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-   -   Gambling on XJT and their future (https://www.airlinepilotforums.com/regional/28534-gambling-xjt-their-future.html)

Bond 09-14-2008 07:07 PM


Originally Posted by ghilis101 (Post 460842)
well while we wait for this XJT stock thing to get sorted out, is anyone buying FRNTQ? Sounds like theyre going to pull through? What does everyone think, or is the stock about to get re-issued?

I'll let you know after SWA brings their total departures out of Denver to 120!!!!

Bond 09-14-2008 07:18 PM


Originally Posted by ToiletDuck (Post 452098)
- CAL was able to directly control the cost of the regional. That's what this whole ordeal was about. Don't think the man didn't get everything he wanted.

- Doesn't ALPA have it so two ALPA carriers can't be under the same parent company? The list would be forced to be merged?

- This would put CAL right back to where they were before XJT was started.

- No they are not in direct control of their regional cost structure, XJT will continue to adjust it's cost based on multiple factors including management cost, labor cost, equipment (which directly affects the CASM). Again all related to the fact that CAL is subcontracting their feed, and to the scope clause.

- ALPA has no such policy, this is quite possibly one of the most uneducated post I've ever seen.

- You must read up on the history of Continental and Continental Express (before the IPO and the mess with CHQ). Between 1998 and 2001 Continental Express was contributing approximately 37% of the bottom line at CAL. So what exactly do you mean by putting CAL back?

I would venture to guess that you don't want XJT to be purchased back by CAL because you want to go to CAL. Buying us back would assure that folks outside XJT (other regionals) would not see the inside of a mainline aircraft for many years.

ToiletDuck 09-14-2008 07:50 PM


Originally Posted by Bond (Post 461663)
- No they are not in direct control of their regional cost structure

Are you joking? Why do you think XJT is needing concessions? CAL named the price and XJT had no real choice but to take it. By making XJT take the deal they set the standard for the rest of their regional feed. How much more obvious circumstances do you need?

Bond 09-14-2008 08:10 PM


Originally Posted by ToiletDuck (Post 461680)
Are you joking? Why do you think XJT is needing concessions? CAL named the price and XJT had no real choice but to take it. By making XJT take the deal they set the standard for the rest of their regional feed. How much more obvious circumstances do you need?

Once again, you're not seeing the forest from the trees! CAL does not control our executive structure or compensation, CAL does not control our labor cost, and they certainly do not control their ability to fly anything over 50 seat jets which directly affects their CASM. They indirectly affect all of the above by means of the CPA. If they owned us, they would have direct control over all of the above.

It's very obvious, and you're very transparent in the fact that you don't want this deal to happen because of your desire to go to CAL. It's a shame really, it would be a great thing for the profession and for both companies.

DeadHead 09-15-2008 04:04 AM

What do you guys think the prospects are of ExpressJet making it to $1.00 sometime over the next year or so?
Been playing around with the idea of getting some stock, I ask cause it would be a great short term investment?

flyingkangaroo 09-15-2008 09:01 AM


Originally Posted by ExperimentalAB (Post 460830)
Not that they are still paying for any fuel...

They were for some of the quarter man.

dojetdriver 09-15-2008 02:35 PM


Originally Posted by DeadHead (Post 461765)
What do you guys think the prospects are of ExpressJet making it to $1.00 sometime over the next year or so?
Been playing around with the idea of getting some stock, I ask cause it would be a great short term investment?

Have the guy in your avatar get on his iphone to get the answer.

Roper92 09-15-2008 05:07 PM


Originally Posted by DeadHead (Post 461765)
What do you guys think the prospects are of ExpressJet making it to $1.00 sometime over the next year or so?
Been playing around with the idea of getting some stock, I ask cause it would be a great short term investment?

They are currently looking at doing a 1:10 (a reverse) split, which would raise the price to $2.60 a share. I would definitely stay away from that! There is no guarantee of the reverse split, but it would not be good for the stock, IMHUO.

Nevets 09-15-2008 11:34 PM


Originally Posted by MatchPoint (Post 460500)
How's the concession negotiating going?

Still negotiating.


Originally Posted by ToiletDuck (Post 461680)
Why do you think XJT is needing concessions? CAL named the price and XJT had no real choice but to take it. By making XJT take the deal they set the standard for the rest of their regional feed. How much more obvious circumstances do you need?

Just to set the record straight, it wasn't CAL who named the price. It was SKW who named the price and XJT was forced to accept it or lose all the CAL flying.;)

tpersuit 09-16-2008 12:01 AM

nevermind...


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