Another ExpressJet Question

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12-14-2006, 09:23 PM

#11

ToiletDuck

Che Guevara

Joined APC: Aug 2005

Posts: 6,408

Quote:

Originally Posted by Blkflyer

Expressjet has a plan I am sure if they told the world it could affect stock prices and such.. I must say tho it seems as if everyone at express is Very Happy and that says alot for a company

Higher Prozac intake than the other guys?

12-14-2006, 09:53 PM

#12

U-I pilot

Gets Weekends Off

Joined APC: Oct 2005

Position: EMB135BJ SIC

Posts: 205

Quote:

Originally Posted by ToiletDuck

Higher Prozac intake than the other guys?

Not at all.

We have great captain attrition. A healthy contract that was just extended giving pilots and management some stability for years to come.

No one knows what is coming, all I can tell you is that hiring has been steadily INCREASING over the last months. The question is why???

-Has attrition increased? Maybe marginally.
-Has amount of aircraft increased? No
-Has block hours increased on aircraft we operate for CAL? Yes
-Will aircraft removed from CAL service be flying for XJT in Q1 '07? Yes...lines are already out.

What has caused us to go from 64 new hires per month to over 100 for Jan and beyond??? Your guess is as good as mine....

Just stating facts from the very busy training center.

12-14-2006, 10:36 PM

#13

fosters

Gets Weekends Off

Joined APC: Nov 2005

Posts: 1,425

Quote:

Originally Posted by Blkflyer

Expressjet has a plan I am sure if they told the world it could affect stock prices and such.

Yes it would effect stock prices. Their stock is down 20% since CAL gave notice and down 50% from its all time high.

12-14-2006, 11:44 PM

#14

GT4JB96

Line Holder

Joined APC: Oct 2006

Posts: 64

stock

Quote:

Originally Posted by fosters

Yes it would effect stock prices. Their stock is down 20% since CAL gave notice and down 50% from its all time high.

what airline isn't down 40-50% from their all time high right now??? you need to look at the most resent trend.

XJT's stock closed at 8.71 that is the highest price it has been in 2006. it has almost doubled since Jun/Jul '06. I personaly feel that there is alot of stuff in the works with XJT and i feel they will make the most out of this.

so yes it is effecting the stock prices. in a good way.

Last edited by GT4JB96; 12-14-2006 at 11:51 PM.

12-15-2006, 05:33 AM

#15

fosters

Gets Weekends Off

Joined APC: Nov 2005

Posts: 1,425

Quote:

Originally Posted by GT4JB96

what airline isn't down 40-50% from their all time high right now??? you need to look at the most resent trend.

Yes that is true. I was discounting 9/11 and looking at when XJT went public since 2003. That was the time frame I was looking at. Remember XJT wasn't around for 9/11, so why compare where the other airlines were prior to 9/11? I'm talking a 3-5 year trend here.

Quote:

XJT's stock closed at 8.71 that is the highest price it has been in 2006. it has almost doubled since Jun/Jul '06. ... in a good way.

Well if that's how you feel, that's how you feel. I don't see it that way, and I don't believe wall street does either. You're looking at a 6-month trend while I am looking at a longer term trend. Wall street/investors didn't like the CAL RFP results.

12-15-2006, 05:36 AM

#16

David Watts

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Joined APC: May 2006

Position: 737 FO

Posts: 255

Quote:

Originally Posted by stanrhintx

Does anyone know the last time ExpressJet furloughed pilots, how many and for how long?

We furloughed after 9/11 only because CAL sent all their pilots down to us. It was part of the flow threw agreement that was canceled by CAL in June of 01 and then it was set back up after 9/11 ( thank you ALPA ) so that the CAL pilots could come back to Express and have jobs. Our pilots were on furlough for about 2 years.

Hopefully we will start furloughing again early next year to make everyone at the other regionals happy. It would greatly help everyone elses contracts if we go the same path as Comair and Masaba.

12-15-2006, 05:44 AM

#17

David Watts

Gets Weekends Off

Joined APC: May 2006

Position: 737 FO

Posts: 255

Quote:

Originally Posted by fosters

You have to remember that CAL created a fake company in 2002. That company was, is, Express Jet. We were gaurenteed all kinds of profits, we were the only airline allowed to fly as CAL regional airline, and we didn't have to pay for gas. ExpressJet could never have a loss financially per the rules set up by CAL when we were IPO'd. So the stock could be sold for more than is possible now. After CAL made tons of money off of the sale of our stock ( which they funded there pilots pensions with ) they have slowly changed all of the rules which from when we were started. So obviously our stock is going to be down and I will imagine it will continue to go down, though it has roughly been the same for 3 years now give or take 2 dollars.

As a former Pan Am pilot told never buy airline stock it is all worhtless.

12-15-2006, 06:04 AM

#18

fosters

Gets Weekends Off

Joined APC: Nov 2005

Posts: 1,425

Quote:

Originally Posted by David Watts

ExpressJet could never have a loss financially per the rules set up by CAL when we were IPO'd. So the stock could be sold for more than is possible now.

Exactly, this is all I am saying. The value of the company has gone down in investors eyes. People are trying to fight it on here, but it's just the way it is.

Quote:

As a former Pan Am pilot told never buy airline stock it is all worhtless.

Eastshore Holdings, the investment arm of AWAC, has made about half a billion on LCC in the past year. Not bad.

12-15-2006, 06:09 AM

#19

David Watts

Gets Weekends Off

Joined APC: May 2006

Position: 737 FO

Posts: 255

Quote:

Originally Posted by fosters

Eastshore Holdings, the investment arm of AWAC, has made about half a billion on LCC in the past year. Not bad.

So I guess you guys are due for a huge raise soon. You guys better raise the bar and put it really high.

But don't forget all good things come to an end. ( Pan Am, Eastern, United, Delta, AWAC?)