What's the Latest at ASA/Expressjet?
#6291
Gets Weekends Off
Joined APC: Oct 2009
Posts: 270
"Too expensive" is subjective. If no one is willing to fund current book, then you are too expensive. I haven't heard anyone throw down the gauntlet yet... It does seem, however, that the rumor mill is churning out that LXJT needs to show up seriously ready to negotiate....and soon.
#6293
Banned
Joined APC: Dec 2007
Position: EMB 145 CPT
Posts: 2,934
Quote:
Originally Posted by antbar01
For the life of me, I cannot understand why ASA guys come on here and try to persuade XJT guys that they are too expensive. To my mind, ASA labor is too cheap. Hell, XJT labor is too cheap! Your pilot group stood up last autumn, guys--it would benefit all of us if you were to stop undermining their achievement by airing your pessimism so publicly.
"Too expensive" is subjective. If no one is willing to fund current book, then you are too expensive. I haven't heard anyone throw down the gauntlet yet... It does seem, however, that the rumor mill is churning out that LXJT needs to show up seriously ready to negotiate....and soon.
Originally Posted by antbar01
For the life of me, I cannot understand why ASA guys come on here and try to persuade XJT guys that they are too expensive. To my mind, ASA labor is too cheap. Hell, XJT labor is too cheap! Your pilot group stood up last autumn, guys--it would benefit all of us if you were to stop undermining their achievement by airing your pessimism so publicly.
"Too expensive" is subjective. If no one is willing to fund current book, then you are too expensive. I haven't heard anyone throw down the gauntlet yet... It does seem, however, that the rumor mill is churning out that LXJT needs to show up seriously ready to negotiate....and soon.
By the way, still ignoring the question.
#6294
I looked this up a did a little light reading. As I am not a lawyer or business savy, I don't really fully understand. What it seems to me though is that the holding company that owned Mesaba didn't go bankrupt, just the Mesaba portion. However, in INCs case, wouldn't declaring ExpressJet bankrupt expose too much? I would have to think that Skywest Airlines would also be considered bankrupt. Maybe not Inc its self, but if all of our money, buisness decisions, aircraft etc come from Skywest Inc and ExpressJet has no real money or does not make business deals of its own, how can it be declared bankrupt without taking too much risk to Inc or Skywest airlines? Can you elaborate?
#6295
In Mesaba's case, didn't Mesaba's Holdings chapter 7/liquidate Big Sky before Chapter 11 with Mesaba?
#6297
Gets Weekends Off
Joined APC: Dec 2007
Posts: 314
There's nothing to negoitiate. The company was planning on pulling the plug anyway. You guys just can't get over it! Mesa and Skywest have the orders. Training in progress. It's over. Done. Get on with your lives.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
#6298
I looked this up a did a little light reading. As I am not a lawyer or business savy, I don't really fully understand. What it seems to me though is that the holding company that owned Mesaba didn't go bankrupt, just the Mesaba portion. However, in INCs case, wouldn't declaring ExpressJet bankrupt expose too much? I would have to think that Skywest Airlines would also be considered bankrupt. Maybe not Inc its self, but if all of our money, buisness decisions, aircraft etc come from Skywest Inc and ExpressJet has no real money or does not make business deals of its own, how can it be declared bankrupt without taking too much risk to Inc or Skywest airlines? Can you elaborate?
#6299
SkyWest Airlines is a subsidiary of SkyWest Inc. just like we are. In the Mesaba bankruptcy, MAIR bankrupted Mesaba, but left the holding company and Big Sky airlines solvent (Big Sky was later liquidated). SKYW, INC could do the same, bankrupting ExpressJet and leaving SKYW and SkyWest Airlines solvent.
#6300
Gets Weekends Off
Joined APC: Mar 2014
Posts: 361
There's nothing to negoitiate. The company was planning on pulling the plug anyway. You guys just can't get over it! Mesa and Skywest have the orders. Training in progress. It's over. Done. Get on with your lives.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
https://www.youtube.com/watch?v=pTifdoKXoxM (language)
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