Will ExpressJet survive this?
07-26-2020 | 10:01 AM
#1161
Gets Weekends Off
Joined: Dec 2010
Posts: 3,201
Likes: 32
From: 4A2FU
07-26-2020 | 10:06 AM
#1163
Line Holder
Joined: Oct 2017
Posts: 969
Likes: 17
You’d let your family starve? Interesting. Not advocating crossing a picket line, however, there are more important things then the union on this earth. And if the union is above your family on list of priorities then I don’t know what to say to you.
07-26-2020 | 10:12 AM
#1164
Line Holder
Joined: Apr 2020
Posts: 28
Likes: 0
this is an unprecedented downtown where a pilot whose company becomes liquidated may very well be without a job in this field for years. Covid is much more daunting industry wide than 2008 or 2001. Also they’d be starting from scratch without their seniority, longevity and etc. the “Standing up for the team” maybe be a noble thought but there’s absolutely no leverage or a plan B unless that plan be involves getting out of the industry completely. While no one wants it and there’s no time to take concessions anyways, it actually makes sense. Worst part is that we’re only in this situation because of a Kirby whipsaw. Also if someone saying XJT should stand strong and die vs taking concessions they have no room if they work at many of the regionals that have weaker contracts/pay.
07-26-2020 | 10:35 AM
#1166
Gets Weekends Off
Joined: Dec 2010
Posts: 3,201
Likes: 32
From: 4A2FU
I'd rely on savings, find work in a different field if necessary, and continue growing vegetables in the garden to feed the family before I voted for concessions or crossed a picket line.
07-26-2020 | 10:36 AM
#1167
Gets Weekends Off
Joined: Dec 2016
Posts: 224
Likes: 0
he just doesn't get it. If XJT guys take concessions to get cost below C5 it would be better to just shut down and go to Republic or Skywest. Senior guys advocating for concessions so they can stay senior even if financially they'd be better off starting over someplace else.
07-26-2020 | 10:40 AM
#1168
Gets Weekends Off
Joined: Apr 2020
Posts: 220
Likes: 0
The reason XJT lost the 175s was mainly due to poor management and Mesa offering UA to buy the 20 new Ejets themselves instead of UA having to front the bill for XJT. When XJT was outmaneuvered and UA was not going to expand that fleet for them they had no choice.
His next move will be to not lease the 20 700s to GoJet that he promised (pre-covid) and convert them himself to 550s. UA will then pull the 550s from GoJet and they will also go to Mesa. Talks were already being made on the last earnings call for Mesa to expand to ORD and EWR with the 550s and the new Ejets will be in IAD.
Say what you want about the man. He seems to always slither his way into great deals.
07-26-2020 | 10:42 AM
#1169
Banned
Joined: Jul 2019
Posts: 31
Likes: 0
07-26-2020 | 10:43 AM
#1170
On Reserve
Joined: Apr 2016
Posts: 129
Likes: 0
From: to the right of left
Sorry if this offends y'all, but regional lifers should be an oxymoron. It was never supposed to be that way. It was never supposed to be a place that "one could stay if they choose". Staying at a regional, blocking others from upgrading and getting their TPIC to move on messes up the whole business model, thus putting XJT in the high priced/cost predicament they're in today. Sure, downturns happen which could prolong your time at a regional, but to have that many 20 year regional lifers is outrageous.
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