XJT's "big annoucement"!!!!

[kngarthur]

http://biz.yahoo.com/rb/061108/airlines_expressjet_earns.html?.v=1


Reuters
ExpressJet profit slip on expenses, lags view
Wednesday November 8, 7:57 am ET
NEW YORK (Reuters) - ExpressJet Holdings Inc. (NYSE:XJT - News), which provides regional service for Continental Airlines (NYSE:CAL - News), posted a lower-than-expected net profit on Wednesday, hurt by higher expenses.
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The feeder airline said net profit fell 11 percent to $22.7 million, or 38 cents per share, from $25.5 million, or 43 cents per share, a year earlier.
Wall Street analysts, on average, were expecting 42 cents per share, according to Reuters Estimates.
Last May, ExpressJet said it would hold on to 69 regional jets after Continental canceled a capacity purchase agreement. That decision left the company searching for new business ventures for the planes.
ExpressJet said it would add five of those freed up aircraft to its Corporate Aviation business, bringing the fleet in that unit up to 15.
Operating revenue rose 8.8 percent to $428.6 million, helped by fuller planes. Load factor, the measure of how full flights are, rose 1.5 points to 78.1 percent.
Operating margin fell to 8.1 percent from 9.6 percent. The company rebated $2.6 million back to Continental to meet its contractual operating margin of 10 percent.
It said it also incurred additional costs related to its diversification, back-office infrastructure and headquarters relocation.
(Additional reporting by Christopher Kaufman)

 

[BankAccount=0$]

Hi toolbox, I'll bite on the obvious flamebait just for the sake of making you look like the horsesass that you are. Our management didn't really say a whole lot to the Wall Street folks other than charter flying was looking way better than expected, and that offshore flying with a 50 seater was not going to work givin the current marketplace. With that said our CEO also said that we are going to pursue BRANDED flying for ourselves in the first to second quarter of 2007. This means that there is a very real possibility that the "jetlink kids" are going to be flying for their own airline and not just be a contractor to some major.

So kngarthur, I ask you this, is your employer doing anything to insulate you from the lousy business of being a feeder to some major airline?? Probably not since the reverend is so smitten with being the lowest cost provider of 70 seat airframes to the bankrupt majors. All to soon you will be too expensive for the masters under which you serve. When that happens are you willing to give up your pay or work rules to fly your mighty EMB-170's.....I would like to think the answer is no, but I'm not so sure that is the case.

At the end of the day we are all just whores to the major who's colors we fly under, but there should be some parity amongst all of the contractors when it comes to just how little we will do this job for. I have all the respect in the world for the Trans States guys, they had a sh#Tsandwich rammed down their throats, yet they didn't cave in. That is a true sign that there is still hope for the regionals.................

 

[mynameisjim]

Operating revenue rose 8.8 percent to $428.6 million, helped by fuller planes. Load factor, the measure of how full flights are, rose 1.5 points to 78.1 percent.

I didn't know that XJT gets paid based on the number of passengers. I thought everybody was per departure.

 

[D.sanchez]

The company rebated $2.6 million back to Continental to meet its contractual operating margin of 10 percent

XJT made so much money they had to give money back to CAL under their agreement. The expenses the article makes so much hype about were relocation expenses related to moving thier HQ and the money they're spending on infrastructure for their branded flying operation.

 

[MRYFLYER]

www.flyi.com

I think branded flying in RJ's is a great idea. You guys are really thinking outside the box and will most likely be a huge success.

The best thing for you to do is to get away from your major partner and run a solo operation. The RJ is optimum for making money as a stand alone.

http://www.airliners.net/open.file/1126781/L/
http://www.airliners.net/open.file/1117112/L/


Just imagine this photo with 145's
http://www.airliners.net/open.file/1003415/M/

 

[~~~^~~~]

What a jerk.

Good luck to you guys. It seems like everyone is stuck in their own version of an RFP hell. SkyWest, MESA and Chautauqua guys are not immune to this market force forever. We are all in this together - or at least until ALPA figures out that small jet pilots need equal access to scope.

 

[michael707767]

What a jerk.

Good luck to you guys. It seems like everyone is stuck in their own version of an RFP hell. SkyWest, MESA and Chautauqua guys are not immune to this market force forever. We are all in this together - or at least until ALPA figures out that small jet pilots need equal access to scope.

tell me, since almost no small jet pilots fly aircraft under their own code, what would your scope say?

 

[CA1900]

tell me, since almost no small jet pilots fly aircraft under their own code, what would your scope say?

I believe it would sound something like this:

http://media.putfile.com/Mine-all-mine

:0

 

[Captain Morgan]

MRYFLYER: What a childish way to pose a question. michael707767: No scabs... and I smell a scab!

 

[michael707767]

michael707767: No scabs... and I smell a scab!

what??

 

[Captain Morgan]

Seeing that you are a former military pilot, you might not know the history of Continental Airlines and Continental Express. Do some searches and you'll find some interesting information. BTW, as far as scope goes, don't relax any. The ERJ's should've been at CAL in the first place. We should still be flying turboprops, we all wouldn't be in the mess we're in now. Fly safe!

 

[AvroGuy]

michael707767, you need a better "fatkid" avatar. Mine is a little better but I also need a better avatar

 

[Axel]

I believe it would sound something like this:

http://media.putfile.com/Mine-all-mine

:0

Or this:http://www.aquilaonline.co.za/images/sounds/demands.mp3

 

[~~~^~~~]

tell me, since almost no small jet pilots fly aircraft under their own code, what would your scope say?

Delta negotiated with SkyWest during the asset purchase agreement that ASA would perform no less than 80% of the Connection flying out of ATL. That is a start.

All CO Express flying performed by COEX is another idea.

What a crappy union lets one MEC negotiate "bargaining credits" for stripping another MEC of its flying and sending that flying out to the lowest bidder.

I don't have the CO numbers, but ALPA's E&FA department gave Delta and their MEC numbers for the savings that could be extracted from ASA and Comair pilots, both through RFP bidding and by negotiating pay rates for Delta pilots on phantom airplanes similar to those operated at DL Connection. ALPA not only is responsible for the race to the bottom, they think it benefits part of their membership.

I gotta go git back on the plantation Masa' and work my RJ so you in the big house can eat your suppa....

 

[MRYFLYER]

Better yet, you could become a (ehem) succesful legacy carrier like this one:

Big difference in the fact that most of those airplanes are back flying the friendly skies. How many airplanes is FLYI filling the airways with?

By the way Bosley how many 400's is SWA flying these days?

 

[dojetdriver]

Big difference in the fact that most of those airplanes are back flying the friendly skies. How many airplanes is FLYI filling the airways with?

By the way Bosley how many 400's is SWA flying these days?



You are a little off. Not all of them are back in the "friendly skies". Yo-nited sold a high number of their 400's after 9/11. Thai Airways got a smoking deal a few of them. UAE got 2 of them as well.

 

[michael707767]

Delta negotiated with SkyWest during the asset purchase agreement that ASA would perform no less than 80% of the Connection flying out of ATL. That is a start...

the ASA pilots still are not promised anything. The agreement between Delta and Skywest has nothing to do with the pilots. Further, if Skywest wanted to shift even more flying to the Skywest side, do you think Delta would have any heartburn with it? If the Skywest deal said the ASA pilots would perform no less than 80% of DCI flying in ATL you would have something.

 

[michael707767]

michael707767, you need a better "fatkid" avatar. Mine is a little better but I also need a better avatar

Nah, the E-3 looks better without the cheeks and chin. Handles better without em too.

 

[CA1900]

Or this:http://www.aquilaonline.co.za/images/sounds/demands.mp3

HA! Brilliant!

 

[SMOE]

Nah, the E-3 looks better without the cheeks and chin. Handles better without em too.

The E-3 handles the best without a load of Goats in the back!!!!!!!!

 

[MRYFLYER]

You are a little off. Not all of them are back in the "friendly skies". Yo-nited sold a high number of their 400's after 9/11. Thai Airways got a smoking deal a few of them. UAE got 2 of them as well.

Did I say ALL. Nope I said MOST and MOST are back. A few were sold but the majority of the 400 fleet was saved.

Back to the XJET issue. If you are a DOJET driver then you are probably ex ACA and can speak first hand of the results of OWN branded flying. That really worked out well for you now didn't it.

 

[dojetdriver]

Did I say ALL. Nope I said MOST and MOST are back. A few were sold but the majority of the 400 fleet was saved.

Back to the XJET issue. If you are a DOJET driver then you are probably ex ACA and can speak first hand of the results of OWN branded flying. That really worked out well for you now didn't it.

Little sensitive about it there, eh chief? Let me guess, you were holding -400 FO right off the bat and now you are bottom gears jerker on the narrow body? And it's a because us pesky former I-Air people drove UAL into ch. 11 isn't it?

1) I wasn't slinging mud at United, just pointing out the FACT that every -400 at UAL prior to 9/11 isn't STILL in service for UAL.

2) If you want to start a fight about I-Air people and lump us all together, good luck. If you are UAL, I could lump you in with ALOT of the not-so-pleasant types I had the pleasure of dealing with while commuting on them.

3) I never flew a United paint job aircraft

4) I never flew an I-Air painted aircraft.

 

[michael707767]

The E-3 handles the best without a load of Goats in the back!!!!!!!!

yes! In fact I used to love flying the 707......no goats and no nav!

 

[TAWS]

Delta negotiated with SkyWest during the asset purchase agreement that ASA would perform no less than 80% of the Connection flying out of ATL. That is a start.


Yeah, and we all know that DAL keeps it's word! Was this pre-BK (I can't remember the timeline) anyway, let's say DAL says to SkyWest, "hey, we want you guys to take all the flying out of SLC (notice the decrease of S5 flying there) and we'll do whatever we want out of ATL - don't worry, your revenue will stay the same, no matter what happens (notice how many crews S5 overnights in ATL nowadays).

Either way, don't kid yourself about agreements made between mngt! They could care less, as long as revenue goes the way they want! All ASA is to SkyWest, is another certificate to play with, should they ever need it! One day, JA will grow tired of ASA and that's where the fun will really start - especially with his group of pilots that are willing to work for one rate, ready to accept upgrades and airframes at your expense!

 

[bailey3083]

Hi toolbox, I'll bite on the obvious flamebait just for the sake of making you look like the horsesass that you are. Our management didn't really say a whole lot to the Wall Street folks other than charter flying was looking way better than expected, and that offshore flying with a 50 seater was not going to work givin the current marketplace. With that said our CEO also said that we are going to pursue BRANDED flying for ourselves in the first to second quarter of 2007. This means that there is a very real possibility that the "jetlink kids" are going to be flying for their own airline and not just be a contractor to some major.

So kngarthur, I ask you this, is your employer doing anything to insulate you from the lousy business of being a feeder to some major airline?? Probably not since the reverend is so smitten with being the lowest cost provider of 70 seat airframes to the bankrupt majors. All to soon you will be too expensive for the masters under which you serve. When that happens are you willing to give up your pay or work rules to fly your mighty EMB-170's.....I would like to think the answer is no, but I'm not so sure that is the case.

At the end of the day we are all just whores to the major who's colors we fly under, but there should be some parity amongst all of the contractors when it comes to just how little we will do this job for. I have all the respect in the world for the Trans States guys, they had a sh#Tsandwich rammed down their throats, yet they didn't cave in. That is a true sign that there is still hope for the regionals.................

I wish you guys the best of luck and hope your management does better then ours did at Independence.

Bailey