Just got the email you are correct
They said initially it was reported wholly owned
25 planes with limited to 70 seats to replace crjs
The union still trying to get all in house and is trying to convinced management as I type

 

Don't be so naive on how the business world works. "Investor group" are Ual's bestest, coolest, closest buddies that they share drinks with, golf with, have family dinners with.. haha this is the beauty of business entities, they just use these entities to get around loopholes and get what they want and call them "Joint ventures" Don't be fooled! UAL owns and controls Commutair and now Xjt. They call the shots and their bestest buddies are along for the ride and hold the majority equity under the entity and some of those members are of Ual interest also. Expect a consolidation of CommutAir and Xjt into 1 entity. Ual MEC and Management clearly state they want all 76 seat and up in-house flown by UAL pilots.... and they will maneuver as necessary in other ways to get that done. Btw, with an LLC.. you can do anything you want with your operating agreement... i own 2 LLC's that hold apartments and my investors have majority equity, but i control the company as per operating agreement...

 

Will be interesting to see if our EJETs get extended. Not keeping my hopes up.

 

You are so wrong. Can you even read the SkyWest press release?

 

Why would they cancel the 175 contract. I thought yall were pretty reliable now on the 175.

 

Stock price at today's close of $9.14 is down 42.33% from its high of $15.85 on 9/5/18, down 23.83% down from the IPO of $12.00; and, 23.19% lower than it was last Thursday.


One of the key strategies involved in this IPO was to limit the number of outstanding, or floating shares to the general public.


That is, go public without actually going "public" ~ Mesa's stock is held 71.34% by Institutions, other entities (AA), and hedge funds, and 3.77% is held by Insiders, Officers, and Directors, thus leaving only 24.89% of the stock floating in the "market".


This limits the company's exposure to PIA type lawsuits about stock manipulation, insider trading, and the like ~ there is simply not enough stock even available to create this.


However if you want to have some real fun, run the names of your favorite airline executives, DO's, DM's, and other Insiders thru this database: https://www.secform4.com/.

 

They don’t have to cancel. They expire a couple at a time over the next several months starting in June. They can easily be given to XJT who will have their E175 program up and running by then.

 

Anyone know if initial hire e jet courses are still running in the new year?

 

That’s probably what’ll happen.

 

I personally expect UAL to exercise their 2 year option on the CPA for the Ejets and renew the 20 700’s for a short period. However, as we know, UAL hadn’t exercised the extension before Mesa’s quarterly report was filed in December and who really knows.....