jetcareers - View Single Post - Expressjet (XJT) BUSINESS ANALYSTS forecast

jtrain609 · March 12th, 2008, 11:10

And much UNLIKE FlyI, Express only has 18% of the fleet tied up in branded.

Listen guys, you're not getting it; ExpressJet WILL NOT disapear. We might furlough, and I might end up on the street, I don't think anybody has denied that. But as far as a full on systematic failure and liquidation of the company, that simply isn't possible given the current setup. Maybe half of the fleet will disapear? That's certainly a possibility, but until CAL pulls 100% of their fleet from Express, the company is going nowhere.

Express still has over $200 million in the bank, assured cash coming in and they again only have 18% of the fleet tied up in branded.

Yell and scream FlyI all you want, that's great, it's still not true. I might be out of the job, but I'll assure you that we won't have a liquidation of the company. The board will reduce rates with CAL to maintain that contract and chop the company in two before they write off the entire investment. You guys are looking at things soley from the pilots perspective, not from what the board will do to make things happen in the event of more flying being lost from CAL.

March 12th, 2008, 11:10	#9
jtrain609 Old Skool Join Date: Feb 2002 Location: Park City, UT Posts: 12,322	Re: Expressjet (XJT) BUSINESS ANALYSTS forecast And much UNLIKE FlyI, Express only has 18% of the fleet tied up in branded. Listen guys, you're not getting it; ExpressJet WILL NOT disapear. We might furlough, and I might end up on the street, I don't think anybody has denied that. But as far as a full on systematic failure and liquidation of the company, that simply isn't possible given the current setup. Maybe half of the fleet will disapear? That's certainly a possibility, but until CAL pulls 100% of their fleet from Express, the company is going nowhere. Express still has over $200 million in the bank, assured cash coming in and they again only have 18% of the fleet tied up in branded. Yell and scream FlyI all you want, that's great, it's still not true. I might be out of the job, but I'll assure you that we won't have a liquidation of the company. The board will reduce rates with CAL to maintain that contract and chop the company in two before they write off the entire investment. You guys are looking at things soley from the pilots perspective, not from what the board will do to make things happen in the event of more flying being lost from CAL. __________________