Good, hope they get a flow. I think half of SkyWest would jump ship over to ExpressJet if that ever happened.

 

If the price is right.... after all, XJT has been losing money like crazy. An elegant way to get out of it for INC. I bet that UA will take a minority share with INC still owning the rest and some sweet earn out for INC if and when certain performance metrics are met.

It also remains to be seen what the deal will look like. The UA stake at C5 doesn't seem to work any wonders.

 

By being the employer of choice of course! You just need some Kool-aid

 

Inc. is the publicly traded entity so UAL cannot be a minority share holder in express jet without being a minority in all that is INC.

It would actually make sense for United being that commutair needs all the help it can get.
It would have made more sense a couple of months ago before Inc inked deals to fly for American.

 

1%
......

 

Interesting report on Bloomberg this morning;

https://www.bloomberg.com/news/artic...ine-expressjet

 

SkyWest purchased them to get a foot in the door at Continental. I really think they had NO IDEA that United was buying them.

 

It was one of a small handful of obvious industry merger/acquisition moves at the time. Didn't come as a big surprise to anyone.

 

Sure, consolidation was in the air. But don’t forget, before Continental swooped in, there was a deal for us Air and UAL to merge. So it wasn’t obvious that continental was going to merge with anyone anytime soon. And when UAL cal did merge, Skywest originally tried to buy xjt in 2008 before the first big merger, delta northwest.

The reason was twofold. To become an incumbent with Continental. BR said it’s easier to negotiate once you already have a cpa than it is to get a new one. And the other reason was to get rid of a big competitor. At the time, xjt had discussions with American (they hadn’t figured out the mechanics’ scope work around yet), talked to delta after they got rid of mesa’s 145 flying and ended up getting some of their flying in LAX, they had a new cpa with UAL, and was in the final stages of negotiating one with Us Air for flying in phx, which Skywest put a squash on when the purchase was announced.


It’s just a very conservative guess when taking other recent pilot groups who unionized, like JetBlue and virgin America. It can very well be less than that, especially if there is a good working relationship with management as Skywest seems to have. How long do you think it would take?

 

I'm guessing it would take less time then the five year 1% stinker deal we have now.