CoEx to keep the 69 erj's

[paid4training]

And Charters are very profitable!!!!!!!

 

[Bad-Andy]

Yeah, I was using 11,000 lbs for a legacy, since he was asking why embraer claims it can go 3000 NM. I'm pretty sure the legacy just holds 5717/side, like the LR's. No ventral tank on the legacy.
Anyway all just estimates.

The Legacy II with A1E engines carries in excess of 18,000 lbs of fuel (depending on fuel density roughlt 18,500 lbs)

Legacy Driver beat me to it. But, he's correct, it holds considerably more than that (11000). Bangor-London or West Coast-Hawaii were no problems for a Legacy. (Albeit a little slow ride, M.74 to London).

Back on topic, I don't think you'll see XJet get very many (if any) Legacies. The production line is slowed way down, and they are switching it over to the Phenom line, with a large order in from Europe this week, and a major order predicted in the next few weeks from a new "taxi" operator. And, the hopes of an EMB190BJ order. It seems the Legacy operators now are very happy with their products, but it hasn't taken off the way they expected it to. (That all straight from an EMB guy about 3 weeks ago)...

 

[hbrow15]

We are already doing 135. I understand that sports teams, mostly college, are a fairly common charter. Other than that I refuse to add to the myths and flames.

And military, I flew to ONT to pick-up 30 Marines coming home from Iraq and take them to La.

 

[ilinipilot]

one thing forgotten in all this is that Cal and COEX signed a new cpa along with the agreement that they will keep the planes. I am sure CAL was not going to leave those negotiations without knowing what is happening to their planes. It gives them more of a heads up to figure out the plans for CHQ, themselves and COEX.
Also, people keep saying that maybe CAL will reduce the number of the express fleet. I do agree they could, but why would you reduce the fleet when the costs of those 69 planes in use, went down 20 percent. you are getting all that feed for 20 percent cheaper. thoughts.

Congrats to the COEXers.

Great thread very mature and informatiive keep up the good work.

D

 

[ilinipilot]

wanted to rate this thread

 

[EMBPLT]

I am glad to see that all the people at Express Jet will be keeping their jobs. Nobody at CHQ was proud to being gaining work at someones loss.

 

[LegacyDriver]

Not a thread hijack, but for minimal investment Embraer has sold (and has commitments for) over 100 Legacy jets. First delivery position isn't available until Q4 2007 or Q1 2008. I'd say they are quite pleased with the results of this airplane.

Embraer's big screwup was dumping their distributor just when the salesmen were getting a handle on things. There would probably be more sold were it not for that hiccup, but things are back on track. I think it will continue to sell for several years down the road...and each one off the line seems better than those before it.

A hundred airframes at 19-23M dollars each--do the math--with minimal investment. That's a success in my book. More popular in Europe than here for various reasons, but seeing more and more in the States every month...

 

[Turkey Shoot]

That is awesome to hear. Congrats XJT guys. Glad to see that flying staying there.

 

[BluDevAv8r]

It will also be interesting to see if CHQ finds some 145's to cover this. Can CAL afford to lose 25% of it's fifty seat feed?

I don't think CAL wanted all 69 of these aircraft to begin with. The 274 total fleet size was decided in late 99 when fuel prices were 1/3 what they are now. RASM's were much higher back then too. This was a great way to get some 50 seat debt off of its books and allow some more room to expand its mainline operation at EWR and IAH. I'm very happy for XJT however. I would hate to see one employee lose their job there.

-Neal

 

[ratherbeflyen]

I don't think CAL wanted all 69 of these aircraft to begin with. The 274 total fleet size was decided in late 99 when fuel prices were 1/3 what they are now.

Does the contract say anything about xjt must have 274? If not why did 2 more show up on property last month if cal doesn't want them?

 

[davessn763]

Not to rock the boat or anything, but what would happen if COEX managment decides to just park the airplanes? ya know, if we can't have them nobody will kinda thing.

Or Lease them to CHQ at a significantly higher rate....

 

[CFIse]

Great news... Good to see im going to keep my job!!!!

I hate to burst your bubble - but they just said they were keeping them, not what they were going to do with them and if they would need the US based pilots to fly them. They didn't say they wouldn't, but they didn't say they would.

Remember - on cheap lease terms their cost structure was too high for Continental. These leases are more expensive, so that isn't going to make them anywhere NEAR the lowest bidder - and that's what you need to be...

 

[CFIse]

I hear there is a point to point "branded" airline in the works. Little birdie visited our class today.

Flying WHERE? You can't compete with Continental - and most other airports aren't big enough for an ERJ. What you going to do, hub it all at South Arkansas Inter-Continental Jet Port and Bait Shop?

Hey - good way to make a small fortune in aviation - hope XJET is starting with a large fortune.....

 

[CFIse]

Not to rock the boat or anything, but what would happen if COEX managment decides to just park the airplanes? ya know, if we can't have them nobody will kinda thing.

XJET gets to make the lease payments on them anyway. Continental would LOVE that - takes 69 planes worth of capacity out of the system AND they get to collect the lease payment. (Note to self, if this happens buy Continental stock).

 

[CFIse]

Or Lease them to CHQ at a significantly higher rate....

THAT ROCKS!

But unlikely.....

 

[Hutchman]

(Note to self, if this happens buy Continental stock).

I think you are a little late. It is already up over 300% in the last year.

 

[captjim]

I think you are a little late. It is already up over 300% in the last year.

Time to update your profile you big bad CAL pilot!

 

[dogtown]

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[CEO silly sap]

Wexford Capital ............M and A

 

[Turtlesfly]

not to just start good rumors - but where did this west coast rumor for United come from (LA I presume since CAL has Mx out there and XJT does red-eyes out of there?) How credible is this rumor?