United Explores Investing in ExpressJet
09-06-2018, 10:02 AM
#21
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Joined APC: Jul 2015
Posts: 859
Originally Posted by Hummel75
Considering XJT is now owned by Skywest, United would have to buy a 40% stake in Skywest. Probably not what they had in mind, unless Skywest is looking to sell XJT outright.
You can't just buy a percentage of a company on the NYSE and ask for what you want. Obviously OO would need to agree to the sale. If that were the case (the only possible way to buy ExpressJet) then SkyWest is free to spin off whatever they want for whatever price they want to. ExpressJet loses money every year for OO so UAL could probably get the company for free by guaranteeing OO some new jets.
09-07-2018, 02:24 AM
#22
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Joined APC: Nov 2010
Posts: 267
Originally Posted by Regularguy
You all need to ask yourselves, why would UAL/CAL holdings invest in this other company?
Why would they put funds at risk when they can pass that risk on to others and just contract the services?
The answer might be the cost of contracting (out sourcing) is far higher than its return. Basically outsourcing the flying loses more money than doing it in house.
Remember these guys are not pilots who get paid to fly airplanes. They make deals, pass funds amongst each other and get big stock bonuses for their efforts. Follow the money!
And who owns ExpressJet? Wow it's SkyWest!
Why would they put funds at risk when they can pass that risk on to others and just contract the services?
The answer might be the cost of contracting (out sourcing) is far higher than its return. Basically outsourcing the flying loses more money than doing it in house.
Remember these guys are not pilots who get paid to fly airplanes. They make deals, pass funds amongst each other and get big stock bonuses for their efforts. Follow the money!
And who owns ExpressJet? Wow it's SkyWest!
Obviously there are current contract languages in place, but that can always be re-negotiated.
09-07-2018, 05:52 AM
#23
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Joined APC: Mar 2005
Posts: 1,888
Originally Posted by McNugent
Buy XJT. The whole dang thing. Rehab, re-fleet and have total operational control. Give these guys a seniority number, give them brand loyalty and a reason to give a flip. Make them feel like they’re part of the United family. Call me crazy, but I think that would be worth it’s weight in gold and the express product would be all the better for it.
Obviously there are current contract languages in place, but that can always be re-negotiated.
Obviously there are current contract languages in place, but that can always be re-negotiated.
09-07-2018, 02:51 PM
#25
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Joined APC: Mar 2005
Posts: 1,888
Originally Posted by FlyingMaryJane
Who the he** are you?? Unless you are in the board rooms, you know nothing! HAHA
We've heard this rumor for years. You're part of the mass delusional movement that keeps passing this on as a fact. The deal is already done.
09-07-2018, 05:27 PM
#26
ORD Prisoner
Joined APC: Feb 2017
Position: A320 FO
Posts: 113
Originally Posted by McNugent
Buy XJT. The whole dang thing. Rehab, re-fleet and have total operational control. Give these guys a seniority number, give them brand loyalty and a reason to give a flip. Make them feel like they’re part of the United family. Call me crazy, but I think that would be worth it’s weight in gold and the express product would be all the better for it.
Obviously there are current contract languages in place, but that can always be re-negotiated.
Obviously there are current contract languages in place, but that can always be re-negotiated.
I agree with the practicality of it. That idea, plus a flow through to American is what led my brother to Piedmont. But his reality like many others at the AA owned carriers is not as rosy. He’s telling me it’s about 6 years for him to get to mainline. Needless to say he doesn’t want to wait and is actively looking at other opportunities.
Now, if you talk about buying XJT and stapling them, then it becomes a whole different concept, one where UAL new hires can be placed into the 145. Then, you can see where the retention of small jet pilots would cease to be an issue. But, the likelihood of this happening has got to be one hell of a long shot.
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09-07-2018, 05:34 PM
#27
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Joined APC: Mar 2005
Posts: 1,888
Originally Posted by ChalupaBatman
I agree with the practicality of it. That idea, plus a flow through to American is what led my brother to Piedmont. But his reality like many others at the AA owned carriers is not as rosy. He’s telling me it’s about 6 years for him to get to mainline. Needless to say he doesn’t want to wait and is actively looking at other opportunities.
Now, if you talk about buying XJT and stapling them, then it becomes a whole different concept, one where UAL new hires can be placed into the 145. Then, you can see where the retention of small jet pilots would cease to be an issue. But, the likelihood of this happening has got to be one hell of a long shot.
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Now, if you talk about buying XJT and stapling them, then it becomes a whole different concept, one where UAL new hires can be placed into the 145. Then, you can see where the retention of small jet pilots would cease to be an issue. But, the likelihood of this happening has got to be one hell of a long shot.
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09-07-2018, 05:38 PM
#28
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Joined APC: Jul 2007
Position: It's still a Guppy, just a bit longer.
Posts: 727
Originally Posted by McNugent
Buy XJT. The whole dang thing. Rehab, re-fleet and have total operational control. Give these guys a seniority number, give them brand loyalty and a reason to give a flip. Make them feel like they’re part of the United family. Call me crazy, but I think that would be worth it’s weight in gold and the express product would be all the better for it.
Obviously there are current contract languages in place, but that can always be re-negotiated.
Obviously there are current contract languages in place, but that can always be re-negotiated.
09-07-2018, 05:49 PM
#29
ORD Prisoner
Joined APC: Feb 2017
Position: A320 FO
Posts: 113
Originally Posted by Blackhawk
Prior military pilots at UAL won’t stand for it. Their former squadron mates wouldn’t be caught dead in a 145.
Why? It’s bigger than any fighter jet
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09-07-2018, 06:38 PM
#30
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Joined APC: Jul 2007
Position: It's still a Guppy, just a bit longer.
Posts: 727
Originally Posted by Blackhawk
Prior military pilots at UAL won’t stand for it. Their former squadron mates wouldn’t be caught dead in a 145.
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