What's the Latest at ASA/Expressjet?
#4551
Gets Weekends Off
Joined: Feb 2007
Posts: 929
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From: e190
It wasn't in the 10k it was in the shareholder conference call when skywest purchased us. By combining us they projected a savings of 40 million a year. They stated that neither company would be competitive as a stand alone company.
#4553
Banned
Joined: Dec 2007
Posts: 2,934
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From: EMB 145 CPT
Competitive and bankrupt are two very different things.
#4555
And still to this day, no one with any credibility can say whether or not the Legacy Expressjet Airlines was headed for bankruptcy. No numbers or official statements or anything other than a few rumor starting tool bags can comment on this.
Stating that allegedly a company (LXJT) was in such financial distress and that its pilot group was to blame for this poor status combined with saying that the your airline (LASA) was in shipshape financially and would do just fine in the future had it not acquired said airline surely could use a little reference and backing to hold it's weight.
If you are going to support this supposed bankrupt LXJT rumor, could someone at least prove it? Some are absolutely dead-set on it. So it must be easily proven right?
Stating that allegedly a company (LXJT) was in such financial distress and that its pilot group was to blame for this poor status combined with saying that the your airline (LASA) was in shipshape financially and would do just fine in the future had it not acquired said airline surely could use a little reference and backing to hold it's weight.
If you are going to support this supposed bankrupt LXJT rumor, could someone at least prove it? Some are absolutely dead-set on it. So it must be easily proven right?
#4556
Gets Weekends Off
Joined: Jul 2012
Posts: 503
Likes: 0
And still to this day, no one with any credibility can say whether or not the Legacy Expressjet Airlines was headed for bankruptcy. No numbers or official statements or anything other than a few rumor starting tool bags can comment on this.
Stating that allegedly a company (LXJT) was in such financial distress and that its pilot group was to blame for this poor status combined with saying that the your airline (LASA) was in shipshape financially and would do just fine in the future had it not acquired said airline surely could use a little reference and backing to hold it's weight.
If you are going to support this supposed bankrupt LXJT rumor, could someone at least prove it? Some are absolutely dead-set on it. So it must be easily proven right?
Stating that allegedly a company (LXJT) was in such financial distress and that its pilot group was to blame for this poor status combined with saying that the your airline (LASA) was in shipshape financially and would do just fine in the future had it not acquired said airline surely could use a little reference and backing to hold it's weight.
If you are going to support this supposed bankrupt LXJT rumor, could someone at least prove it? Some are absolutely dead-set on it. So it must be easily proven right?
ExpressJet upped to buy from add at Calyon Securities - MarketWatch
http://connection.ebscohost.com/c/ar...xjt-bankruptcy
#4557
Gets Weekends Off
Joined: May 2011
Posts: 384
Likes: 0
So what happened between 2008 when these articles were published and 2010 when Skywest bought ExpressJet?
#4558
Banned
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
And still to this day, no one with any credibility can say whether or not the Legacy Expressjet Airlines was headed for bankruptcy. No numbers or official statements or anything other than a few rumor starting tool bags can comment on this.
Stating that allegedly a company (LXJT) was in such financial distress and that its pilot group was to blame for this poor status combined with saying that the your airline (LASA) was in shipshape financially and would do just fine in the future had it not acquired said airline surely could use a little reference and backing to hold it's weight.
If you are going to support this supposed bankrupt LXJT rumor, could someone at least prove it? Some are absolutely dead-set on it. So it must be easily proven right?
Stating that allegedly a company (LXJT) was in such financial distress and that its pilot group was to blame for this poor status combined with saying that the your airline (LASA) was in shipshape financially and would do just fine in the future had it not acquired said airline surely could use a little reference and backing to hold it's weight.
If you are going to support this supposed bankrupt LXJT rumor, could someone at least prove it? Some are absolutely dead-set on it. So it must be easily proven right?
ExpressJet upped to buy from add at Calyon Securities - MarketWatch
Analysts Worried about XJT Bankruptcy - Tags: BANKRUPTCY EXPRESSJET Airlines Inc.
#4560
Banned
Joined: Dec 2007
Posts: 2,934
Likes: 0
From: EMB 145 CPT
And in the meantime DAL was already gearing up to give you the 2nd lowest rates as well.
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