Originally Posted by
dovic91
The problem with your position is that ExpressJet's survival is tied directly to what United's ultimate decision is regarding 50 seat flying and who it gets awarded that flying on the other end of this. It doesn't matter how healthy your company is if you're a sub-contractor and the prime contractor decides to use someone else. On the other hand, if United decides to throw you guys a bone, or throws out several bones to keep the whipsaw alive, they will do whatever they need to keep you around. In other words, you serve at the pleasure of your master (United) and have very little control over your destiny. I wouldn't be surprised if the decision hasn't already been made with regard to your fate. One thing is almost certain: you won't know it until the very last minute.
That could be true. It could also be true that mgmt is leveling with us, and UA is watching our response (and the responses of other UAX carriers) closely to determine who continues being a partner. One thing is sure, if we cannot even survive until that decision point, then for sure there is no future for us. So given all that, I think the company's short-term performance is very much relevant.