C
chipmunn
Guest
Johnny:
This provision is provided for in the ALPA restructuring agreement and is likely to incrementally occur as turboprops are replaced with RJs. US expects to quickly ramp up RJs with 230 of the small jets added to the US Express network within the next three to four years.
The good news for Express employees is that MDA will operate 70 and 76-seat RJs and when fully developed, US Group could take MDA public with an IPO like CO did with CO Express for an equity cash infusion.
In the case of the pilot group, the wholly owned pilots will have a flow through provision to the mainline with MDA eventually becoming the entry level position.
Chip
This provision is provided for in the ALPA restructuring agreement and is likely to incrementally occur as turboprops are replaced with RJs. US expects to quickly ramp up RJs with 230 of the small jets added to the US Express network within the next three to four years.
The good news for Express employees is that MDA will operate 70 and 76-seat RJs and when fully developed, US Group could take MDA public with an IPO like CO did with CO Express for an equity cash infusion.
In the case of the pilot group, the wholly owned pilots will have a flow through provision to the mainline with MDA eventually becoming the entry level position.
Chip