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Will ExpressJet survive this?

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Old 04-17-2020 | 07:06 PM
  #311  
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Originally Posted by flightlessbirds
By owning nothing they have no obligations beyond payroll. No bad debts, unfavorable leases, and/or unwanted airplanes from deals made when everyone assumed pre-WuhChu demand was durable.

They can be a nimble and cost advantaged place for mainline to shove RJs that are orphaned by other partners who have to shed them in a collateral call. Just depends if other regional operators have the cash ability to buy up the orphaned planes as other airlines shed them or whether mainline has to take them back...I suspect we will see both play out this spring/summer.
The other side of that coin is that by owning nothing, a company has zero collateral when it needs to secure financing to get through hard times. You also have no control over where the parent company moves their aircraft. A company that does own their aircraft can put them up as collateral to gain financing, and they can offer their lift to multiple legacy carriers. As as an employee, I’d rather work for a company that owns the equipment that I’m paid to fly rather than work for one that is basically a staffing agency. Everyone is still fighting under the table for the scraps, but it’s always good to have more muscle and teeth in a fight. I don’t mean for this to sound insulting, but it is the difference between ownership, and not.
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Old 04-17-2020 | 07:21 PM
  #312  
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Originally Posted by flightlessbirds
By owning nothing they have no obligations beyond payroll. No bad debts, unfavorable leases, and/or unwanted airplanes from deals made when everyone assumed pre-WuhChu demand was durable.

They can be a nimble and cost advantaged place for mainline to shove RJs that are orphaned by other partners who have to shed them in a collateral call. Just depends if other regional operators have the cash ability to buy up the orphaned planes as other airlines shed them or whether mainline has to take them back...I suspect we will see both play out this spring/summer.
Regionals are done!
nobody is gonna buy a shell company that owns nothing. That is why OO **** caned you .
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Old 04-17-2020 | 07:54 PM
  #313  
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Originally Posted by Melit
Regionals are done!
nobody is gonna buy a shell company that owns nothing. That is why OO **** caned you .
Why won’t you answer my question?
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Old 04-17-2020 | 08:01 PM
  #314  
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Originally Posted by uipilot45x
Why won’t you answer my question?
The guy is nothing but a troll with the English skills of a sixth grader. Don't expect any answers from him that are worth anything other than fueling an argument.
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Old 04-17-2020 | 08:02 PM
  #315  
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Originally Posted by BRJPilot
The guy is nothing but a troll with the English skills of a sixth grader. Don't expect any answers from him that are worth anything other than fueling an argument.

Okay, but any troll worth his weight should at least try to answer a simple question.
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Old 04-17-2020 | 08:09 PM
  #316  
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Originally Posted by BRJPilot
The guy is nothing but a troll with the English skills of a sixth grader. Don't expect any answers from him that are worth anything other than fueling an argument.
Despite all the differences between the folks on this board, the one thing that unites us all is utter disdain and complete contempt for Melit, a person who spends their free time on XJT boards trying to revenge an imaginary sleight that a random person may have said against SkyWest 2 years ago, thus condemning all of us to endure his verbal diarrhea and constant whining because our company is such a big meanie. Thank you Melit for giving us something we can all hate together
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Old 04-17-2020 | 08:12 PM
  #317  
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Originally Posted by spacecadet
Despite all the differences between the folks on this board, the one thing that unites us all is utter disdain and complete contempt for Melit, a person who spends their free time on XJT boards trying to revenge an imaginary sleight that a random person may have said against SkyWest 2 years ago, thus condemning all of us to endure his verbal diarrhea and constant whining because our company is such a big meanie. Thank you Melit for giving us something we can all hate together
All I want to know is the punchline! Why is “ManAir” funny? Why?
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Old 04-17-2020 | 08:24 PM
  #318  
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Originally Posted by Melit
Regionals are done!
nobody is gonna buy a shell company that owns nothing. That is why OO **** caned you .
Against my better judgement, because of the old adages about reasoning with idiots and arguing with pigs, I'll address you directly. Your memory of who got canned is foggy. To clear that up, go look in the mirror. It's pretty common knowledge that you were the one canned by ExpressJet, hence your need to bloviate about them here continuously. By the way, it's Mana Air (NOT Manair) that's the majority owner, with UAL owning just under half. That may be in UAL's and XJT's best interest going forward. UAL's investment was $70M to rescue the company from SkyPest! The rest of the money came from private investors. While the future of 50 seat flying for UAL has yet to be determined, it's not out of the realm of reasonable probability that money will be found to keep the company afloat until the flying demand returns and if 50 seat flying is a part of that rebound. That money could come from the government, private investors, UAL itself, or any combination of those. What the future holds is surely uncertain at this point. But one thing is crystal clear: you don't have a clue what you are talking about!
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Old 04-17-2020 | 08:34 PM
  #319  
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Originally Posted by piloto2
Against my better judgement, because of the old adages about reasoning with idiots and arguing with pigs, I'll address you directly. Your memory of who got canned is foggy. To clear that up, go look in the mirror. It's pretty common knowledge that you were the one canned by ExpressJet, hence your need to bloviate about them here continuously. By the way, it's Mana Air (NOT Manair) that's the majority owner, with UAL owning just under half. That may be in UAL's and XJT's best interest going forward. UAL's investment was $70M to rescue the company from SkyPest! The rest of the money came from private investors. While the future of 50 seat flying for UAL has yet to be determined, it's not out of the realm of reasonable probability that money will be found to keep the company afloat until the flying demand returns and if 50 seat flying is a part of that rebound. That money could come from the government, private investors, UAL itself, or any combination of those. What the future holds is surely uncertain at this point. But one thing is crystal clear: you don't have a clue what you are talking about!
He especially doesn’t know how to deliver a punchline.
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Old 04-17-2020 | 09:55 PM
  #320  
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Originally Posted by watch
Does Expressjet own the sims, the land, buildings, or tools?

I would be interested to hear how many weeks left of cash flow XJT has left. Any guesses? I would guess between 0 and 3. Why else would the company keep extra millions laying around? Unless United sees XJT as essential and pays for XJT to stay alive and operating. Why keep the burden of all these employees then, when they could just pay Republic and Mesa per departure?
For what it's worth, at YX, we received word yesterday we will not be doing any flying for UA in IAH or DEN for at least the next three months. I know the situation is fluid, but it's kind of difficult to imagine UA doing that if they intend on letting XJT fly west, as it were.
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