What's the Latest at ASA/Expressjet?
04-04-2014, 05:51 AM
#5501
Gets Weekends Off
Joined APC: Jul 2013
Posts: 611
Originally Posted by Jefferson
Yes... because
1. They shared that information with you and
2. The first stop publicly traded companies make on the path to profitability is "screw it just shut it down"
1. They shared that information with you and
2. The first stop publicly traded companies make on the path to profitability is "screw it just shut it down"
Best Buy to Close Stores, Slash Jobs - ABC News
04-04-2014, 06:04 AM
#5502
Stuck Mic
Joined APC: Dec 2013
Posts: 1,059
Originally Posted by NVUS
If it was easier to do so, you would see a new regional start up every 5 years, the others shutting down every 5. Just like they do with contract stations for rampers/gate agents. We saw regionals handling their own planes, they got paid too much after 20-30 years, then other regional carriers took over with the lowest bidders winning, then regional elite undercut them, now DGS. All of them using the same equipment, just mostly new people, or the same people who took massive pay cuts.
I highly doubt any pilot has or will ever hear how long INC has given BH to get things up to speed. But when you have XJT, Eagle, and RAH with a combined 10,000+ pilots making a unified NO voice heard to concessions, that speaks volumes to every management team out there. (Assuming RAH votes no today).
04-04-2014, 06:23 AM
#5503
Gets Weekends Off
Thread Starter
Joined APC: May 2012
Posts: 344
Originally Posted by Jefferson
Yes... because
1. They shared that information with you and
2. The first stop publicly traded companies make on the path to profitability is "screw it just shut it down"
1. They shared that information with you and
2. The first stop publicly traded companies make on the path to profitability is "screw it just shut it down"
Pretty much.. We are the next Comair. Doesn't matter if we are publicly traded or not. That is not a safety net, and yes we can be shut down if we are not making money. We are not the government. All I can tell you is have your apps out and try to get out.
04-04-2014, 06:35 AM
#5504
Banned
Joined APC: Feb 2007
Position: Delta Gear Slinger
Posts: 415
Originally Posted by Kilroy
Pretty much.. We are the next Comair. Doesn't matter if we are publicly traded or not. That is not a safety net, and yes we can be shut down if we are not making money. We are not the government. All I can tell you is have your apps out and try to get out.
The only reason I can think of that is holding them back is that it would tank INC's credit rating and they might have trouble financing all those shiny new large RJ's on order. How many are there again? 400+ including options? I seriously doubt SkyWest Airlines alone could staff all that even if they parked the entire existing fleet.
Yea, we're not going anywhere.
04-04-2014, 06:53 AM
#5505
Gets Weekends Off
Thread Starter
Joined APC: May 2012
Posts: 344
Originally Posted by RamenNoodles
Deep breathes. Negotiating tactics. INC isn't going to just Comair the entire airline. There are plenty of profitable pieces at ExpressJet. I'd be willing to guess a bankruptcy filing would be in order before they just dissolve their billion-dollar investment. In fact, I'm surprised they haven't done that yet. Perfect excuse to force the pilots into a JCBA, shed loss-making CPA's and other financial burdens, force Delta and United back to the negotiating table to secure new CPA's that actually make sense.
The only reason I can think of that is holding them back is that it would tank INC's credit rating and they might have trouble financing all those shiny new large RJ's on order. How many are there again? 400+ including options? I seriously doubt SkyWest Airlines alone could staff all that even if they parked the entire existing fleet.
Yea, we're not going anywhere.
The only reason I can think of that is holding them back is that it would tank INC's credit rating and they might have trouble financing all those shiny new large RJ's on order. How many are there again? 400+ including options? I seriously doubt SkyWest Airlines alone could staff all that even if they parked the entire existing fleet.
Yea, we're not going anywhere.
I like the way you think, it is a positive outlook. However, i'm not so optimistic. I hope what I said does not come true.
04-04-2014, 06:58 AM
#5506
Gets Weekends Off
Joined APC: May 2013
Position: The Parlor
Posts: 1,243
Originally Posted by Kilroy
I like the way you think, it is a positive outlook. However, i'm not so optimistic. I hope what I said does not come true.
04-04-2014, 07:09 AM
#5507
Stuck Mic
Joined APC: Dec 2013
Posts: 1,059
Originally Posted by MrMustache
If only you guys got those 717s...
04-04-2014, 02:59 PM
#5508
Gets Weekends Off
Thread Starter
Joined APC: May 2012
Posts: 344
Originally Posted by MrMustache
If only you guys got those 717s...
04-05-2014, 02:36 AM
#5509
Gets Weekends Off
Joined APC: Jan 2011
Posts: 136
Originally Posted by Kilroy
It still might happen.
04-05-2014, 06:41 AM
#5510
Gets Weekends Off
Thread Starter
Joined APC: May 2012
Posts: 344
Originally Posted by captlonestar
Are you really that stupid or am I missing something?
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