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Old 06-06-2014 | 08:43 AM
  #6285  
cybourg10
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Joined: Jan 2006
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Originally Posted by Flycameron
Wow! I had no idea it was that big of a difference in contracts. Is this the reason all of the flying is going to Skywest as well? Did I hear correct that XJT lost 50 million last year too?
The United ERJ CPA is a money loser, even SkyWest Airlines would lose money on it. Which is why they are going to do one of three things: wind down the XJT ERJ side as much as UAL will allow, Get UAL to redo the CPA for more money, or bankrupt the XJT side and get their concessions in Ch 11.