If I ever get furloughed from XJT, I will never, ever set foot in another airplane associated with that brass-name-tag-wearing, Kool-Aid sipping, Tabernacle-dwelling, union-busting dirt-bag of an airline that is SkyWest Airlines.

I fully expect the L-XJT group to go out like the Stevedores did in the Season 2 finale of "The Wire", ****ing on the ships as the Feds watched them walk away on their last day.

If that's how we have to go out, then I'm all for it. F*ck Inc.

 

I like that post a lot.... You guys are starting to come around a bit.......

 

Some positives? I only heard one positive: no bankruptcy in the works.

 

Wait what.....? That contradict all the trolls who posted on here....

 

If they told you a bankruptcy was in the works what do you think that would do to the stocks? That is something that is never pre announced

 

Listen to the call. It was alluded that it may harm the holding company. Also, the benefit of bankruptcy protection would be the renegotiation of labor costs. But they admitted that the financial problems with xjt are with the CPAs, not really labor costs. In other words, it's a revenue problem more than anything else. Which is why, other than parking unprofitable aircraft, they are concentrating on operational incentives. They actually lose leverage of trying to renegotiate CPAs in bankruptcy because of the boiler plate bankruptcy clauses in the CPAs.

 

^ agree. They have a plan.... Shrink XJT untill its down to just the Profitable airplanes the xr's.. And run a smaller more ontime operation. They make money off the cpa (novel concept),And get the ontime/completion bonuses
From UA... Look how much better Mesa is now that they ate leaner and meaner. They are growing again...

 

I've been trying to follow along and just have one question. Could someone un-abbreviate CPA?

 

Capacity Purchase Agreement. Essentially it is the "deal" that Skywest or ExpressJet makes with mainline partners (AA, DAL, UAL etc) to provide regional lift (service) for said partner.

 

That, and the fact that our performance (both sides) is vastly improved. XJT (both sides) will eventually shrink as you said in a post just recently, yet as several people mentioned there is a chance, and I think a pretty good one, that some non XR aircraft will be extended as UAL realizes "oh yeah, I guess we can't replace that flying..." for a least a few more months and then we'll shrink down to all XR's and eventually E 175s where the Delta side (depending on the implosion of 9E) sheds more, but not all CR2s and adds CR7 and CR9s (I hope).

I got from the call, and as you pointed out, that SKYW is finally growing a pair and will soon knock on Jeff and Richard's door saying, "Time to pay us what is fair, if not, find somebody else to do it for less...oh wait, there isn't anyone...your choice, lose the flying or break out the checkbook." Like I've always said, our size is our leverage. Mesa, G7 etc can only take but so much. The days of our mainline partners are making billions (pre tax) off OUR BACKS and not giving anything back for our troubles will hopefully be over soon.