What's the Latest at ASA/Expressjet?
06-07-2014, 06:40 AM
#6251
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Joined APC: Mar 2014
Posts: 360
Originally Posted by FDX8891
Two: SkyWest Inc. cannot declare ExpressJet bankrupt. In order to do that, all of Inc. would have to go bankrupt.
God, this sh*t spewed on here makes my head spin.
God, this sh*t spewed on here makes my head spin.
Originally Posted by Nevets
When you say LXJT, what you are talking about (even if you don't realize or admit it), is the CPA LXJT has with UAL. Just as the thorn ASA is is actually the second lowest clause. Both of which were negotiated by the infallible at INC.
No, but UAL does huge vested interest in cheap lift. And they have a CPA with Inc requiring them to do so.
No, but UAL does huge vested interest in cheap lift. And they have a CPA with Inc requiring them to do so.
06-07-2014, 07:35 AM
#6252
Gets Weekends Off
Joined APC: Apr 2010
Posts: 600
Originally Posted by Jefferson
It NEVER ceases to amaze me how a bachelor's degree and a pilots license seem to somehow qualify people in Corporate Law.
06-07-2014, 09:14 AM
#6253
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Joined APC: Mar 2014
Posts: 360
Originally Posted by Ar Pilot
Don't forget we're all basically CEOs and Presidents as well, with some slight logistical mastery throw in.
Solitary Legends every one...(#1127 System wide 185 or so on the airplane)....
06-07-2014, 09:43 AM
#6254
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Joined APC: Mar 2010
Posts: 1,951
Originally Posted by FDX8891
Two things:
One: SkyWest Inc. had a huge part in the money-losing CPAs you speak of...
Two: SkyWest Inc. cannot declare ExpressJet bankrupt. In order to do that, all of Inc. would have to go bankrupt. You really think they're gonna screw their shareholders over and tank their stock so they can get concessions out of us?
God, this sh*t spewed on here makes my head spin.
One: SkyWest Inc. had a huge part in the money-losing CPAs you speak of...
Two: SkyWest Inc. cannot declare ExpressJet bankrupt. In order to do that, all of Inc. would have to go bankrupt. You really think they're gonna screw their shareholders over and tank their stock so they can get concessions out of us?
God, this sh*t spewed on here makes my head spin.
06-07-2014, 09:59 AM
#6255
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Joined APC: Mar 2010
Posts: 1,951
Originally Posted by Flycameron
I guess I'm confused as to why Skywest had a huge part in the money-loosing CPA's? Why would they be a huge part in the loosing CPA and then still want to buy Expressjet? That just seems a little odd to me. Sounds like United got what they wanted out of the deal more than anyone. Let me see if I understand, Skywest made a bid for the flying because they are $30 million dollars cheaper to run which meant expressjet had to match the bid to get the contract. Since they matched the bid it made it a loosing money CPA on the expressjet side but a money maker of the Skywest side?
Why in the world is the expressjet contract $30 million more than Skywest? That seems like a very big difference in numbers? Do Skywest pilots get paid half as much? That just seems like a very big difference and either someone's contract is out of whack or someone is getting screwed? All in all the majors are getting what they want in the end, cheaper regional flying?
Why in the world is the expressjet contract $30 million more than Skywest? That seems like a very big difference in numbers? Do Skywest pilots get paid half as much? That just seems like a very big difference and either someone's contract is out of whack or someone is getting screwed? All in all the majors are getting what they want in the end, cheaper regional flying?
SkyWest bought Legacy ExpressJet to eliminate the competition. Period. All they got for their ~$26 million was the CPAs, the ground equipment, and the ground stations (now shut down). UAL still holds the leases on all of the ERJs. Their strategic plan all along has been to extract the concessions they felt was necessary to make it profitable, relative to SkyWest Airlines and ASA, or shut it down and fly the CPAs with their own metal. (SkyWest airlines and ASA).
Their biggest mistake was agreeing to merge ASA and ExpressJet instead of keeping them stand along entities. There was no way L-ExpressJet was going to give up the outliers in their contract that make it so expensive like LTD, DC retirement, OJI Bank, and 90% PPO.
All I can say further without reaching the limits of confidentiality agreements is that I hope the XJT MEC abandons the chest thumping rhetoric and thinks long and hard this week of the futures of about 2000 pilots. It's all in their hands... we are down to the wire.
06-07-2014, 10:16 AM
#6256
Gets Weekends Off
Joined APC: Oct 2009
Posts: 270
Originally Posted by Captain Tony
"Money losing CPA".
SkyWest bought Legacy ExpressJet to eliminate the competition. Period. All they got for their ~$26 million was the CPAs, the ground equipment, and the ground stations (now shut down). UAL still holds the leases on all of the ERJs. Their strategic plan all along has been to extract the concessions they felt was necessary to make it profitable, relative to SkyWest Airlines and ASA, or shut it down and fly the CPAs with their own metal. (SkyWest airlines and ASA).
Their biggest mistake was agreeing to merge ASA and ExpressJet instead of keeping them stand along entities. There was no way L-ExpressJet was going to give up the outliers in their contract that make it so expensive like LTD, DC retirement, OJI Bank, and 90% PPO.
All I can say further without reaching the limits of confidentiality agreements is that I hope the XJT MEC abandons the chest thumping rhetoric and thinks long and hard this week of the futures of about 2000 pilots. It's all in their hands... we are down to the wire.
SkyWest bought Legacy ExpressJet to eliminate the competition. Period. All they got for their ~$26 million was the CPAs, the ground equipment, and the ground stations (now shut down). UAL still holds the leases on all of the ERJs. Their strategic plan all along has been to extract the concessions they felt was necessary to make it profitable, relative to SkyWest Airlines and ASA, or shut it down and fly the CPAs with their own metal. (SkyWest airlines and ASA).
Their biggest mistake was agreeing to merge ASA and ExpressJet instead of keeping them stand along entities. There was no way L-ExpressJet was going to give up the outliers in their contract that make it so expensive like LTD, DC retirement, OJI Bank, and 90% PPO.
All I can say further without reaching the limits of confidentiality agreements is that I hope the XJT MEC abandons the chest thumping rhetoric and thinks long and hard this week of the futures of about 2000 pilots. It's all in their hands... we are down to the wire.
06-07-2014, 10:52 AM
#6257
Gets Weekends Off
Joined APC: Mar 2014
Posts: 360
Originally Posted by flyguy94
Nobody is thumping their chests. We already voted down the TA and made it clear to the union we wouldn't take concessions. If United won't renegotiate with Skywest profitable CPA's then we are prepared for whatever the consequences might be.
I can TOTALLY respect that... seriously. That's what the vote is all about. If it is understood that you are voting to either have it your way or not have it at all, and willing to accept that then so be it...
The unfortunate thing is that there are hundreds of employees that don't get a vote that are subject to those same consequences.
06-07-2014, 11:23 AM
#6258
Gets Weekends Off
Joined APC: Oct 2009
Posts: 270
Originally Posted by Jefferson
I can TOTALLY respect that... seriously. That's what the vote is all about. If it is understood that you are voting to either have it your way or not have it at all, and willing to accept that then so be it...
The unfortunate thing is that there are hundreds of employees that don't get a vote that are subject to those same consequences.
The unfortunate thing is that there are hundreds of employees that don't get a vote that are subject to those same consequences.
06-07-2014, 11:41 AM
#6259
Gets Weekends Off
Joined APC: Mar 2014
Posts: 360
Originally Posted by flyguy94
It is not the pilots responsibility to keep this company limping along by taking concessions. Blaming the pilots is absurd.
Any group holds responsibility in the choices it makes.
06-07-2014, 11:51 AM
#6260
Gets Weekends Off
Joined APC: Jan 2013
Position: PA34-200
Posts: 145
Originally Posted by flyguy94
It is not the pilots responsibility to keep this company limping along by taking concessions. Blaming the pilots is absurd.
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