Originally Posted by cfii2007

HOUSTON, June 5, 2008 /PRNewswire-FirstCall via COMTEX/ -- Continental Airlines [CAL] today announced that it has reached a new seven-year capacity purchase agreement with ExpressJet Airlines, Inc. to provide regional jet service for Continental Airlines "at rates that are lower than rates under its current agreement and more competitive" with those offered by other regional service providers. The new agreement is effective July 1, 2008.

Does this mean lower pay for XJT pilots????????????