Godfather
Well-known member
- Joined
- Jan 16, 2005
- Posts
- 383
Ah! The game's afoot!
The 3 planes mentioned in the first article are not new planes...237, 242, and 239 are USAirways planes and have been here at Colgan since 2000. What happened here is that another bank bought the notes on the planes. Kinda like your mortgage being sold by one bank to another, that's all. Happens all the time. These are not the new planes that Colgan just bought from another bank that were once in the Mesaba/Pinnacle fleet. Those serial #s are 261, 256, 248 I thnk.
As for article 2, Don't worry, Colgan is keeping their eye on LYH. But since there are no planes right now to expand, this may not occur until 2007 if at all. LYH needs more service big time and Colgan running to IAD on UAL would be great but will it be profitable? That's why LYH is trying to front all the $$$ it can to offset profitability because they (LYH) know it may not be. $405K may not be enough to lure anyone in.
Colgan won't expand til 2007 if they do. The 3 new Saabs coming in like I said before are here to replace the A's (121 and 35) with #3 as a spare til 311 and that USAir Saab that weather-vaned into the belt loader in ORF during one of the wind storms comes back.
But bet your bottom $$, that the bank that has those other 7 Saabs are doing some wheeling and dealing with HEF to get those planes in the air.
Tune in and see what happens, should be fun.
The 3 planes mentioned in the first article are not new planes...237, 242, and 239 are USAirways planes and have been here at Colgan since 2000. What happened here is that another bank bought the notes on the planes. Kinda like your mortgage being sold by one bank to another, that's all. Happens all the time. These are not the new planes that Colgan just bought from another bank that were once in the Mesaba/Pinnacle fleet. Those serial #s are 261, 256, 248 I thnk.
As for article 2, Don't worry, Colgan is keeping their eye on LYH. But since there are no planes right now to expand, this may not occur until 2007 if at all. LYH needs more service big time and Colgan running to IAD on UAL would be great but will it be profitable? That's why LYH is trying to front all the $$$ it can to offset profitability because they (LYH) know it may not be. $405K may not be enough to lure anyone in.
Colgan won't expand til 2007 if they do. The 3 new Saabs coming in like I said before are here to replace the A's (121 and 35) with #3 as a spare til 311 and that USAir Saab that weather-vaned into the belt loader in ORF during one of the wind storms comes back.
But bet your bottom $$, that the bank that has those other 7 Saabs are doing some wheeling and dealing with HEF to get those planes in the air.
Tune in and see what happens, should be fun.
