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Will ExpressJet survive this?

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Will ExpressJet survive this?

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Old 04-23-2020 | 08:18 AM
  #411  
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Originally Posted by flyguy727
There is going to be a significant reduction in service. Majors will do massive furloughing in September, thats going to put a stop at hiring there,, for at least 8 years. Which translates to slow upgrades at the commuters,, gone are the days you upgrade in 12 months. Also, get a second skill set,, you may need it..
I don't disagree with anything you said except for the 8 years. I don't believe that's rooted in reality with the continued mandatory retirements in a way we haven't seen before. It may take airlines 2-3 years to get back to where they are pre COVID-19, but for the next 10 years, retirements will still considerably outpace any contraction. The movement may have stalled for the next 2-3 years owing to furloughs and recalls, but if hiring stops at the majors for 8 years, it's because the entire industry has fundamentally changed, long-term. I don't believe that to be the case.

This isn't your run-of-the-mill industry contraction. Comparing it to those past is folly, in my opinion. Historically, the hiring dearths have existed precisely because there weren't any pilots retiring off the top of the lists to create movement. That isn't the dynamic going forward.
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Old 04-23-2020 | 12:05 PM
  #412  
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Originally Posted by AboveMins
Nope. Haven't been keeping up with the bumfight. Same concept, different airline then. Still doesn't change the fact that Mesa is a bottom feeder.
​​​​​​
You must fly for FedEx or UPS. If so awesome. If not Atlas, ATI, Southern ect. Guess what are they payscale wise? "Hint" B_t_om F_e_der.
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Old 04-23-2020 | 03:07 PM
  #413  
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As per the latest MEC chair's email, triple digit downgrades, CARES act covering 75% of payroll and 50% of operating expenses. More than I would have thought so that's some good news. Time to apply for the weekend stock boy position at Costco. Definitely rough times ahead.
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Old 04-23-2020 | 03:21 PM
  #414  
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Originally Posted by DirkDiggler
As per the latest MEC chair's email, triple digit downgrades, CARES act covering 75% of payroll and 50% of operating expenses. More than I would have thought so that's some good news. Time to apply for the weekend stock boy position at Costco. Definitely rough times ahead.
XJET got some of the bailout money?
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Old 04-23-2020 | 03:38 PM
  #415  
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Originally Posted by Melit
XJET got some of the bailout money?

According to the union XJT did.

You seem surprised the world isn’t what you said it was.


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Old 04-23-2020 | 03:54 PM
  #416  
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Originally Posted by StuckOnReserve
According to the union XJT did.

You seem surprised the world isn’t what you said it was.


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LOL! He thought for sure xjet was toast. He’s hurting right now.
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Old 04-23-2020 | 04:15 PM
  #417  
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Originally Posted by itsmytime
LOL! He thought for sure xjet was toast. He’s hurting right now.
Every airline, including XJT, stands a fair chance of being toast before this is over. United is planning on a 90% reduction in service for 2-3 months, and if there isn’t a huge unexpected rapid recovery, the 756 fleet, and possibly the Airbus fleet is gone. They have also indicated that they plan a major drawdown in 50 seat lift. XJT might have some breathing room for now, but I wouldn’t consider their survival a certainty.
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Old 04-23-2020 | 05:01 PM
  #418  
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Originally Posted by StuckOnReserve
According to the union XJT did.

You seem surprised the world isn’t what you said it was.


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that’s not really what they said

they were referencing the WAR message that said the company is still working with the Treasury
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Old 04-23-2020 | 06:00 PM
  #419  
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Originally Posted by Itsajob
Every airline, including XJT, stands a fair chance of being toast before this is over. United is planning on a 90% reduction in service for 2-3 months, and if there isn’t a huge unexpected rapid recovery, the 756 fleet, and possibly the Airbus fleet is gone. They have also indicated that they plan a major drawdown in 50 seat lift. XJT might have some breathing room for now, but I wouldn’t consider their survival a certainty.
unless they get rid of their investment in them, if United survives, xjet survives.
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Old 04-23-2020 | 06:02 PM
  #420  
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Originally Posted by itsmytime
unless they get rid of their investment in them, if United survives, xjet survives.
I really don’t think that’s the case. We’re a drop in the bucket
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