Most likely XJet would pull back to Houston and Continental would get it's 69 ERJ's back, or more. I hear that they can cancel contracts for another 69 planes next January. That beautiful industry leading contract is a boulder hanging around your neck in the small jet provider sector. You have to ask yourself, "What's in it for SKYW?" What does EXJet have that SKYW might want? An expensive pilot contract? No. A backdoor for ALPA at SKYW? No. Additional flying for DAL at LAX? Yes. An independent branded opperation? Possibly. Another Major partner? Sure. If they can get what they want and insulate themselves from what they don't, wholesale or cheaper, then there might be a deal. Merger? Not likely, just ask ASA. Sorry for providing rational analysis. Mesa sucks, ALPA rules and Ron Paul for President! There is that better?
Cheers
Happy with the contract you work under? I'm sure its substandard and for some really demented reason, you would like to see the failure of a pilot group with a stronger contract. The worst part for you is that you bought into mgt's BS line that your pilot contract would make or break the company.
The reality of the situation is that XJT will survive or fail and there is nothing the pilot contract will do in either case. They pilots get what they negotiated, made the contract enforceable, and have exactly what they deserve. Too bad for you.