Originally Posted by
air101
The only benefit would be to have a judge throw out the labor contracts, and SKYW can basically scare XJT into signing a deal that cuts costs or shut them down. They can also renegotiate some of the CPAs. Like I said, I don't believe bankruptcy is in the plans.
If SkyWest took ExpressJet into BK, which they can do, it would still tank the SKYW stock. We share the same stock symbol and are over have the company. With that said BK is not going to happen and why would they announce it two days before the negotiations opener.
A bunch if inc guys might be coming to ATL but not to announce a BK. Time to move on to the next bs rumor.