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Old 06-05-2008, 04:11 PM
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Default XJT & CAL Reach 7 year CPA

Hot off the press and will hopefully put some of the threads below this one to rest. It pays to keep the faith sometimes gents.

http://stocks.usatoday.com/custom/us...A1FAE28533E%7D
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Old 06-05-2008, 04:13 PM
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Definitely good news !
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Old 06-05-2008, 04:14 PM
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I'll be the first to say, "Congratulations guys!" Keep up the good work. Good to hear good news!
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Old 06-05-2008, 04:15 PM
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Most Favored Nation clause is gone too. This is better news than we could have hoped for.
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Old 06-05-2008, 04:20 PM
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Originally Posted by blastoff
Most Favored Nation clause is gone too. This is better news than we could have hoped for.
Bingo! Those 70 options in the bank just got valuable. Let's hope we can strike some deals in the months to come to make up for the 30+ that are leaving the fleet.
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Old 06-05-2008, 04:22 PM
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Great news. This is fantastic - a nice break from all the doom n' gloom of late.
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Old 06-05-2008, 04:23 PM
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Congrats to ExpressJet!!!
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Old 06-05-2008, 04:27 PM
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HOUSTON, June 5, 2008 /PRNewswire-FirstCall via COMTEX/ -- Continental Airlines [CAL] today announced that it has reached a new seven-year capacity purchase agreement with ExpressJet Airlines, Inc. to provide regional jet service for Continental Airlines "at rates that are lower than rates under its current agreement and more competitive" with those offered by other regional service providers. The new agreement is effective July 1, 2008.

Does this mean lower pay for XJT pilots????????????
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Old 06-05-2008, 04:30 PM
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Thank goodness and congrats to the ExpressJet guys/gals from a Skywester! This is good news for not only you but all regionals out there!
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Old 06-05-2008, 04:30 PM
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Congrats Guys! Are you hiring?
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