What's the Latest at ASA/Expressjet?
06-07-2014 | 09:59 AM
#6301
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Joined: Mar 2010
Posts: 1,967
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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
#6302
Line Holder
Joined: Oct 2009
Posts: 280
Likes: 5
"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
#6303
Gets Weekends Off
Joined: Mar 2014
Posts: 363
Likes: 0
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
#6304
Line Holder
Joined: Oct 2009
Posts: 280
Likes: 5
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 | 11:51 AM
#6306
Gets Weekends Off
Joined: Jan 2013
Posts: 145
Likes: 0
From: PA34-200
You didn't knew that the pilots were the one who signed the money lossing CPAs with United? I am telling you these pilots are so greedy! Making 20k a year and keep wanting more!?!? What is wrong with them? They should be glad that the company let them build precious SIC time on that very shiny jet (not as shiny as e175/crj900)! Actually, I think it will be fair if the pilots will work for free until the company can get its *******t together...
06-07-2014 | 12:00 PM
#6307
Gets Weekends Off
Joined: Jan 2013
Posts: 145
Likes: 0
From: PA34-200
Board of Directors is responsible for the control and direction of the company, and governed by a Code of Ethics, the Board represents and is accountable to our stakeholders
Straight from the "code of ethics":
act ethically with honesty and integrity
06-07-2014 | 12:03 PM
#6308
Gets Weekends Off
Joined: Apr 2012
Posts: 339
Likes: 0
From: E-175 CA
Apples and oranges. The UAW workers were grossly overpaid for the job they did. Knocking together crappy GM cars for $73 an hour plus lavish benefits and pensions? They made more than just about any regional pilot. We are already grossly underpaid, and mgmt wants us to make even less when demand for our skills is at an all-time high? FUPM!
06-07-2014 | 12:09 PM
#6309
Gets Weekends Off
Joined: Oct 2010
Posts: 101
Likes: 0
From: Captain
"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.
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