low-key
Get on the plane BA!
- Joined
- Aug 25, 2002
- Posts
- 145
HOUSTON (Reuters) - Expressjet Holdings (NYSE: XJT)- In a bold move representatives for Expressjet are currently in talks with Republic Airways holdings (NYSE: RJET) for the acquistion of Chautauqua Airlines a subsididary of Republic. Chautauqua currently operates Embraer regional jets for American, Delta, United and US Airways. Expressjet currently operates a fleet of Embraer's for Conitinental. Talks between the two sides resume tommorrow in Houston and an agreement could be reached as soon as next week.
Interesting stuff, sounds like the CHQ guys are getting sold down the river for the bigger RJ's. A friend told me that Bedford was trying to get out of the 50 seat market, I guess this is his way of how.
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