Originally Posted by
dontsurf
that's what i'm saying. i find it odd that just because we may or may not buy some other company (which would be operated independently post buyout like asa) we would be doing this. so it must be for something else.
I just hope this isn't the reason why the want to get rid of XJT's Holding Letter. SKW buys XJT and then transfers aircraft over to SKW with their new authorization.
Originally Posted by
flynavyj
my guess was for the continental flying expressjet is supposed to be losing (if things fell through) and, if expressjet didn't sell to skywest, continental still plans to pull the airplanes from them, which they could then lease to skywest who would need authorization to fly them. The only reason i could imagine them not going with CRJ's would have something to do with a deal struck between continental/skywest which is financially better than them attempting to find and purchase more canadairs from the desert.
Continental stated in its letter that in the absence of entering into a new capacity purchase agreement with XJT that contains “savings of the magnitude we have negotiated with SkyWest”,
then Continental expects to deliver a notice on June 28, 2008 to withdraw 51 aircraft from the Continental CPA.
It is clear that its a negotiating tactic on CAL's part. Either they get their savings from SKW or from an independent XJT. Nothing in that letter said that CAL was going to release aircraft if XJT didn't get bought out by SKW.
Also, if CAL releases aircraft from the CPA, XJT has the first right of refusal on them. This is the same deal they tried with CHQ. CAL thought XJT would give those aircraft back and they would sublease them to CHQ. I hope that SKW doesn't fall for the same trick because then SKW would be counting on calling XJT's bluff again.
Originally Posted by
Deez340
Except that is exactly what CAL and SkyWest are planning to do and unless XJT wants to keep dozens of ERJs to add to their branded flying or for something else then they will slowly be bled to SkyWest. I don't like it either but trust me when I tell you; that's the plan as of today.
SkyWest just wants the CAL flying and the planes........ not the union pilots.
Refer to my reply to flynavy.