CHQ/REP, Bedford sells off a large amount of shares???

[FlyingDawg]

.....so your saying Bedford sold is OWN PERSONAL shares (cause that's what this thread has been referring to so far) so he could fund more airplanes.

I will not be surprised to see orders for more 170's & 190's.....but I would also not be surprised to see a big sh*t sandwich end up in CHQ's picnic basket. Skywest, ASA, and Mesa are most likely protected from seeing any Delta backlash. That leaves Comair and CHQ. If Comair gets sold to Mesa like I hear a bunch of guys laughing about (a$$holes).....Mesa will probably work the same deal as Skywest and Comair would also be protected.......who does that leave. I'm not saying CHQ is f*cked, but I'm saying it has the potential to be in regards to the 135/145.

Piker

I highly doubt that. Remember CHQ was the first regional contract affirmed by the US BK Judge after their filing. Bedford has weathered this sort of storm before.

 

[kngarthur]

I highly doubt that. Remember CHQ was the first regional contract affirmed by the US BK Judge after their filing. Bedford has weathered this sort of storm before.

I agree! I think that contracting out flying is all apart of the big restructuring plan. No offense to any of the mainline guys but, I'm glad I'm not a mainline pilot now.

 

[ilinipilot]

The 170/190 debate aside I think the fact that we are the only ones operating them helps us a lot.

I belive CHQ has the ultimate bargaining chip in the 170s. If Delta wants to operate more 170s or god forbid 190s they have to use us or wait 2-3 years until someone else can get them. Jet Blue has all the 190s bought out for the whole year. (This is FACT told to me by an Embraer rep sitting on our jumpseat.) The 170s are being bought constantly by companies all over the globe. (Hong Kong Express, Paramount (india) Copa (Panama). The fact that CHQ has 80 of them I would assume gives us rights to get them quicker than others off the street.

If our CEO is smart, which I believe he is he will try and work a deal where we keep our 145 flying in exchange for more 170s.Or reduce some of our 145s and get more 170s. I do not think Mesa has that bargaining power we have. They have lower costs but Skywest/ASA has economies of scale with the size of their operation, Comair I do not know how they will shake out, and we have what Delta wants 170s.

Good luck to all

D

 

[Bdfg1]

You heard it here first...CHQ HAS 80 170's!!!!! Just like that!

 

[Chip]

Im sure he meant firm orders for 80 170's. Or at present case, firm orders for 50 more, since there are 30 on the property as of right now. I see how things can get thrown out of whack on this board very easily......

 

[sweptback]

No manufacturer is going to sell out of production slots for 3 years. If anything, they will up the production rate if there is more demand.

I can't believe you CHQ guys telling me that if Delta went to Embraer tomorrow and ordered 100 190s, Embraer would say that they would have to wait 3 years to get their first one. That is simply not good business.

Chances are they're holding special delivery slots for other customers too... like what Boeing did with the 777/787 order that Air Canada ultimately canceled. It was almost unheard of that AC was able to secure 777-300ER delivery slots within 5 months... but Boeing knew that if they would not accomodate AC's growth plan that Airbus most definitely would.

 

[FlyinPiker]

I highly doubt that. Remember CHQ was the first regional contract affirmed by the US BK Judge after their filing. Bedford has weathered this sort of storm before.

Yeah well...everything I've been talking about in regards to your 135/140/145's has pertained to your Delta flying.....that is not affirmed. That is what may be in jepordy.

Piker