ASA/XJT Pilots- Who's financially prepared to walk?

[ApocketA's_145]

my opinion is that it will be shut down like Comair no matter what happens, but it will take some time, you still have a few years for planning whether its another airline, another career, starting a new business depending on your financial status.. the original post asked who is financially prepared to walk.. i know within 1 year I will be, so no matter what happens this place in my mind will be around in atleast 1 year. 4 years from now might be a different story. That would give you 4 years of planning for no matter what you do... plan for the worst, hope for the best!!

 

[wms]

It took 11 years to shut Comair down, with half the planes and more other airlines with endless staffing. Also, DAL owned Comair and shut them down while retaining ownership and releasing the planes. SKYW,Inc has fewer options and has CPA obligations to DAL and United. DAL didn't have to answer to ml partners, they call the shots. They either have to wind it down as CPAs expire or pay the penalties for not meeting the CPA obligations. Also, DAL did not suffer financially as Comair was wound down, SKYW would.

They are two totally different situations. Not saying it can't happen, but it's a much different situation than Comair.

 

[FightingIrish]

It took 11 years to shut Comair down.

Most of the CMR shutdown took about 4 years.

 

[Mickey Mouse]

No one is getting shut down, regardless of the vote.

 

[Mickey Mouse]

Mesa's survival is a great tutorial. Wholly owned regionals like Comair and PSA are a different animal. SKYW Inc. is independent. They are not subject to the whims of major partners as much as wholly owned airlines. They still have to be reasonable and viable, but they have greater latitude.

 

[jmreii]

Reading some of these posts brings back memories of by gone days and the adventures of airlines no longer with us! same stories different decades.

 

[wms]

Mesa's survival is a great tutorial. Wholly owned regionals like Comair and PSA are a different animal. SKYW Inc. is independent. They are not subject to the whims of major partners as much as wholly owned airlines. They still have to be reasonable and viable, but they have greater latitude.

.This.