Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Regional > Retired Regionals > ExpressJet
What's the Latest at ASA/Expressjet? >

What's the Latest at ASA/Expressjet?

Search

Notices
ExpressJet Regional Airline

What's the Latest at ASA/Expressjet?

Thread Tools
 
Search this Thread
 
Old 08-06-2013 | 05:36 AM
  #3911  
Captain Tony's Avatar
Line Holder
 
Joined: Mar 2010
Posts: 1,965
Likes: 0
Default

Originally Posted by Trip7
I've heard this rumor. Its impossible to bankrupt a subsidiary. Only Skywest Inc can declare bankruptcy.
Go read up on the MAIR Inc/Mesaba Airlines bankruptcy and report back.
Old 08-06-2013 | 05:42 AM
  #3912  
Redbird611's Avatar
Line Holder
10 Years
30 Countries Visited
 
Joined: Aug 2012
Posts: 556
Likes: 3
Default

Originally Posted by Trip7
I've heard this rumor. Its impossible to bankrupt a subsidiary. Only Skywest Inc can declare bankruptcy.
That really depends on how debt, leases, and contracts are structured, but I hope you're right.
Old 08-06-2013 | 05:59 AM
  #3913  
shimmydamp's Avatar
Gets Weekends Off
 
Joined: Jul 2007
Posts: 202
Likes: 0
Default

I've heard this rumor. Its impossible to bankrupt a subsidiary. Only Skywest Inc can declare bankruptcy.
MAIR Holdings.
Old 08-06-2013 | 06:07 AM
  #3914  
Captain Tony's Avatar
Line Holder
 
Joined: Mar 2010
Posts: 1,965
Likes: 0
Default

Since 777 Forever is still furiously googling, I'll help him. In a nutshell, NWA went bankrupt and withheld $25m from Mesaba Airlines, while grounding half their fleet. MAIR bankrupted the Mesaba division while keeping MAIR and other sub Big Sky solvent. MAIR later sold Mesaba to NWA and the rest is history.

Delta is currently run by former NWA management.

In September, 2015, ASA (dba ExpressJet) faces the next "rate reset" when we must be the second lowest operating cost carrier in the DCI "portfolio", or Delta has the right to cut our payments to that of the second lowest cost carrier. At least half our 50 seat fleet also expires at that time. SkyWest Inc then has the right to terminate the CPA with Delta, or take the pay cut at that time.

Sound familiar? The cards are falling into place and everything is going according to plan. But don't worry, everyone at XJT will be given the preferential interviews at SkyWest Mainline.
Old 08-06-2013 | 07:45 AM
  #3915  
Gets Weekends Off
 
Joined: Sep 2007
Posts: 420
Likes: 0
Default

Originally Posted by Captain Tony
Since 777 Forever is still furiously googling, I'll help him. In a nutshell, NWA went bankrupt and withheld $25m from Mesaba Airlines, while grounding half their fleet. MAIR bankrupted the Mesaba division while keeping MAIR and other sub Big Sky solvent. MAIR later sold Mesaba to NWA and the rest is history.

Delta is currently run by former NWA management.

In September, 2015, ASA (dba ExpressJet) faces the next "rate reset" when we must be the second lowest operating cost carrier in the DCI "portfolio", or Delta has the right to cut our payments to that of the second lowest cost carrier. At least half our 50 seat fleet also expires at that time. SkyWest Inc then has the right to terminate the CPA with Delta, or take the pay cut at that time.

Sound familiar? The cards are falling into place and everything is going according to plan. But don't worry, everyone at XJT will be given the preferential interviews at SkyWest Mainline.
So, Delta buys PNCL drives there cost down and then uses those new cost to reset rates. Seems like that wasn't part of the agreement originally agreed upon. So your telling me the Regionals went into a good faith agreement knowing that all delta had to do was buy or start another region and undercut them to get out of paying on the original contract rates?

I see lawsuit written all over this.
Old 08-06-2013 | 09:17 AM
  #3916  
TheFly's Avatar
Gets Weekends Off
 
Joined: Feb 2006
Posts: 2,300
Likes: 0
From: Seat 0B
Default

1. What are the family flight benefits like at XJT?

2. New hire likely to get ORD? What equipment?

3. What is reserve like?

4. Any other helpful info.

Thanks in advance guys.
Old 08-06-2013 | 09:23 AM
  #3917  
Banned
 
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
Default

Originally Posted by Hoser
Interesting post from FI.com:

http://insiders.morningstar.com/trad...&culture=en-US

Brad Holts salary has increased 83% since 2008
The executive salaries combined have increased 63% since 2008
You should see the posts on multiple threads on the pipe about this. Especially the 45 page 500+ post thread that started last week.
Old 08-06-2013 | 09:27 AM
  #3918  
Gets Weekends Off
 
Joined: Mar 2006
Posts: 426
Likes: 0
From: EMB 145 FO
Default

Originally Posted by TheFly
1. What are the family flight benefits like at XJT?

2. New hire likely to get ORD? What equipment?

3. What is reserve like?

4. Any other helpful info.

Thanks in advance guys.
1. Useless
2. Who knows
3. A nightmare the devil himself couldnt dream up
4. Choose a different career.
Old 08-06-2013 | 09:32 AM
  #3919  
Line Holder
 
Joined: Nov 2010
Posts: 274
Likes: 3
Default

Originally Posted by mking84
1. Useless
2. Who knows
3. A nightmare the devil himself couldnt dream up
4. Choose a different career.
1. get
2. a
3. new
4. job

if it's sooooo bad for you, then it's time to move on and not make the people around you miserable.
Old 08-06-2013 | 09:36 AM
  #3920  
Line Holder
 
Joined: Nov 2010
Posts: 274
Likes: 3
Default

Originally Posted by TheFly
1. What are the family flight benefits like at XJT?

2. New hire likely to get ORD? What equipment?

3. What is reserve like?

4. Any other helpful info.

Thanks in advance guys.
1. You get first dibs on seats on XJT flights (Unless a United mainline employee uses thier vacation pass)

2. Basing and equipment assignments are purely based on seniority within your class. If you want an ERJ specific base, then bid all the ERJ bases first in order of preference. You can always switch domiciles later.

3. Reserve isn't that bad. It could definitely be better, but if you live in domicile that'll make it much more bearable. I'm CRJ and our reserve rules aren't as good as the ERJ side.

4. Don't listen to half the crap people post on here.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
12579
Career Questions
44
12-02-2015 11:46 AM
aircraftdriver
Major
15
03-07-2008 09:59 AM
threegreen
Regional
22
02-22-2008 05:33 PM
worldliner777
Major
13
02-22-2008 07:11 AM
skywarrior
Regional
3
11-02-2005 01:16 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices