XJT news
04-16-2008, 09:31 PM
#31
Banned
Joined APC: May 2007
Posts: 698
Seems like a few of you here, though, can drink kool-aid like no other.
Our hiring and training has slowed at a very alarming rate. No telling what the future holds. The difference between some of you guys and the rest of us is that we aren't in denial about what's going on. It's sad to watch really.
Our hiring and training has slowed at a very alarming rate. No telling what the future holds. The difference between some of you guys and the rest of us is that we aren't in denial about what's going on. It's sad to watch really.
04-16-2008, 09:34 PM
#32
Gets Weekends Off
Thread Starter
Joined APC: Feb 2007
Position: Right Seat
Posts: 1,458
I believe the voluntary furloughs and toiletduck's data support my conclusions.
04-16-2008, 09:39 PM
#33
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Joined APC: May 2007
Posts: 698
Again we did not have any furloughs!!
we offered COLA's which the employee retains seniority and longevity. The employee keeps medical and travel benefits.
Why are you out to make XJT look bad?
Do you think my buddy at Mesaba that took COLA this month is furloughed?
Do you think the guys at Horizon that took low hour monthly schedules are furloughed?
Who do you work for?
04-16-2008, 09:45 PM
#34
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Thread Starter
Joined APC: Feb 2007
Position: Right Seat
Posts: 1,458
I don't have anything against XJT. I am just curious whats going on. Some former college classmates of mine that work there seem to be very concerned about their future there.
04-16-2008, 10:05 PM
#36
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Joined APC: May 2007
Posts: 698
Just because you work at XJT, means you really know whats going on. I have to explain our company's shape to CA's and fellow FO's every day. A lot of these guys don't listen to conference calls or follow the company that much and just go off hearsay. I just spoke to my buddy the other day and he had no idea about Mesa possibly going under any day now. He thought we would be the next to go. Most pilots don't read the SEC filings
04-16-2008, 10:10 PM
#38
Banned
Joined APC: May 2007
Posts: 698
ARGHH!!!!
Are you trying to insult us?
I've decided you just say stuff like that to get a rise out of people.
I love how you insult all those pilots out there that actually had to go through a real furlough.
So you think it is really bad for a 1st year FO to take a COLA, retain his seniority and longevity, keep medical benefits and travel benefits and go make MORE MONEY! My buddy is teaching a guy for 1 week instructing and is getting the same amount if he would've worked 1 month at XJT. He still has medical and travel and will come back on year to pay.
Are you trying to insult us?
I've decided you just say stuff like that to get a rise out of people.
I love how you insult all those pilots out there that actually had to go through a real furlough.
So you think it is really bad for a 1st year FO to take a COLA, retain his seniority and longevity, keep medical benefits and travel benefits and go make MORE MONEY! My buddy is teaching a guy for 1 week instructing and is getting the same amount if he would've worked 1 month at XJT. He still has medical and travel and will come back on year to pay.
04-16-2008, 11:13 PM
#40
Gets Weekends Off
Joined APC: Mar 2007
Position: Dreamniner
Posts: 352
As for financial trouble, we are fine. Most of our business is profitable and our March load factor for our Branded flying was 73%, which we either broke even or made a profit. According to our SEC filing we are currently hedged at $2.40/gallon for 70% of our fuel in 2008, on our Branded side, where we pay for our own fuel. I'm not really worried at all.
I have friends at ExpressJet and sincerely hope for the best for them, but I have difficulty sharing your optimism about XEs future. It's impossible to put great significance on the latest load factors without knowing if yields improved or not, and I'm very concerned about what will happen should a significant amount of convertible note holders decide to cash out this August.
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