Jetgirls.net - View Single Post - ExpressJet agrees to new 7 year CPA with CAL

skibum515 · 06-08-2008, 05:22 PM

this new contract is HUGE for Xjet. The biggest thing is that they got rid of the "most favored nation" clause which basically said that xjet couldn't fly more than 10 planes for another company without offering Cal the same price (so if they were flying Cal for X and bid (and got) Delta flying for X-10, then they'd have to reduce their cost for Cal to X-10). It also said that xjet couldn't fly for another company into Newark, Houston or Cleveland. Both of these conditions kind of put a strangle hold on xjet, so this is HUGE good news!

06-08-2008, 05:22 PM	#4 (permalink)
skibum515 Jetgirls Ol' School Member Join Date: Jul 2003 Location: Park City Posts: 1,279 Recipes: Thanks: 2 Thanked 10 Times in 10 Posts	Re: ExpressJet agrees to new 7 year CPA with CAL this new contract is HUGE for Xjet. The biggest thing is that they got rid of the "most favored nation" clause which basically said that xjet couldn't fly more than 10 planes for another company without offering Cal the same price (so if they were flying Cal for X and bid (and got) Delta flying for X-10, then they'd have to reduce their cost for Cal to X-10). It also said that xjet couldn't fly for another company into Newark, Houston or Cleveland. Both of these conditions kind of put a strangle hold on xjet, so this is HUGE good news! __________________