aircraft by the end of 2014, mostly from the ExpressJet side of the operation. Beyond that in totality in the next 13-14 months 108 ERJ come of contract and they will work to "correct the rates" or they will just be parked. One of the analysts made the comment that United is a 'bad' partner. Yes, they are. The United side of the operation is a total mess and is attributed to nobody other than United. Hopefully they can get some rate corrections for the airframes otherwise that does not bode well for you guys. Like I have been saying all along, you the employees of ExpressJet are not to blame but its the reality of the game...hopefully they have a few tricks up their sleeve but I am starting to think they are running out of ideas.