Skywest tries to buy Expressjet....Rejected
04-25-2008 | 10:08 AM
#31
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04-25-2008 | 10:09 AM
#32
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This was posted by another member on the other Skywest tries to buy Expressjet forum, but I think it sums up the good that could come of this deal.
Regional consolidation (like major airline consolidation) is a good thing for the industry and pilots long term. I hope Skywest is able to get another (higher) bid in that Expressjet accepts. I think Skywest management made a good decision to try and buy Expressjet when their stock price was low. I like management teams that seize opportunity. I don't feel Expressjet pilots have anything to fear being owned by Skywest.
Originally Posted by flyby1206
If SKYW bought XJT then the combined carrier (SKYW+ASA+XJT) would control more than 40% of the regional market. That is some serious pricing power when it comes time for an RFP in the future, regardless of what type of aircraft it will be for.
04-25-2008 | 10:17 AM
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Unless, skywest is willing to operate the Coex side at a potential loss, the rates we're giving CAL cannot get any cheaper, not to metion the fact that CAL already expressed interest in reducing it's regional jet feed...oh and did I forget scope? All of you guys excited about the prospect of flying your "big" regional jets for CAL, yeah well that one's not going to happen either, maybe post merger with United...this is where the plot thickens.
I'm telling you guys this is about 100 options with Embraer, and the possibility to expand, the question is: Is skywest willing to pay premium for it?
04-25-2008 | 10:23 AM
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But yeah, those options would be valuable. But I wonder if SkyWest is willing to lay out the cost of spooling up a EMB program, as well as buy XJT.
04-25-2008 | 10:36 AM
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04-25-2008 | 10:37 AM
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Hate to steal your thunder, and I could be wrong. But it's been brought up on our message board numerous times. I believe the option count is now down to 75.
But yeah, those options would be valuable. But I wonder if SkyWest is willing to lay out the cost of spooling up a EMB program, as well as buy XJT.
But yeah, those options would be valuable. But I wonder if SkyWest is willing to lay out the cost of spooling up a EMB program, as well as buy XJT.
04-25-2008 | 10:39 AM
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