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Why Was Comair Not Sold?

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On the sale, you realize that the negotiations were not about selling the company, right? The negotiations were about a renewal of the Delta contract as a connection carrier. Up until that point Comair had a sweetheart deal that was very profitable for the company. The $300 + million in cash reserves were there specifically to support the company if they broke off from Delta. It was F.U. money to Delta. It was anticipated that if they went independent again a high percentage of airplanes would have been parked, the stock price would have tanked and going into the weekend they were completely prepared to do that. You also must remember that the stock had just split, dropping the priced down to the high teens if I remember correctly, so the sales price in the low twenties kept the carrier in tact, make everybody a crapload of money and didn't park any airplanes or lose any jobs. It was not a forced sale, the company wasn't for sale and it was not part of the original negotiations. It was simply an offer they couldn't refuse.

You've said a lot there; probably as much as you can say. While I might take issue with a couple of points they aren't important enough to argue about. However, that's not the entire picture. It is not that you've said anything wrong, just lots of omissions which I understand. But, I don't feel at liberty to say much more so we'll have to leave it there. Your painting is not inaccurate, it's just not complete. Suffice to say I've spent some time in the Oval Office and I know where the house boat was parked too.

I've been at this aviation thing for a long time now and I've yet to experience the same type of entreprenarial spirit we had there. It was truly a blast during that time. Enough for now.

I've been around the horn a few times myself. I agree that the entrepreneurial spirit was exceptional for 85% of the journey. I would argue that near the end it waivered just enough to make the difference. That however is just an opinion. Since that risk wasn't taken we'll never know what the outcome might have been. It could have been another resounding success, or a catastrophic failure. The decision was not to roll the dice. The rest is history.

Oh, and I respect your opinions... I was viewing out the window from within, rather than in the window from outside as most others did. It's a little different perspective. Enough for now.

For what it's worth I respect your opinions as well. I kind of think we're viewing through the same window and from the same spot. The perspective is different because some have the opportunity to view things from within and from without, at the same time. Very unique.

The view from within changes depending on when you're making your observation. Sometimes the view from within is clear; other times it's murky. The same is true of the view from without.

All the best.
 
Comair has always been first.....
First to fly all jets...
First to demand livable regional wages.....
First to be too costly compared to cheaper upstarts.....

The main issue is their is no barrier to new entrants in the regional market. You obtain some jets or borrow them from a mainline carrier, hire some cheap pilots (the cheaper the better so if you can offer flow through or free hotel makes compensation lower) and compete against established carriers.
I suppose the same happens at mainline but the timeline is much more drawn out.
Best of luck Comair,
Luv

How soon we forget ACA.
 
You're right, it doesn't make any difference anymore. What's done is done. Also, I'm truly not trying to convince you of anything. We just have a different perspective and I'm OK with that as well.



Well, if you were one of the handful as you say then we know each other quite well. It might be fun to meet again. Sometimes I'd love to be able to write more. However, this is a public forum and not the place to exchange names or air laundry. Some things that are private should so remain. I have no point to make beyond what I've already said that I feel should be made in this venue. Perhaps one day we'll bump into each other again; it's a small world. Then I'll buy you a brew and we can exchange notes over a cold one.

We may see some things differently but I'm not trying to prove you wrong and me right. You say you were there and you know; I accept that. All I can say is, I was there too. Isn't it strange how absolute facts can mean different things to different people? "Beauty is in the eye of the beholder."

I was thinking that we indeed probably know each other, and enough has been written to show that what happened was indeed not exactly the best thing for the long term viability of the company. Getting back to the title of the thread? I think it will be a while before another "Comair" rises from nothing to achieve what was done. To watch the company slide into the sunset isn't something that any of us during those years would have ever expected.
 
Nice of you to stop in, Surplus. If this board had two or three more of you, and maybe a couple thousand fewer idiots there'd be something of value to read here more often.

Take care.
 
I was thinking that we indeed probably know each other, and enough has been written to show that what happened was indeed not exactly the best thing for the long term viability of the company. Getting back to the title of the thread? I think it will be a while before another "Comair" rises from nothing to achieve what was done. To watch the company slide into the sunset isn't something that any of us during those years would have ever expected.

Unfortunately the history of commercial aviation is littered with far too many "Comairs". The one thing we can be certain of in this business is that there will be change.

No one really knows what might have been if Delta Air Lines had not acquired the company. However, there is little doubt that they have systematically destroyed it, whatever their "reason" may have been or is. It didn't have to be that way and that is why it is sad.

Many don't care, many never did; others will always remember what used to be - with honor and pride.

Just like in flying, in the airline business - "Fate is the Hunter".

Cheers.
 
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Nice of you to stop in, Surplus. If this board had two or three more of you, and maybe a couple thousand fewer idiots there'd be something of value to read here more often.

Take care.

You're way too kind ... but that's much appreciated. Thank you.

Keep the shiny side up. "Whatever It Takes!"
 
Why was Comair not sold?

This may be a bad sign for the pilots at Comair. Compass and Mesaba are sold off and Comair is left "in the bag".

Comair may not be a sellable Delta asset and because of this the writing may be one the wall ... a closing of the doors.

The Comair president did not present any comforting or assuring words for Comair pilots today when all he had to say is that Comair must remain focused on the short term and that the planned move to DTW is still going forward.

Work real hard right up to the very end!

That's because at this very moment, Richard Anderson has Comair bent over the couch with thier butt cheek wide open. (Cue sordid porn music)
 
That says they have 97 aircraft... I thought they had more??? I heard Delta wants to get rid of about 50 more CRJ200's .. Does that still stand?

I think so. I don't think they want the 50's around anymore. Skywest will probably acquire our aircraft 70/90s but not take the employees.
 

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