Thread: EJT Latest
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Old 05-06-2008 | 05:44 PM
  #32  
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Originally Posted by Slaphappy
I didn't say anything about cal giving up scope on the 70 or 90 seaters, I just said that it might not be the crj200 that would be used. The letter that was sent to the xjet ceo from the cal ceo did say that CAL had already negoiated a new contract with skywest.
Dear Jim and George:

We understand that SkyWest, Inc. (“SkyWest”) has delivered to you an offer to acquire ExpressJet Holdings, Inc. (“ExpressJet”). In connection with your consideration of such offer, we wanted to inform you of our understanding with SkyWest regarding a new capacity purchase agreement (“CPA”) and our intentions regarding our existing contractual relationship.

First, we confirm that we have negotiated a new CPA with SkyWest, which would become effective if SkyWest is successful in acquiring ExpressJet (which, in turn, is subject to due diligence, among other things), and that we would consent to the change of control that would occur upon such an acquisition.
_______________________________________________*__ __________________________________________________ _________


I'd be more than happy to forward a copy of the letter with a copy of Webster's dictionary, if it helps you. This is exactly why you have zero credibility on this board, and your maturity level shine's throught your comments, embarrasing the rest of your pilot group.
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