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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   ExpressJet (https://www.airlinepilotforums.com/expressjet/)
-   -   ExpressJet (https://www.airlinepilotforums.com/expressjet/98782-expressjet.html)

No Lies 01-20-2017 11:49 AM
Originally Posted by RemoveB4Flight (Post 2285140)
Are their financial futures not dependent on each other? Even without combined fleet, seniority list, contract, does the financial failure of one affect the other? I thought they were separate parts of the same company.
Not anymore than Skywest and ExpressJet and ASA. Looks like Inc is making money.

Arliss 01-20-2017 06:28 PM
Originally Posted by MoarAlpha (Post 2285103)
Is there a bonus being issued Feb 1st for contract signing?
What contract?

wmupilot85 01-20-2017 06:40 PM
Originally Posted by Arliss (Post 2285381)
What contract?
For the contract extension. $1000 minimum profit sharing paid sometime in Feb. I'm hearing the 10th or the 24th, probably going to be on the off pay week.

BeechedJet 01-20-2017 07:33 PM
No matter what happens or where the profit is made, Inc. plays with their books and always shows any loss on the XJT side. Aaaaand no one ever gives a shiit.

RemoveB4Flight 01-20-2017 07:38 PM
Originally Posted by No Lies (Post 2285173)
Not anymore than Skywest and ExpressJet and ASA. Looks like Inc is making money.
They aren't making money off xjt/asa. They are only making money on the Skywest.

WesternSkies 01-20-2017 07:48 PM
Originally Posted by BeechedJet (Post 2285406)
No matter what happens or where the profit is made, Inc. plays with their books and always shows any loss on the XJT side. Aaaaand no one ever gives a shiit.
How do they do that?

jacburn 01-20-2017 08:01 PM
Originally Posted by WesternSkies (Post 2285412)
How do they do that?
Simple. You charge XJT for things like an IT dept, benefits dept, Maintenance fees. You get XJT to pay for hotel rooms and then when they get cancelled, Skywest gets the refund money into the Inc account. Ask any accountant how well the books can show something that is not true.

jacburn 01-20-2017 08:04 PM
Originally Posted by RemoveB4Flight (Post 2285409)
They aren't making money off xjt/asa. They are only making money on the Skywest.
Skywest is in complete control of the contracts with the majors. They can move the money making contracts any where they want to put them. Skywest was also behind the XJT money losing contracts.

Jvw700 01-20-2017 08:12 PM
Originally Posted by jacburn (Post 2285419)
Skywest is in complete control of the contracts with the majors. They can move the money making contracts any where they want to put them. Skywest was also behind the XJT money losing contracts.
You guys have special access to Skywest INCs "books"? Kinda funny reading ya'lls posts and how much you think you know. One thing is for certain though, Skywest should have never acquired express jet!

gojo 01-20-2017 08:23 PM
Originally Posted by Jvw700 (Post 2285422)
You guys have special access to Skywest INCs "books"? Kinda funny reading ya'lls posts and how much you think you know. One thing is for certain though, Skywest should have never acquired express jet!
Man, talk about a coolaid drinker. Skywest has been brilliant with the non union side. Are you saying they're not smart enough to make Express Jet profitable? They're doing exactly what they want with Express Jet.


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