dojetdriver
Well-known member
- Joined
- Oct 29, 2004
- Posts
- 1,998
From the XJT press release today....
"With the losses we were experiencing from our Delta pro-rate flying combined with our ability to return aircraft to the lessor, this termination of service is in the best interest of our company," said Jim Ream, ExpressJet president and chief executive officer.
Jerry would have never done this deal on a "pro-rate" basis....It's a money loser....XJT did it to keep the planes flying that it lost from CAL....better to lose less money with a pro-rate deal with DAL then to park the airplanes....
Jerry doesn't sign money losing deals....XJT low balled the RFP.....
Yep, but the FACT is, when this deal first came out with the initial 10 aircraft, it was a CPA deal ONLY. The pro rate came later, after it was signed.