petro said "As mentioned before there will be opportunities for xjt to pick up flying. Will they get a nice big one? A collection of smaller ones?"

petro, they have no jets on order so the biggest deal they could get is one that puts charter out of its misery.

"A string of those guaranteed city deals would go a long way to shore up charter. If charter is close to fully utilized I bet that gets cash flowing in a positive direction."

as i said before, the charter fleet, not including the 10 for ual, flew less than one hour a day on average. a fact from exjet press release. if exjet gets new flying charter vanishes. it's either or.

"Often wonder why xjt is still separate from CAL given their symbiotic arrangement. Very strange really. Why would CAL have XJT separate when it would probably cost a lot less to have within CAL?"

the whole point of regionals is to have employees doing the same job for less. not just pilots, but mx f/as, ramp, gate all earn less. the regional airline is the equivalent of a factory in china.