FYI: XJT Loses Money

[Superpilot92]

Yep, we can all look forward to more low-ball bidding and "we can do it at cost-" contracts as xjet scrambles to stop the hemorrhaging. Welcome aboard lowest bidder airlines!

Please share you coveted information about XJT flying for at cost or low balling bids? If you cant your a moron for even posting such crap.

 

[Superpilot92]

Alright, I'll clarify myself one more time and then I'll let it be. If you need to further flame me or chuck spears, by all means go ahead.

I strictly posted this as FACTUAL data I got from a factual source about the current situation at XJT. I have no feelings either way towards them - I've never worked for them nor will I ever. I simply posted what is going on with their revenues. While I see your emotions of animosity, envy, or whatever it may be are getting the best of you and are aimed toward me, I simply stated in my first post the actual facts with absolutely no commentary or opinion from myself - nothing more, nothing less. People have posted numerous times on here airlines' current state in the industry - whether it be good or bad...and I was doing no different.

I know in the past people like CaptainOvers and Pocono Pilot have thrown numerous, unsolicited jabs towards CAL with no reasoning. I don't care about them, in all honesty I think they're way amatuer and extremely sophmoric. I'm content at CAL - and if they're content (along with yourself at XJT) by all means keep on working there.

This post was strictly a factual representation of the current standings at XJT. You can choose to deal with it in whichever manner you see fit.

I'm done here.

I just find it odd that you say you couldn't care either way about XJT, yet you went out of your way to post on the financials? I am going to guess you get bent out of shape about Pocono Pilot and just thought you would flame xjt. (in a mature way) Thanks for the information.

In all seriousness though, XJT and CAL are both good companies and lets hope the best for both. I do.

 

[Captain Morgan]

Scrapdog: You said that you would never work at XJT. How can you be so sure? This isn't the military. When Sept. 11 occured it happened that some CAL furloughees sought refuge at XJT. That was nice of XJT to allow that. I'm sure that many of those guys said that they would never work for a regional too. Don't ever be sure of anything in this business and have a gyro from the employees cafe in Newark. It's been a while and I miss those so much!

CM

 

[rjacobs]

have a gyro from the employees cafe in Newark. It's been a while and I miss those so much!

Ill have to try that next week. Sounds better than the meat lovers omlet or chicken parm sandwhich

 

[Superpilot92]

Scrapdog: You said that you would never work at XJT. How can you be so sure? This isn't the military. When Sept. 11 occured it happened that some CAL furloughees sought refuge at XJT. That was nice of XJT to allow that. I'm sure that many of those guys said that they would never work for a regional too. Don't ever be sure of anything in this business and have a gyro from the employees cafe in Newark. It's been a while and I miss those so much!

CM

They have Gyros there????? Damn, I didnt know that i love gyros! To bad i dont fly to EWR anymore or i would be all over that.

 

[Scrapdog]

Scrapdog: You said that you would never work at XJT. How can you be so sure? This isn't the military. When Sept. 11 occured it happened that some CAL furloughees sought refuge at XJT. That was nice of XJT to allow that. I'm sure that many of those guys said that they would never work for a regional too. Don't ever be sure of anything in this business and have a gyro from the employees cafe in Newark. It's been a while and I miss those so much!

CM

CM - I'll try the gyro one of these days! And no, I won't work for XJT. If a horrible act like 9/11 hit again, I'd be on military orders for a few years I'm sure, and it wouldn't be because of my choosing.

Best of luck - SD

 

[Superpilot92]

CM - I'll try the gyro one of these days! And no, I won't work for XJT. If a horrible act like 9/11 hit again, I'd be on military orders for a few years I'm sure, and it wouldn't be because of my choosing.

Best of luck - SD

Why not? Is it because you would be called to the military or you are just above flying for a "Regional'? Honest question

 

[BigMeat]

Scrapdog: You said that you would never work at XJT. How can you be so sure? This isn't the military. When Sept. 11 occured it happened that some CAL furloughees sought refuge at XJT. That was nice of XJT to allow that.

CM

They did not allow that. It was a negotiated flow through which many took advantage of and also a flow back. It was predetermined before 9/11.

 

[Captain Morgan]

Yeah, you might be right about that detail. I do remember though that some CAL pilots came to XJT and probably weren't to happy, but they had a flying job. I guess my original point was to not be sure of anything in this industry. Usually stating that something WILL or WILL NOT happen sends the "aviation gods" into fits.

CM

 

[SMOE]

Why not? Is it because you would be called to the military or you are just above flying for a "Regional'? Honest question

Judging by his profile, I'd go with the second part of your question...

 

[BigShotXJTdrvr]

We're doing fine. XJT didn't "lose" money. We paid for things that cost money when starting an entirely new line of service:

Airplane paint jobs, XM radio installations, operating weight increase mods for the LRs, new ops offices, hundreds of new employees and their training, advertising, GSE of all types, internal and public IT infrastructure, pilot moving expenses (paid for under our low-ball contract when a pilot moves to a newly opened domicile) etc, etc....

When Mesa loses $24 million what do they have to show for it? A lot less money in the bank I would guess.

In fact, I just bought stock for the first time when it hit $4.25 last week, and as a rule I don't buy airline stocks. I think it may double from that by the time Q4 earnings come out in January. I'm just a pilot here, but things appear to be going according to plan or better.

 

[Scrapdog]

Why not? Is it because you would be called to the military or you are just above flying for a "Regional'? Honest question

Called to the military. Honest answer

 

[rjacobs]

, GSE of all types, internal

The rest of everything is true, it wasnt really a loss it was paying for stuff, but the GSE equipment we bought a few years ago when Indy went under. I had a nice talk with the head ramp services guy in CLE who went and bought all the stuff, said he was from an undisclosed airline. 3 deice trucks for 50k, 50 sets of stairs, 50 pushback tugs, 50 GPU's, stuff like that. He said it may have been the most fun hes ever had working at XJT, just seeing the looks on peoples faces as he bought huge lots of stuff for a secret airline. So for those of you who thought this was a plan that was come up with in 6 months, this thing has been years in the making.

 

[paid4training]

CM - I'll try the gyro one of these days! And no, I won't work for XJT. If a horrible act like 9/11 hit again, I'd be on military orders for a few years I'm sure, and it wouldn't be because of my choosing.

Best of luck - SD

Wow!!! Looking at your profile it says F-22 ANG...how did the Guard get those expensive airplanes soooo quickly!!!?????

 

[Scrapdog]

Wow!!! Looking at your profile it says F-22 ANG...how did the Guard get those expensive airplanes soooo quickly!!!?????

A little luck never hurt anyone right??

In all honesty, based on the BRAC results from '05, the guard relinquished their F-16's early in exchange for becomming a tenant unit with an AD wing.