XJT message board

[Thebadcat1313]

last time bubba, skyworst is buying us and merging us with asa.
Stick to what you know, noodling and sex with your sister.
just to remind people like you, we are larger and have more control.
Enjoy the new uniform colors thanks to exjt, loser.

Taken from Aviation Week publication on Continental's CEO:



Smisek also used the merger to facilitate SkyWest Airlines’ takeover of ExpressJet, an Embraer ERJ operator created to provide most of Continental’s regional feed that has struggled to control costs since Continental sold its majority stake in 2002. In an enlightening Securities and Exchange Commission filing, ExpressJet details how the Continental chief executive brokered a supply contract with SkyWest even as the former Continental subsidiary was rejecting a takeover from its Utah-based rival. He then voiced his concern with ExpressJet’s management about the regional carrier’s economic viability, and his intent to walk away from his capacity purchase agreement with ExpressJet if SkyWest’s offer was not accepted.
Two months later, SkyWest was celebrating its own consolidation success, folding ExpressJet into its Atlantic Southeast Airlines operation, a division it acquired from Delta in 2005. This act gave SkyWest expanded access to the United Continental network, which relies heavily on regional operators to provide domestic feed into its hubs, and catapulted the company from an already strong position to market dominance. And while specific details of SkyWest’s contract with Smisek are unknown, it is widely assumed that the cost and performance conditions will become a template for every new regional contract across the U.S.
The ExpressJet situation also reflects the tenacious side of Smisek’s personality. “What happened was necessary,” he notes. “There were several problems, namely one single type of equipment with one single supplier that had an unsustainable cost structure. ExpressJet was not competitive, and that was not good for Continental. For one, we lease them the aircraft. We had to rely for feed on a contractor who could not price that feed competitively and survive.” Without his intervention, Smisek says, ExpressJet eventually would have collapsed and that would have reverberated across his own network. “It is very hard to wind down an operation and at the same time ramp up another. It is costly and time-consuming,” he explains.

 

[badog]

That is one fugly looking motorcycle.

made only one year, last of the street legal two strokes and one fast little b!tch
go get your learn on

 

[badog]

Taken from Aviation Week publication on Continental's CEO:



Smisek also used the merger to facilitate SkyWest Airlines’ takeover of ExpressJet, an Embraer ERJ operator created to provide most of Continental’s regional feed that has struggled to control costs since Continental sold its majority stake in 2002. In an enlightening Securities and Exchange Commission filing, ExpressJet details how the Continental chief executive brokered a supply contract with SkyWest even as the former Continental subsidiary was rejecting a takeover from its Utah-based rival. He then voiced his concern with ExpressJet’s management about the regional carrier’s economic viability, and his intent to walk away from his capacity purchase agreement with ExpressJet if SkyWest’s offer was not accepted.
Two months later, SkyWest was celebrating its own consolidation success, folding ExpressJet into its Atlantic Southeast Airlines operation, a division it acquired from Delta in 2005. This act gave SkyWest expanded access to the United Continental network, which relies heavily on regional operators to provide domestic feed into its hubs, and catapulted the company from an already strong position to market dominance. And while specific details of SkyWest’s contract with Smisek are unknown, it is widely assumed that the cost and performance conditions will become a template for every new regional contract across the U.S.
The ExpressJet situation also reflects the tenacious side of Smisek’s personality. “What happened was necessary,” he notes. “There were several problems, namely one single type of equipment with one single supplier that had an unsustainable cost structure. ExpressJet was not competitive, and that was not good for Continental. For one, we lease them the aircraft. We had to rely for feed on a contractor who could not price that feed competitively and survive.” Without his intervention, Smisek says, ExpressJet eventually would have collapsed and that would have reverberated across his own network. “It is very hard to wind down an operation and at the same time ramp up another. It is costly and time-consuming,” he explains.

One ceo removed sir,

This all started with larry, jeff was on property when it went down that's all.
One thing is for sure in this business, one company will be top dog for a short while. Soon to be outdone.
Anyone who views a regional airline as the last stop in their career is a fool.

 

[dojetdriver]

Taken from Aviation Week publication on Continental's CEO:



Smisek also used the merger to facilitate SkyWest Airlines’ takeover of ExpressJet, an Embraer ERJ operator created to provide most of Continental’s regional feed that has struggled to control costs since Continental sold its majority stake in 2002.

Struggled to control costs? What's being left out there is that part of the IPO/pump and dump spinoff off was that CAL structured it so XJT would operate on a cost + 10% basis. That was lowered to somewhere aroun 7%. There was never a "cost control" issue till Larry decided he didn't like that anymore and decided to exercise the 25% fleet reduction provision in the old CPA. Which in turn cost CAL more money.

The ExpressJet situation also reflects the tenacious side of Smisek’s personality. “What happened was necessary,” he notes. “There were several problems, namely one single type of equipment with one single supplier that had an unsustainable cost structure. ExpressJet was not competitive, and that was not good for Continental..For one, we lease them the aircraft. We had to rely for feed on a contractor who could not price that feed competitively and survive.” Without his intervention, Smisek says, ExpressJet eventually would have collapsed and that would have reverberated across his own network. “It is very hard to wind down an operation and at the same time ramp up another. It is costly and time-consuming,” he explains.

See the above, CAL structured it that way in the IPO spinoff. Particularly the single airframe type. It prevented XJT from acquiring different/larger airframes for outside regional feed. Especially in a time when the legacies "weren't hiring" so to speak. If you don't/can't acquire the airframes, you can't sell a product.

Also. per the CPA, when the 69 aircraft were withdrawn from COEX operations, XJT was not allowed to operate those airframes into any CAL hub using a different paint job being flown for another carrier. This was a show stopper for a MidEx deal, that later went to SKW.

 

[the palm]

made only one year, last of the street legal two strokes and one fast little b!tch
go get your learn on

Still ugly though.

 

[LazyLightnin']

Like a two-wheeled Pontiac Aztek.

 

[badog]

Still ugly though.

go ride your cookie cutter milwaukee vibrator and drop dead.
Happy new year !

 

[XJTFO]

They just added a way for ASA pilots to join the expressjet web board. Check again....