Originally Posted by
bender
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.
I think they were talking about a different deal........UAL/CAL. If SKW purchases XJT they will have a 10 year CPA whether UAL/CAL is completed or not. Either the new United will be buying the capacity or the current Continental.