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Old 07-03-2008, 05:30 PM   #41 (permalink)
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Sorry guys. A base closing just plain sucks. This is just conjecture on my part but maybe the company didn't inform us because it had yet to inform the SEC yet. I'm not sure but I'd put money on that.
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Old 07-03-2008, 05:32 PM   #42 (permalink)
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Guess this will fix the shortage of Captain's problem in COEX, welcome back.
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Old 07-03-2008, 05:35 PM   #43 (permalink)
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Quote:
Originally Posted by TBM View Post
Our agreement with Delta was a Pro Rate deal, not a CPA. That means both XJT and Delta share the risks/rewards of the routes we flew for them. Apparently this operation wasn't working out well financially for either airline so they agreed to pull the plug.
It was said, the first 10 aircraft were on a CPA, EVERYTHING after that was on a pro rate basis.

It was speculated that when we got the CPA that it was at cost, not a profit margin.

This makes the FOURTH DelCon base I've closed down in 8 years. Top that bytches.

It was nice while it lasted.
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Old 07-03-2008, 05:37 PM   #44 (permalink)
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And to think I was just Happy about my EWR transfer...man screw that...Are You Happy Now Kellner & Smisek?
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Old 07-03-2008, 05:43 PM   #45 (permalink)
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Originally Posted by mckpickle View Post
Sorry guys. A base closing just plain sucks. This is just conjecture on my part but maybe the company didn't inform us because it had yet to inform the SEC yet. I'm not sure but I'd put money on that.
As they say here in Texas, "seems like that horse has left the barn".
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Old 07-03-2008, 05:45 PM   #46 (permalink)
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Wow, I thought furlough notices came via certified mail and not on the news wire. Ugh.
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Old 07-03-2008, 05:49 PM   #47 (permalink)
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Quote:
Originally Posted by TBM View Post
Our agreement with Delta was a Pro Rate deal, not a CPA. That means both XJT and Delta share the risks/rewards of the routes we flew for them. Apparently this operation wasn't working out well financially for either airline so they agreed to pull the plug.
10 were a CPA for 24 months and the rest were pro-rated. Not sure where you got your info.
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Old 07-03-2008, 05:54 PM   #48 (permalink)
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Originally Posted by assghanistan View Post
Any LAX based crews on here know about this prior to the announcement?

No...................................
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Old 07-03-2008, 05:56 PM   #49 (permalink)
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Quote:
Originally Posted by mckpickle View Post
Sorry guys. A base closing just plain sucks. This is just conjecture on my part but maybe the company didn't inform us because it had yet to inform the SEC yet. I'm not sure but I'd put money on that.
Not true. The company released it's public comments via the DL press release.

The bottom line is the company is terrible with keeping the pilots in the loop.
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Maybe?
Old 07-03-2008, 06:07 PM   #50 (permalink)
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We're returning 30 planes back to Continental (previously announced) Could these be the large chunk of the 30 and branded does not shrink as much as we were thinking?
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