Skywest...

All I know is there is a lot of speculation in this thread, but very little facts. We have not heard anything from ExpressJet, Continental or SkyWest management about the current status of merger talks. All we have learned is that our union has declined any further discussion with SkyWest about abrogating our scope clause.

Personally, I think ExpressJet will be just fine. I do predict the closing of our branded flying, some growth in the charter department, maybe a few more airplanes for Delta on the west coast, and some furloughs. We have a lot of work to do at ExpressJet, not only in our business plans but also operationally.

I for one am breathing much easier now that I know my union does not plan to relax scope. Honestly, that has been my only concern. The pilots that came before us fought hard for our scope agreement, and it is essential for avoiding further whipsaw.
 
Hootie said:
Either way some Xjt guys are going to the street unfortunately.
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I don't think that ExpressJet is the only airline that needs to be concerned about sending pilots to the unemployment line. If any regional pilot feels they are immune to the problems that ExpressJet is currently facing, they are very, very sorely mistaken.
 
FlyChicaga said:
I don't think that ExpressJet is the only airline that needs to be concerned about sending pilots to the unemployment line. If any regional pilot feels they are immune to the problems that ExpressJet is currently facing, they are very, very sorely mistaken.
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Very very true. Any of us could be in the same boat in just a couple months. If United went Tango Uniform Skywest would be in a bad position as well. Express Jet isn't in a good situation by any means but it is great to see your Union stood up and did what was right for the pilots.
 
FlyChicaga said:
All I know is there is a lot of speculation in this thread, but very little facts. We have not heard anything from ExpressJet, Continental or SkyWest management about the current status of merger talks. All we have learned is that our union has declined any further discussion with SkyWest about abrogating our scope clause.

Personally, I think ExpressJet will be just fine. I do predict the closing of our branded flying, some growth in the charter department, maybe a few more airplanes for Delta on the west coast, and some furloughs. We have a lot of work to do at ExpressJet, not only in our business plans but also operationally.

I for one am breathing much easier now that I know my union does not plan to relax scope. Honestly, that has been my only concern. The pilots that came before us fought hard for our scope agreement, and it is essential for avoiding further whipsaw.
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The Branded flying is the least of XJT's troubles, IMO.

Close it up and you still have no real money making operation with DL should they elect to not renew the CPA and the current operation is converted to pro-rate flying.

CAL has no desire to deal with XJT management hence, they continue to refuse to accept even a low ball XJT offer and go behind their backs to SKYW to negotiate a new CPA.

The life blood of XJT is CAL. The relationship on an executive level is seriously contaminated. I am not sure if it's just wishful thinking to say "I think ExpressJet will be fine" or if you really believe that.

Chapter 7 is imminent if a merger isn't executed. Although, I don't think CAL wants to deal with XJT in bankruptcy for obvious reasons.

All my opinion of course.
 
So is there some smaller magic number of aircraft doing flying for COA (bigger than zero) that would allow XJT to fly more lucrative markets? I have to believe they'd be doing LAX-SFO instead of ONT-MRY/SMF if there wasn't something preventing that.
 
There are certainly more lucrative markets out there... The issue has always been for us to not directly compete with the larger airlines. We've bucked that rule more than once... and will be doing it again when ONT-SMF pops up... but I think SFO may be biting off more than we can chew when it comes to competing.

Bob
 
Heard some news today from a very reliable source on the line....anyone else heard it too? I dont want to spill the beans first.
 
Nick said:
I can't be a skeptic 'cause you haven't written anything yet. But define very reliable source on the line.
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I dont want to give out details, but you will all find out in the next few days if you havnt already.
 
meritflyer said:
The Branded flying is the least of XJT's troubles, IMO.

Close it up and you still have no real money making operation with DL should they elect to not renew the CPA and the current operation is converted to pro-rate flying.

CAL has no desire to deal with XJT management hence, they continue to refuse to accept even a low ball XJT offer and go behind their backs to SKYW to negotiate a new CPA.

The life blood of XJT is CAL. The relationship on an executive level is seriously contaminated. I am not sure if it's just wishful thinking to say "I think ExpressJet will be fine" or if you really believe that.

Chapter 7 is imminent if a merger isn't executed. Although, I don't think CAL wants to deal with XJT in bankruptcy for obvious reasons.

All my opinion of course.
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The final sentence says it all. Just out of curiosity, what are you basing these opinions on? What you've "heard" in your time at ExpressJet, or the public press releases?

I think you'll find that your opinions of our future is not quite reality. There is so much that goes on behind closed doors that we are not privy to. Remember, I'm just a line pilot here, and you are just a former line pilot here. Neither of us is management, and neither of us is the second coming of Michael Boyd.

Are you trying to rationalize your decision to leave the company?
 
FlyChicaga said:
The final sentence says it all. Just out of curiosity, what are you basing these opinions on? What you've "heard" in your time at ExpressJet, or the public press releases?

I think you'll find that your opinions of our future is not quite reality. There is so much that goes on behind closed doors that we are not privy to. Remember, I'm just a line pilot here, and you are just a former line pilot here. Neither of us is management, and neither of us is the second coming of Michael Boyd.

Are you trying to rationalize your decision to leave the company?
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I'm not trying to speak for Merit, but I believe he's deriving his thoughts from his business background.

I'd like to see some $$$ numbers lease costs per month, crew costs, insurance, ect.

I don't want anyone to lose their job, but it seems from the outside looking in, it would have been smarter to park the airplanes.
 
FlyChicaga said:
The final sentence says it all. Just out of curiosity, what are you basing these opinions on? What you've "heard" in your time at ExpressJet, or the public press releases?
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My opinions are based on SEC filings, analyst research, market opinions, Ream's responses, Kellner's comments, Union comments, Union meetings I took place in in CLE/ONT/LAX, in-depth financial analysts of ExpressJet's financial positions, and SG&A as described only to be transcribed in technical analysis reports. My favorite was recently done by Black Box Investing. It's 20 pages or so examining their profitability, positions, contracts, ect. If you have $25 and a few hours, I'd suggest it. In essence Matt, my opinions are well supported.

FlyChicaga said:
I think you'll find that your opinions of our future is not quite reality. There is so much that goes on behind closed doors that we are not privy to. Remember, I'm just a line pilot here, and you are just a former line pilot here. Neither of us is management, and neither of us is the second coming of Michael Boyd.
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There's no doubt about the sensitive meetings and material. I am involved and have been involved in such meetings and decisions of a very similar nature (although different industry) in many cases. However, don't kid yourself. Much can be derived from the mandatory disclosures with respect to a publicly held company.

As for Michael Boyd? I don't care for him much and find his opinions often lack financial and market research.

FlyChicaga said:
Are you trying to rationalize your decision to leave the company?
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I loved working at Express. I have zero need to "rationalize" my decision for leaving. Financially it made zero sense to stay. If a several hundred thousand dollar job looked you in the face, allowed you to stay at home, be awarded a management position, stock options, and still had time to flight instruct at a great school with some great part 91 and 135 opportunities, I doubt you would've stuck around yourself. Not to mention that I am not willing nor ready to sell my houses, cars, and other items my family has always known.
 
meritflyer said:
I loved working at Express. I have zero need to "rationalize" my decision for leaving. Financially it made zero sense to stay. If a several hundred thousand dollar job looked you in the face, allowed you to stay at home, be awarded a management position, stock options, and still had time to flight instruct at a great school with some great part 91 and 135 opportunities, I doubt you would've stuck around yourself. Not to mention that I am not willing nor ready to sell my houses, cars, and other items my family has always known.
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That paragraph says it all right there. There is ABSOLUTELY nothing wrong with it and if anybody ever needs to see what position you are posting from they just need to read that paragraph.
 
Merit, you're speaking over your head right now yo.

The people you're "arguing" against have a big piece of insider information.

Don't worry, XJT will be fine.
 
Chris_Ford said:
Merit, you're speaking over your head right now yo.

The people you're "arguing" against have a big piece of insider information.

Don't worry, XJT will be fine.
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So is there a new rumor out? I've been home or at the pad so I'm not up to date on my rumors.
 
Chris_Ford said:
Don't worry, XJT will be fine.
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I hope XJT will be fine. I have a good amount of friends there.

Coming from you, this is funny. All I've read is your "doom and gloom" posts about XJT on nearly every aviation website out there.

Not to mention the PM you hit me up with recently for a job referral.

Why the change of heart?
 
triple7 said:
Heard some news today from a very reliable source on the line....anyone else heard it too? I dont want to spill the beans first.
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triple7 said:
I dont want to give out details, but you will all find out in the next few days if you havnt already.
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My suggestion... and it's only a suggestion...

For the benefit of you... your union... and your company...

If you did have any "insider" information... It's best left off of public boards. If there is a pending announcement... then we will all hear it together along with the specific details as to how the announcement came to be, and how it will directly affect our company, and our pilot group. Especially if you heard anything from any member of your MEC/LEC who have signed non-disclosure documents during some very intense negotiations. It's not worth getting them in trouble either.

This is a far better scenario that just throwing out what you've heard form "reliable sources" onto a public forum.

Again... just a suggestion.

Bob
 
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