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Ever since CAL sold of XJT the "they are going to buy us back rumor" has been going around. The only reason it could make sense would be to get around the scope limit, the annoucement was supposed to take place a few days ago..........it ain't happening.
Never going to happen. The big question would be why? And second I think the SEC would have something to say seeing as they sold them at a profit and then set the price of their CPA which drove the price of their stock and now wants to buy them at a discount.
BTW this rumor is only going around XJT not CAL.
I see good things never die. That rumor was around back in the mid 90's when I was there.
:beer:
That's funny. I jumpseat on CAL all the time from
St. Louis and CAL guys seem to talk about it as well.
If it did happen it would be a staple, period. I doubt it will happen though as CAL can fly 70-90 seat jets without purchasing XJT and their pilots.
IAHERJ
If it ever did happen, it would be a staple. I could care less if we merge, but it'll be a staple. It would give me job security and give XJT guys career progression. Other than that....keep dreaming.
If it ever did happen, it would be a staple. I could care less if we merge, but it'll be a staple. It would give me job security and give XJT guys career progression. Other than that....keep dreaming.
Would not a merger have a different seniority integration than a buyout per the ALPA bylaws? Regardless, this is nothing more than a rumor anyways, I too firmly believe that it will not happen it does not make financial sense for CAL.
All the ALPA merger policy is a guideline and if the two sides cannot come to an agreement then it goes to Arbitration.
The last two arbitrations went with relative seniority with a heavy weighting on same type of aircraft. ie Widebodies, narrow bodies.
What like airplanes do XJT and CAL have in common. None.
Your right this is a baseless rumor that will never happen, and if CAL wants to get larger RJ's all they have to do is merger with UAL which still may happen.
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they were the same company....Continental owned continental express (as it was called back then)...geessss!!!
Hey pilots. Wouldn't it be an oppertunity to reverse the trend, take back all the flying that has been outsourced? Only Continental pilots flying Continental flights?