I think it was an MEC blast mail, but I don't remember. SkyWest had given a presentation that basically said 700 would furlough. And the XJT management gave their presentation that said 300 would furlough.

It wasn't an announce, but "planning" as I understood it. But, heck, the plan could have changed 20 times since then.

 

Saab there are jr. XJT guys on these forums who are hanging on your every post with hopes that they might gain some insight into whether or not they will have a job in 6 months. I hope that your insinuations have a basis in very hard fact because people may be making career decisions based on what they perceive as inside knowledge from you.

 

SkyWest has made a few proposals to the XJT pilot group. I can't really elaborate though.

If anyone is stupid enough to think they can gain insight on these forums and then make career decisions based on that insight they deserve whatever their stupidity gets them...

Even the Jr. guys at XJT have access to their union reps phone numbers and they can call them and give them much for information than Saab has given in all of this posts on every forum combined. Infact Saab is a union rep - if they really want to hear from him they sould call him!

 

My bad, you are right. I meant the whole package when I said, "as high as it's ever been." You don't agree?

 

Press Releases

ExpressJet Continues Review of Strategic Alternatives and Enters Into Negotiations with Continental for a New Capacity Purchase Agreement
HOUSTON, June 2 /PRNewswire-FirstCall/ -- ExpressJet Holdings, Inc. (NYSE: XJT) ("ExpressJet" or the "Company") today announced that it is continuing to explore a full range of strategic and operational alternatives in response to the unsolicited merger proposal from SkyWest, Inc. (Nasdaq: SKYW) ("SkyWest"), as announced by the Company on April 25, 2008. ExpressJet also announced today that the Company has entered into negotiations with Continental Airlines, Inc. (NYSE: CAL) ("Continental") for a new capacity purchase agreement.

On April 25, 2008, ExpressJet announced that it had received from SkyWest a proposal to acquire the Company for $3.50 per share in cash. The offer was non-binding and conditioned upon the completion of due diligence by both SkyWest and Continental, as well as an amendment, satisfactory to SkyWest, to the collective bargaining agreement between ExpressJet and its pilots. Since the delivery of the SkyWest merger proposal, the Company and the Special Committee, composed of independent outside members of ExpressJet's Board of Directors, along with the Special Committee's financial advisors from Goldman, Sachs & Co. and its legal advisors from Abrams & Laster LLP, have devoted considerable time and effort to assist SkyWest and Continental, as well as their financial and legal advisors, in performing their due diligence and to address the other conditions to the SkyWest merger proposal. To date, the conditions set forth in SkyWest's proposal have not been satisfied.

George R. Bravante, Jr., Chairman of the Board of Directors, noted: "The ExpressJet Board and management continue to evaluate all appropriate and necessary actions to enhance value for ExpressJet stockholders in this difficult operating environment. The Board has authorized management to negotiate a new capacity purchase agreement with Continental, as well as to evaluate measures to reposition the current operating plan to address the challenging macroeconomic headwinds that all airlines are facing. We have confidence in management's ability to execute on these directives and in our employees' continuing commitment to provide exceptional service to our customers."

ExpressJet also announced today that, in conjunction with the Company's continuing effort to secure new terms from certain holders of its 4.25% Convertible Notes due 2023, it intends to call a special meeting of stockholders to approve a potential issuance of additional shares of ExpressJet common stock and an amendment to ExpressJet's certificate of incorporation increasing the authorized number of shares of common stock. In connection with the anticipated special meeting of stockholders, ExpressJet filed today a preliminary proxy statement with the Securities and Exchange Commission pursuant to Section 14(a) of the Securities Exchange Act of 1934.

In making today's announcement, ExpressJet cautions its stockholders and others considering trading in its securities that there can be no assurance that any agreement will be executed with Continental, SkyWest or the holders of the ExpressJet convertible notes. The Company does not intend to disclose developments relating to these negotiations unless and until the Board of Directors has approved a specific agreement.

 

Yep, agree 100% with everything all inclusive. But if I was to send you a copy of my ACA contract that was signed in 2001, that "high as it's ever been" wasn't THAT much of a step up. A line holder at ACA NEVER had to deal with things like RA days. *** is that all about? What you are not legal for should get dropped AUTOMATICALLY and you get paid for it. We couldn't pull more than 10 hours duty after a reduced rest period. In IAH, it was all too common to have a 12 hour day on day 4 after a RR overnight, lame.

On the whole, the XJT contract is better. When I was COEX the QOL in our contract was better than ACA, but that had more to do with the capability of CCS, not the contract itself. Being DelCon using CrewTrac, I'd much rather be working under my old contract. It was WAY better for my W-2. I made more in 2000 than in 2005, both first year pay rates. If I can't manipulate my schedule with a couple mouse clicks and have to spend HOURS on hold just to trade a trip, or EVEN pick something up, I'd rather be getting paid more. ACA's had more month to month exploitable soft time than we have at XJT. Way easier to take advantage of and didn't have to work nearly as much for it.