Originally Posted by
Bluewaffle
How does this support the theory of a buyout? What would a buyout do to stem attrition? Any buyout would be akin to a minority investment like Commute-air. United has no desire to own a regional, nor would doing so “secure” regional feed. As XJT pilots leave, the aircraft will be transferred to the remaining regionals that can staff them. This has been the SOP for the last 5 years.
Either someone at United, XJT or SKW fed the story to Bloomberg. Bloomberg’s article was not a rumor piece or editorial. If journalism standards were followed, and I have no doubt they were at Bloomberg, an senior insider gave them the story.
Continental management for the most part runs United now. They sold Continental Express because Continental needed cash. They may be looking at what Delta and American has done with reacquiring regionals and thinking about the same thing.