Expressjet announcement today

Cpt Oveur

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time?
Story breaks at close of business today. Sounds like October is when it happens.
 

Captain Morgan

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I hope it's not furloughs. I know it's been said before that they will but I was under the impression it wasn't official yet. I hope it's more flying for you guys.
 

aussieflyboy

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delta closing sept 1st, branded shutting doors sept 2nd. 39 a/c parked. 25% block hour reduction for october. furlough numbers unsure at this point.
 

PCL_128

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Good luck to all at XJT.
 

Superpilot92

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delta closing sept 1st, branded shutting doors sept 2nd. 39 a/c parked. 25% block hour reduction for october. furlough numbers unsure at this point.

is that official news or rumor? I hope its rumor! If not good luck guys!!
 

aussieflyboy

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is that official news or rumor? I hope its rumor! If not good luck guys!!

I'm led to believe the press release is due out later this evening, so until then I guess it's "unofficial".

But it did come right from the horse's mouth. Ream and co. are holding an employee road show this week at all of the bases. The info comes from several text msgs from people at the ontario road show which is currently under way.

It's already common knowledge to just about everybody in the company unfortunately.
 

Alchemy

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It's official

http://biz.yahoo.com/prnews/080708/latu095.html?.v=101

HOUSTON, July 8 /PRNewswire/ -- ExpressJet Airlines announced today that it will suspend flying under several lines of its at-risk flying operations in September 2008. ExpressJet mutually agreed to terminate its agreements with Delta Air Lines effective September 1, 2008 and will cease its branded (XE) commercial passenger flight operations on September 2, 2008. The 39 aircraft currently used in these operations will be among those returned to the lessor no later than June 2009.

I'd like to thank both Jim Ream, and Reverend Bedford for this fantastic news.
 

I_Love_Lamp

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Furloughs are starting in October not September. From the mouth of the CEO, I was at the meeting today. He told us this verbatim, please don't spread misinformation. No number has been discussed either. But the date is definitively October 1st.
 
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