JoeyMeatballs

WHAT?? Pick up what flying???? Its not like we can not complete the task, they don't want that flying anymore...............

Our contract was simply the easiest and least expensive one to terminate. We will not be the only regional Delta cuts flying from. Delta still has to pay the leases on the 10 aircraft for another 11 months. This will not change the amount of potential furloughs, just the timing of them, however we do have 115 +/- LAX CA's & 115+/- LAX F/O's that need a new home.

Nothing like getting kicked when your down. This is going to be a tough time for everyone


(Our company was notified of this yesterday afternoon)

ShyGuy

bent over and screwed up the as$, as usual.

DeadHead

Will the CAL contract offset some of this loss? Or is the company losing more flying than its gaining?

CRJDriver

Another thread getting turned into the 'My $hitty airline is better than your $hitty airline' topic...

WAVIT Inbound

Reuters doesn't paint it that way. Notice the bolded text.

NEW YORK (Reuters) - Delta Air Lines Inc (DAL.N: Quote, Profile, Research, Stock Buzz) and ExpressJet Holdings Inc (XJT.N: Quote, Profile, Research, Stock Buzz) said on Thursday they had ended the agreement under which ExpressJet provided Delta with some regional flights.

ExpressJet Delta Connection, chiefly operating out of Los Angeles and Salt Lake City, will cease by September 1, the airlines said.

ExpressJet operates 23 Embraer (EMBR3.SA: Quote, Profile, Research, Stock Buzz) ERJ-145 aircraft for Delta, and will keep those aircraft after September 1. Delta said it plans to award a portion of the routes ExpressJet flies to another, unnamed carrier.
"With the losses we were experiencing from our Delta pro-rate flying combined with our ability to return aircraft to the lessor, this termination of service is in the best interest of our company," said Jim Ream, ExpressJet's Chief Executive, in a statement.

Delta, which is pruning its network as fuel hits record highs, is also planning to terminate similar regional flying contracts with Pinnacle Airlines Corp (PNCL.O: Quote, Profile, Research, Stock Buzz) and a unit of Mesa Air Group Inc (MESA.O: Quote, Profile, Research, Stock Buzz). Both Pinnacle and Mesa are protesting Delta's decision.

(Reporting by Bill Rigby; Editing by Tim Dobbyn)

JoeyMeatballs

Well, if CAL canceled the CPA, like they threatened, I guess this could be considered an "offset", but the fact of the matter is, it was expected to end just 11 months later then it is,

When it rains it pours I guess...........

DeadHead

Regardless, any type of flying loss is a bad one.

Hopefully the government will step in and do something about runaway oil speculation soon. Not sure how much more this industry can take.

Squawk_5543

You guys are arguing for no reason you know.....we are ALL going to be out of a job real soon. Oil is not going down....it's going up. No airline still in business is making money, they are loosing millions a day. How long do you really think we have?

JoeyMeatballs

SWA is...............

The problem there is other airlines try to emulate them (fare wise), yet tthey are not hedged nearly as well..........end result=what you see today, airlines pricing themselves into bankruptcy becuase they are unwilling/unable to pass the cost of fuel on to the pax

DeadHead

Kind of ironic that the only company that can make money is the one that flies rednecks and fat chicks.