Originally Posted by
cybourg10
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.
Two things:
One: SkyWest Inc. had a huge part in the money-losing CPAs you speak of...
Two: SkyWest Inc. cannot declare ExpressJet bankrupt. In order to do that, all of Inc. would have to go bankrupt. You really think they're gonna screw their shareholders over and tank their stock so they can get concessions out of us?
God, this sh*t spewed on here makes my head spin.