Regional Airlines & other
Join Date: Feb 2007
Location: Expatsylvania
Posts: 179
Likes: 0
Received 0 Likes
on
0 Posts
Positives : You do get to wear a uniform and look like a million bucks
Join Date: Sep 2004
Location: North America
Posts: 5
Likes: 0
Received 0 Likes
on
0 Posts
Pay calculator
This site will give you a better idea of your earnings. I doesn't have as many airlines but the calculator is impressive.
www.flightsalary.com
www.flightsalary.com
Join Date: Apr 2008
Location: pr
Posts: 1
Likes: 0
Received 0 Likes
on
0 Posts
American eagle
Flying the ATR's for american eagle "executive" in the caribean is horrible. !4 hour duty days, 8hr layovers. Abusive and horrible training using a sim for an airplane we don't even fly anymore. Dangerous to your career.
Join Date: Oct 2006
Location: Over the Pacific mostly
Posts: 1,043
Likes: 0
Received 0 Likes
on
0 Posts
Which regionals are going to survive this ?
I suspect that all will survive in some shape or form, but the capacity will be greatly reduced for sure. There will be a market for the feeders but once this two carriers merge (DAL+NWA) some of these hubs will be closed or reduced significantly. Pinnacle once was reduced from close to a thousand pilots back to three hundred plus and it looks like another scale back is looming in the future. On the Delta side, I think the consolidation and availability of options for the feeder market will leave Comair in a very precarious situation
Moderator
Join Date: Oct 1999
Location: Chicago, IL
Posts: 802
Likes: 0
Received 0 Likes
on
0 Posts
Well the shakeup is starting for the regionals - Mesa's "Freedom Air" contract with Delta was cancelled. Frontier just cancelled Republic's E170 contract and this morning we find out that skywest is trying to buy expressjet. If they are successful Skywest will be the biggest airline in the world with 710 aircraft (lots of assumptions in this statement).
http://www.sec.gov/Archives/edgar/da...042408e992.htm
http://www.sec.gov/Archives/edgar/da...042408e992.htm
HOUSTON, April 25 /PRNewswire-FirstCall/ -- ExpressJet Holdings, Inc. (NYSE: XJT - News) today announced that a Special Committee composed of independent outside members of its Board of Directors has unanimously rejected a proposal from SkyWest, Inc. (Nasdaq: SKYW - News) to acquire the Company for $3.50 per share in cash.
The Special Committee, which was formed to evaluate the SkyWest proposal, has commenced a full review of strategic and operational alternatives available to ExpressJet. The strategic review will include, among other options, immediately engaging in discussions with SkyWest and other potentially interested parties to evaluate a merger at a higher price, as well as entering into discussions with Continental Airlines, Inc. regarding a new capacity purchase agreement.
The Special Committee reached the decision to reject the SkyWest proposal after careful consideration, including a thorough review of the proposal with Goldman Sachs & Co., its independent financial advisor, and Abrams & Laster LLP, its independent legal advisor. In making its determination to reject the SkyWest proposal, the Special Committee considered a number of factors, including:
-- The Special Committee believes that the fair value of the Company's
stock is substantially higher than the current SkyWest proposal and
the $3.50 per share price proposed by SkyWest does not fully and
fairly reflect the inherent value of ExpressJet or its prospects,
whether as a stand-alone company or part of a larger entity.
-- While the Special Committee recognizes that a combination of
ExpressJet and SkyWest would likely produce meaningful synergies,
SkyWest's current proposal does not deliver the value of these
synergies to ExpressJet's stockholders. Therefore, the initial SkyWest
offer is inadequate and represents an opportunistic attempt by SkyWest
to acquire the Company at a price well below the true value that
ExpressJet would bring to a combination.
The Special Committee reaffirmed its confidence in management's ability to successfully execute the Company's current strategic plan. Pat Kelly, Chairman of the Special Committee, noted "The ExpressJet Board and management are committed to taking all appropriate and necessary actions to enhance value for ExpressJet stockholders. As the Special Committee reviews the strategic alternatives available to the Company, we have a solid management team and employees dedicated to providing our customers with exceptional service and conducting business as usual."
In making today's announcement, ExpressJet cautions its stockholders and others considering trading in its securities that there can be no assurance that any definitive offer will be made, any agreement will be executed, or any transaction will be approved or consummated. The Company does not intend to disclose developments relating to this review unless and until the Special Committee and its Board of Directors has approved a specific agreement or transaction.
Going forward, the Special Committee will work together with its financial and legal advisors to evaluate the Company's options and determine the course of action it believes is in the best interests of all ExpressJet stockholders
The Special Committee, which was formed to evaluate the SkyWest proposal, has commenced a full review of strategic and operational alternatives available to ExpressJet. The strategic review will include, among other options, immediately engaging in discussions with SkyWest and other potentially interested parties to evaluate a merger at a higher price, as well as entering into discussions with Continental Airlines, Inc. regarding a new capacity purchase agreement.
The Special Committee reached the decision to reject the SkyWest proposal after careful consideration, including a thorough review of the proposal with Goldman Sachs & Co., its independent financial advisor, and Abrams & Laster LLP, its independent legal advisor. In making its determination to reject the SkyWest proposal, the Special Committee considered a number of factors, including:
-- The Special Committee believes that the fair value of the Company's
stock is substantially higher than the current SkyWest proposal and
the $3.50 per share price proposed by SkyWest does not fully and
fairly reflect the inherent value of ExpressJet or its prospects,
whether as a stand-alone company or part of a larger entity.
-- While the Special Committee recognizes that a combination of
ExpressJet and SkyWest would likely produce meaningful synergies,
SkyWest's current proposal does not deliver the value of these
synergies to ExpressJet's stockholders. Therefore, the initial SkyWest
offer is inadequate and represents an opportunistic attempt by SkyWest
to acquire the Company at a price well below the true value that
ExpressJet would bring to a combination.
The Special Committee reaffirmed its confidence in management's ability to successfully execute the Company's current strategic plan. Pat Kelly, Chairman of the Special Committee, noted "The ExpressJet Board and management are committed to taking all appropriate and necessary actions to enhance value for ExpressJet stockholders. As the Special Committee reviews the strategic alternatives available to the Company, we have a solid management team and employees dedicated to providing our customers with exceptional service and conducting business as usual."
In making today's announcement, ExpressJet cautions its stockholders and others considering trading in its securities that there can be no assurance that any definitive offer will be made, any agreement will be executed, or any transaction will be approved or consummated. The Company does not intend to disclose developments relating to this review unless and until the Special Committee and its Board of Directors has approved a specific agreement or transaction.
Going forward, the Special Committee will work together with its financial and legal advisors to evaluate the Company's options and determine the course of action it believes is in the best interests of all ExpressJet stockholders
Moderator
Join Date: Oct 1999
Location: Chicago, IL
Posts: 802
Likes: 0
Received 0 Likes
on
0 Posts
ExpressJet is keeping their CAL flying.
Continental Airlines and ExpressJet Reach New Seven-Year Capacity Purchase Agreement
http://stocks.usatoday.com/custom/us...A1FAE28533E%7D
http://stocks.usatoday.com/custom/us...A1FAE28533E%7D
Join Date: Dec 2004
Location: edge of reality
Posts: 792
Likes: 0
Received 0 Likes
on
0 Posts
Sent out today from American Eagle
Due to the current economic situation and market conditions, American Eagle Airlines has discontinued interviewing and hiring pilots at this time. We have also cancelled all upcoming job fairs. We are sorry for any inconvenience that this may have caused.
We will continue to accept applications on www.AirlineApps.com. We do not know when interviewing will resume, but we advise interested applicants to check our website at www.americaneaglecareers.com or www.flyeagle.jobs for future updates.
Karen Floyd
American Eagle
Pilot Recruitment
American Eagle Career Video
Due to the current economic situation and market conditions, American Eagle Airlines has discontinued interviewing and hiring pilots at this time. We have also cancelled all upcoming job fairs. We are sorry for any inconvenience that this may have caused.
We will continue to accept applications on www.AirlineApps.com. We do not know when interviewing will resume, but we advise interested applicants to check our website at www.americaneaglecareers.com or www.flyeagle.jobs for future updates.
Karen Floyd
American Eagle
Pilot Recruitment
American Eagle Career Video
