XJT & CAL Reach 7 year CPA

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06-05-2008 | 06:15 PM
  #31  
Quote: All depends on fuel, the loads are there, but the GAS is way too high. We are hedged great up until the fall, so then we will not only face very high gas prices when the hedges expire, but the typical FALL slow-down as well, so I think the company will take a very HARD look at where Branded is.............but again its all based on FUEL.
Where do you think XE will get more frames? The PR indicated XE is planning on releasing 39 frames back to CoEx. If Branded were to survive the chopping block, XE would have to ultimately buy/lease new frames.
06-05-2008 | 06:23 PM
  #32  
Quote: Where do you think XE will get more frames? The PR indicated XE is planning on releasing 39 frames back to CoEx. If Branded were to survive the chopping block, XE would have to ultimately buy/lease new frames.
dunno, I doubt they will ever exercise there options for 70 XR's, so I am not sure
06-05-2008 | 06:23 PM
  #33  
Quote: Where do you think XE will get more frames? The PR indicated XE is planning on releasing 39 frames back to CoEx. If Branded were to survive the chopping block, XE would have to ultimately buy/lease new frames.
I think it's a safe bet to say that eventually (maybe 6 months) branded will be gone. It stands to reason that we keep the ventures that are generating revenue. Don't get me wrong, I love branded, I believe it is an excellent product, with really bad timing. So now with all restrictions relaxed, we can focus on the possibilities for growth in the future....enter the options with embraer.
06-05-2008 | 06:25 PM
  #34  
Quote: dunno, I doubt they will ever exercise there options for 70 XR's, so I am not sure
Don't forget those are flexible options, and can be converted to 170/175's. So we'll see.
06-05-2008 | 06:38 PM
  #35  
congrats guys, this is good news for everyone. i know that you will have to cut some costs somewhere but that is business. you have proved that a pilot group can be treated well, with a union, and still continue to win service! i hope pinnacle management takes note and learns a few thing.

and also this is in no way undercutting anyone. if management wanted to make some cuts thats their call. but the pilots haven't taken any cuts to get this flying. good job guys.
06-05-2008 | 06:40 PM
  #36  
XJT has no option other than to close Branded.

The net gain of this agreement is zip at this point. The only thing such an agreement achieved is long term security with CAL. XJT is making less under the new agreement and currently has no flying opportunity outside CAL and DL.

Under the new rates, XJT will be unable to subsidize Branded with the low loads, yields and record fuel prices. There is no shot of Branded staying around.

For what a great service I know it was, it doesn't have a leg to stand on.
06-05-2008 | 06:40 PM
  #37  
Quote: Don't forget those are flexible options, and can be converted to 170/175's. So we'll see.
Does XJT have the options or does CAL, don't you guys lease all your planes from CAL?
06-05-2008 | 06:43 PM
  #38  
Quote: Does XJT have the options or does CAL, don't you guys lease all your planes from CAL?
ExpressJet bought the options from CAL.
06-05-2008 | 06:44 PM
  #39  
I wonder what SkyWest is going to do with their 145 program?
06-05-2008 | 06:47 PM
  #40  
Quote: I'm just really glad that now not only are we going to return to profitability and stability, but we also have an opportunity to grow in the future with other partners....and the best part is we didn't have to sell our contract out for it.

Cheers
am I getting this right. you're glad you didn't lose 51 airplanes to another carrier and hoping to get flying from someone else.
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