Skywest/asa/xjt...no excuse for not having industry best contract!!

[XPOO]

Straight from CC at SKW:

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Today SkyWest, Inc. confirmed that Atlantic Southeast Airlines has reached an agreement to acquire ExpressJet Holdings, Inc.

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the intent is to merge ExpressJet Airlines with Atlantic Southeast.

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In conjunction with the acquisition, a new long-term flying contract with Continental Airlines has been negotiated.

 

[johnpeace]

Point being it seems that it is going to have to be battled out in court?

What are you talking about?

'Battled out in court'? What battle? Over what? Between who?

The definitive merger agreement has been unanimously approved by the SkyWest and ExpressJet boards of directors. The transaction is not subject to financing conditions, but is subject to receipt of certain regulatory approvals, approval of ExpressJet stockholders and other customary conditions. The parties currently anticipate that the transaction will close during the fourth quarter of 2010.

The BOD's of both companies unanimously approve, regulatory approval will be forthcoming...what 'battle' are you anticipating?

 

[CaribPilot]

But all the FI MBA/CEO's said ASA couldn't buy anyone...only INC could...What happened?

LOL....The intelligence on FlightInfo laughable at best. Dunce caps should be frequently distributed to folks who continuously eat their feet.

I am not proud of anyone buying anything at this point....Im just gonna show up and continue to do my job to the best of my abilities...like I promised.....Good luck to us all.

 

[Medeco]

Entertaining to you??? This now affects you my friend. You had better hope they can get a positive outcome.

 

[johnpeace]

Entertaining to you??? This now affects you my friend. You had better hope they can get a positive outcome.

Uh, yeah.

I'll hope for the best.

In the meantime, I don't have any intention of letting the inevitable MEC antics go unappreciated for their comedy value.

As a very junior ASA pilot, this doesn't seem to bode well for me.

 

[Tarzan]

I don't think Express Jet's pilot group contract language 'sealing' scope agreements with Continental are worth...and that language is especially vulnerable now.

Watching the 2 MECs try to work together and trip over their dicks while trying to keep up with management is going to be the most entertaining sideshow of this whole thing.

Walk your junior tail over the office and let em have it then!

 

[johnpeace]

Walk your junior tail over the office and let em have it then!

Not a whole lot of point in that...but I'll enjoy watching bemusedly from the bleachers.

 

[XPOO]

Not a whole lot of point in that...but I'll enjoy watching bemusedly from the bleachers.

Still time to come to SkyWest before the other OTHER announcement.

 

[Data]

Still time to come to SkyWest before the other OTHER announcement.

The Mesa assets to Skywest other, that one?

 

[goahead]

Still time to come to SkyWest before the other OTHER announcement.

Which is????

 

[homerjdispatch]

The Mesa assets to Skywest other, that one?

Yes, along with the US Air flying...

 

[XPOO]

Yes, along with the US Air flying...

You said it, not me.

 

[JoeMerchant]

Why are people so proud to say ASA is buying ExpressJet? Just because some people said that couldn't happen? Seems that the decision to "let" ASA buy ExpressJet was made try to avoid combining lists!! This is not a good thing people. I would feel better about 7,000 over 4,000 strong!! Point being it seems that it is going to have to be battled out in court?

Nothing to "battle out"... Atlantic Southeast Airlines bought XJT, not Inc. Don't try outsmarting Jerry...you will lo(o)se that battle.

This is good for all of us, and let's work together to make it successful.

 

[Medeco]

Ditto to what Joe said above.

We have a choice on how this proceeds

 

[johnpeace]

Hoping for the best here, definitely this has the potential to work out really well for all of us.