What's the Latest at ASA/Expressjet?
11-02-2013, 08:14 AM
#4531
Gets Weekends Off
Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
Originally Posted by Nevets
I'll just repeat what some ASA pilot posted here, "keep telling yourself that if it makes you feel better."
Fact is that BH has mentioned that multiple times in his weekly updates so has BR on the quarterly earnings calls.
Fact is that BH has mentioned that multiple times in his weekly updates so has BR on the quarterly earnings calls.
11-02-2013, 08:16 AM
#4532
Banned
Joined APC: Dec 2007
Position: EMB 145 CPT
Posts: 2,934
Originally Posted by Nevets
I'll just repeat what some ASA pilot posted here, "keep telling yourself that if it makes you feel better." Fact is that BH has mentioned that multiple times in his weekly updates so has BR on the quarterly earnings calls.
Fact is that BH has mentioned that multiple times in his weekly updates so has BR on the quarterly earnings calls.You believe everything the "Brads" tell ya?
Originally Posted by RamenNoodles
Little birdie told me the rate reset was forgiven by momma D when INC agreed to the 2 for 1 airplane swap last year. I guess we'll find out if that's true in two years.
Originally Posted by somertime32
I heard it was delayed because of that. I have not heard it was forgiven.
"The SkyWest Airlines and ExpressJet Delta Connection Agreements contain multi-year rate reset provisions beginning in 2010 and continuing each fifth year thereafter...The Delta Connection Agreements also provide that, beginning with the fifth anniversary of the execution of the agreements (September 8, 2010), Delta has the right to require that certain contractual rates under those agreements shall not exceed the second lowest of all carriers within the Delta Connection program. During the fourth quarter of 2010, SkyWest Airlines and Atlantic Southeast reached an agreement with Delta on contractual rates satisfying the 2010 rate reset provision and the second-lowest rate provision and agreed to rates through December 31, 2015. Delta additionally waived its right to require that the contractual rates payable under the Delta Connection Agreements shall not exceed the second-lowest rates of all carriers within the Delta Connection program through December 31, 2015."
http://www.sec.gov/Archives/edgar/da...13772_110q.htm
The rate reset happened on 9/8/10. They agreed to it in the 4th quarter of 2010 (probably retroactive to 9/8/10). DAL only agreed to that 2nd lowest rate until 12/31/15 instead of 9/8/15. And then it will be another reset to 2nd lowest and then again 5 years after that in 2020. Keep in mind that this Q was filed with the SEC only three months ago. The additional 34 aircraft 2/1 swap deal happened in 2012. But regardless if it is delayed or forgiven now, my point being that the reset is the reason why Skywest decided to buy xjt and merge the airlines.
Last edited by Nevets; 11-02-2013 at 08:41 AM.
11-08-2013, 12:29 PM
#4533
Gets Weekends Off
Joined APC: Sep 2012
Position: FO
Posts: 268
Union email seems to indicate very close?
11-08-2013, 12:35 PM
#4534
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Joined APC: Dec 2007
Posts: 5,414
Originally Posted by Hurryage65:1516106
Union email seems to indicate very close?
11-08-2013, 12:58 PM
#4535
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Joined APC: Sep 2012
Position: FO
Posts: 268
Originally Posted by Trip7
They have reached an Agreement in Principle which I believe is a TA without the contract language yet
11-08-2013, 01:02 PM
#4536
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Joined APC: Aug 2012
Posts: 539
Originally Posted by Trip7
They have reached an Agreement in Principle which I believe is a TA without the contract language yet
11-08-2013, 01:05 PM
#4537
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Joined APC: Jan 2009
Position: 737 Left
Posts: 1,825
Originally Posted by Redbird611
More specifically it is an agreement without final language or MEC approval. It'll be a TA if they vote to send it to the members, which is by no means guaranteed.
11-08-2013, 01:19 PM
#4538
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Joined APC: Aug 2012
Posts: 539
Originally Posted by AtlCSIP
After all this time, it would be nice to at least see it.
11-08-2013, 02:01 PM
#4539
Banned
Joined APC: Dec 2007
Position: EMB 145 CPT
Posts: 2,934
Originally Posted by Redbird611
More specifically it is an agreement without final language or MEC approval. It'll be a TA if they vote to send it to the members, which is by no means guaranteed.
11-08-2013, 02:04 PM
#4540
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Joined APC: Jun 2013
Position: Left Seat
Posts: 239
Originally Posted by Nevets
Not if it's concessionary!
AnchorDown
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