XJT gets new 7 year CPA with CAL

CapnJimmy said:
OK merit. Whatever you say. I'm sure your intelligent conjecture of "400 pilots on the street" is completely reasoned and certain.
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Isn't it 10 pilots per plane typically? If XJT gives back the 39, as their PR stated they intend to do, and can not find a replacement for the frames assuming their trying, (ie a new CPA) isn't it roughly 400 pilots the company will be heavy on?

Correct me if I am wrong.

CapnJimmy said:
I am standing by for more bad news for XJT that you will invariably grandstand and hyperinflate, while pretending to be sympathetic so you don't come off as a complete and total jerk.
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Why are you acting like XJT is saved because they negotiated a lower rate CPA with CAL? Is that good news for you? Yes. Great news for the pilots. Bad news for any shareholder unless the company streamlines itself.

CapnJimmy said:
Example: Kool Aid. You are utterly clueless aren't you? Seriously, you should really shut up about ExpressJet for a while. You're starting to make a fool of yourself. I understand something about leaving XJT really upset you, but until you get to the real reasons for your distress, your negative emotions are going to continue to bring more unhappiness your way. And god knows, no one here wants to see that.
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The real reasons for my "distress" are people painting a rosier picture than what's at hand.

CapnJimmy said:
Also, whatever 'emotion' you read in my posts is solely a product of your mind, what with its infallable interpretation of reality. My tone is designed to incite emotion in you, not me. Clearly, I have done my job.
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If your purpose here is to incite people getting worked up than you're a useless troll.

As for making me upset? Hardly.

Oh, and "infallable" is actually spelled infallible. ;)
 
meritflyer said:
You drunk on Kool-Aid?

I've said it a billion times genius that I want nothing more than XJT to succeed and continue to be a top-tier regional.

I read to news both good and bad. I don't watch it from the inside as an employee anymore so my news comes from the filings, PR's, and analytical perspective, Jimmy.

As for me leaving, there are plenty of members on this board that know plenty about me and my life so don't dig too deep. I gave XJT a chance but after April 15th and sitting down with my accountants, I burned through way too much of my own cash (outside of my big bucks at XJT), I couldn't do it anymore unless I sold my primary house, defaulted on my second home (outside my home state), wife went to work, son sold lemonade, and bought a bus pass.

Get real. You can either take a look at the financial, analytical, and business data of where XJT is today and draw your own assumptions or you can continue to make your emotional outbursts. As you continue to demonstrate, you'll take the latter of the two.
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Merit, I'm with Jim on this one. This quote really makes me lose a lot credibility in some of your financial analysis. Which, up until now I thought made some sense.

You took a job knowing EXACTLY what the pay was going to be. The whole XJT pay scale is, as you say "public knowledge". However it wasn't until after you took the job you realized you couldn't afford it??

Some thing doesn't add up. Not trying to pick on you, it's just that your tone toward XJT and it's pilots is....well, strange.
 
meritflyer said:
Isn't it 10 pilots per plane typically? If XJT gives back the 39, as their PR stated they intend to do, and can not find a replacement for the frames assuming their trying, (ie a new CPA) isn't it roughly 400 pilots the company will be heavy on?
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Not really. Understaffing right now + colas + attrition = maybe heavy on pilots for a few months


Why are you acting like XJT is saved because they negotiated a lower rate CPA with CAL? Is that good news for you? Yes. Great news for the pilots. Bad news for any shareholder unless the company streamlines itself.
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XJT is saved because of this. It is good for the shareholders. I don't understand why you think it's worse for the shareholders. This is way better than any of the other options on the table:
1) Continue alone with the old CPA, lose 51 planes (51>39)
2) Get bought by SKW and lose LAX flying, etc etc etc. That's been discussed ad nauseum.
 
PositionAndHold said:
You took a job knowing EXACTLY what the pay was going to be. The whole XJT pay scale is, as you say "public knowledge". However it wasn't until after you took the job you realized you couldn't afford it??
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There's nothing weird. I, like you and everyone else, can't put "tone" on the internet. I knew what I was doing.

I loved XJT. Loved the management, pilot group, and overall attitude the union/company had.

I simply wasn't prepared to change my family's lifestyle. There's nothing more, nothing less to it.

As for my "tone" towards XJT, I just don't see this as a cure all - a major step forward, yes but not a fix to the financial problems XJT has.
 
Chris_Ford said:
Not really. Understaffing right now + colas + attrition = maybe heavy on pilots for a few months
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Chris, I hope so. I have too many very good friends flying there that I'd absolutely hate to see them on the street.


Chris_Ford said:
XJT is saved because of this. It is good for the shareholders. I don't understand why you think it's worse for the shareholders. This is way better than any of the other options on the table:
1) Continue alone with the old CPA, lose 51 planes (51>39)
2) Get bought by SKW and lose LAX flying, etc etc etc. That's been discussed ad nauseum.
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How is much lower rates and no immediate change in business plan good for shareholders? The shareholders wanted a buyout which was at a market premium with the current trading price. The market reacted very poorly to XJT's CAL announcement. Why if it was so good? After hours trading, post announcement, sucked along with the opening price.

Just as when XJT announced their Branded schedule would continue through October, the market reacted very poorly since they knew the losses would continue to mount. Hello shorts!

This suggests the losses with the continuation of Branded and oil prices will be in greater than under the higher rates prior.

Just like Wendy's, yes the burger place (if you know their financial history), XJT needs to get back to what they do BEST which is being a regional airline.
 
meritflyer said:
Isn't it 10 pilots per plane typically? If XJT gives back the 39, as their PR stated they intend to do, and can not find a replacement for the frames assuming their trying, (ie a new CPA) isn't it roughly 400 pilots the company will be heavy on?

Correct me if I am wrong.

Why are you acting like XJT is saved because they negotiated a lower rate CPA with CAL? Is that good news for you? Yes. Great news for the pilots. Bad news for any shareholder unless the company streamlines itself.

The real reasons for my "distress" are people painting a rosier picture than what's at hand.

If your purpose here is to incite people getting worked up than you're a useless troll.

As for making me upset? Hardly.
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Merit! Calm down! You're hyperventillating and not making any sense! :tease:
 
meritflyer said:
Just like Wendy's, yes the burger place (if you know their financial history), XJT needs to get back to what they do BEST which is being a regional airline.
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Isn't that what they are doing? Canning branded, getting a CPA that they cant lose 25% of their flying every few years etc.?
 
OldTownPilot said:
Isn't that what they are doing? Canning branded...
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FWIW,

I know everyone likes to speculate... and "work" the numbers... but... nobody is being told that branded is going away... yet.

I may eat crow for this later... but my personal thoughts are that branded will be trimmed down to as small as it needs to in order to survive... servicing the shorter, more profitable routes, until oil stabilizes. Then it will grow again. Most folks won't be too upset that we are leaving their market and won't hold it against us if they are informed on this current state of the airline industry. Then... when we hopefully comeback... they will too. Those were the thoughts I had when I flew our last route from RDU to MCI the other day. It was 96% full and no less than 10 people stopped by the flight deck to tell me how much our airline will be missed on that route. [/koolaidtalk]

Also... for your viewing pleasure:

http://www.adweek.com/aw/creative/best-spots/general/article_display.jsp?creativeId=269679

They haven't been posted on youtube yet... so I couldn't post the vids here... sorry about that. You can see them on www.expressjet.com too.

Bob
 
As long as you aren't too tall, the ERJ is a nice ride. I have to go to ORD this week to start a trip and bought a ticket. I chose the XJT flight because it is sooo much more comfortable than a 737-500 on CAL. Got my single seat side already taken care of. If I got the branded service with the seat, I'd be all over it.
 
I'd love it if Branded sticks around even in today's tough marketplace.

It's twice the airline, twice the service, and twice the product of XE's competitors. If my business travels ever allow me to use it, I am all over it.
 
meritflyer said:
Very true. In essence, XJT has no gain. They've secured a long term contract which is great but it's not growth. Branded will be clsoed. There's nowhere else to get 39 frames.

I hope they can renew with DL and keep the charter busy.
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They could lease Mesa's 145s. They have 36 of them that are about to be not very useful.
 
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