Quote Originally Posted by ipilot View Post
It was the best deal going at the time. Continental wouldn't budge so what were they supposed to do? Let CAL dismantle our company one plane at a time until the original CPA completely expired?

The problem this whole time was not that we were signing this agreement below costs but how the cost structure was applied. Instead of the cushy Cost+10% deal it became a flat hourly rate. Just like everyone else in this business.

The problem was that we are paying for the airplanes while Continental dictates how many hours to buy. So lots of airplanes + low hours = low/no profit. Get the hours back up to a reasonable level and we'll make money again. That's what this UA thing is supposed to do.

The analysts are predicting a profit next year for XJT no that the planes will be utilized. You doom and gloomers need to keep your shirts on and see how this plays out.

I'm, want to believe, lets hope it plays out well for us!