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.
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.
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.