Originally Posted by
Ottopilot
Continental also expects to reduce regional jet capacity beginning in the fall 2008; however, its plans are fluid as it is attempting to negotiate better economics with ExpressJet, and as the CRJs flown for Continental by Chautauqua come off lease.
This can't be good for Express.
Nope, not good news for us or Chautauqua. Then a merger and who knows. Only thing they can do is reduce block hours. They can't take away any jets until December 2009, per the current CPA...unless a new CPA is negotiated or a merger puts a wrecking ball in to everything.