Originally Posted by FlyingMaryJane

Don't be so naive on how the business world works. "Investor group" are Ual's bestest, coolest, closest buddies that they share drinks with, golf with, have family dinners with.. haha this is the beauty of business entities, they just use these entities to get around loopholes and get what they want and call them "Joint ventures" Don't be fooled! UAL owns and controls Commutair and now Xjt. They call the shots and their bestest buddies are along for the ride and hold the majority equity under the entity and some of those members are of Ual interest also. Expect a consolidation of CommutAir and Xjt into 1 entity. Ual MEC and Management clearly state they want all 76 seat and up in-house flown by UAL pilots.... and they will maneuver as necessary in other ways to get that done. Btw, with an LLC.. you can do anything you want with your operating agreement... i own 2 LLC's that hold apartments and my investors have majority equity, but i control the company as per operating agreement...