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Old 04-23-2020 | 07:19 PM
  #425  
Itsajob
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Originally Posted by itsmytime
unless they get rid of their investment in them, if United survives, xjet survives.
I wouldn’t go buy that new house just yet. United is considering getting rid of the 756 fleet immediately after investing millions in cabin upgrades. XJT is in the same boat. The money previously spent on aircraft refurbishments and XJT is water under the bridge at this point. If it makes financial sense to keep the 756 or XJT, they will, if it doesn’t make sense moving forward, they’ll just write it off. As another poster mentioned, the money spent on XJT in the past is just a drop in the bucket compared to the money going out the door now. The focus is what will cost less moving forward, not what was spent in the past. XJT may very well be all that’s left of 50 seat flying, or it could follow in the footsteps of Trans States. Everything depends on how long this bottom last, how fast the recovery is, and what the final meaning of “significant reduction” or “mostly a thing of the past” regarding 50 seat flying turns out to be. United is in survival mode right now. Don’t think that any regional is their golden child due to a previous investment. The survival of United does not guarantee that of XJT.
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