View Single Post
Old 08-19-2010 | 12:31 PM
  #79  
bender
Line Holder
 
Joined: Mar 2006
Posts: 423
Likes: 3
From: 717 FO
Default

Originally Posted by C5Pilot
Not to mention he has a 10 year deal to control 70% of the flying at UAL that only goes into effect if the deal closes. Your on drugs if you think he is going to walk over integrating 20% of his pilots with the other 80%. CAL doesn't want to have to recreate XJT, they just hated the old management and wanted a new operator who was more predictable.
I'm not sure that's correct. During the earnings call Brad Rich was asked if the new 10 year CPA was a condition to the purchase of XJT, to which he responded no. That could mean that ASA still has a new CPA with Continental even if this deal falls through.
Reply