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comair going bankrupt

duke600

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My buddy said the chief pilot told them they will be filing bankrupcy by the end of the month. They are doing ok, but because delta is going to file they have to also. Any truth to this?
 

General Lee

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duke600 said:
My buddy said the chief pilot told them they will be filing bankrupcy by the end of the month. They are doing ok, but because delta is going to file they have to also. Any truth to this?

I would think they would come back to us for more concessions first (at DL). They are worried about another 200 or so Captains retiring Sept 1st, though, so that may cause it. If they do file, then you can bet that all of us will get pay cuts. But, so will the creditors. Labor has given $2.3 billion so far, and the creditors have given $100 million in concessions. That doesn't sound right.


Bye Bye--General Lee
 

gkrangers

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My instructors brother who flies for ASA said the Chief Pilot at ASA is leaving for SWA and SWA is going to buy Skywest, including ASA, and then buy Comair too.

Then Xjet is going to buy Continental and United, while Northwest and Delta merge, and American picks up shop and moves the entire company to flying in the middle east.
 

TonyC

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gkrangers said:
My instructors brother who flies for ASA said the Chief Pilot at ASA is leaving for SWA and SWA is going to buy Skywest, including ASA, and then buy Comair too.

Then Xjet is going to buy Continental and United, while Northwest and Delta merge, and American picks up shop and moves the entire company to flying in the middle east.
Wrong, wrong, WRONG!



They're goin' to China.





:)


.
 

bvt1151

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It really isn't newsworthy to say that Delta will take Comair into bankruptcy with them.

Comair will not declare bankruptcy. According to the SEC, Comair doesn't exist. They're only a DOT entity. They're all a part of Delta, who will inevitibly declare bankruptcy.
 

erj-145mech

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gkrangers said:
My instructors brother who flies for ASA said the Chief Pilot at ASA is leaving for SWA and SWA is going to buy Skywest, including ASA, and then buy Comair too.

Then Xjet is going to buy Continental and United, while Northwest and Delta merge, and American picks up shop and moves the entire company to flying in the middle east.

I heard the same thing from my neighbors wife's cousin who heard it from the janitor's inside the mens room at CVG.
 

DGdaPilot

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duke600 said:
My buddy said the chief pilot told them they will be filing bankrupcy by the end of the month. They are doing ok, but because delta is going to file they have to also. Any truth to this?

Yes. DL's the Titanic and Comair is the liferaft that's gonna get sucked under by the undertow of the sinking ship.
 

91100 100 set

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When USAirways declared the first time around, they took Allegheny, Piedmont, and PSA right along with them as wholly-owned entities. When Delta declares, the Comair folks are in for an entirely different ride than the ASA people, but I'm sure it will suck all the same.
 

LearLove

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DGdaPilot said:
Yes. DL's the Titanic and Comair is the liferaft that's gonna get sucked under by the undertow of the sinking ship.

when did DL become the Titanic? I thought that was reserved for us at US Air.
 

scopeCMRandASA

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The rumor I heard is that if Delta declares BK, roughly 10% of the RJ fleet will immediately be grounded. Actually, I believe the words were from 10% up to over 100 of them. Apparently, Delta doesn't even want any more of them, but GE is not letting them out of their orders. Now with ASA sold, it might be a pretty rough ride for the Comair folk. Discuss.

Glad to be gone
 

~~~^~~~

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gkrangers said:
Semantics. DL is the Lucitania.
I vote for the Exxon Valdez with Captains Giambusso and Mullins on the helm.
 

91100 100 set

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~~~^~~~ said:
I vote for the Exxon Valdez with Captains Giambusso and Mullins on the helm.

Is there an environmental impact allusion behind that analogy? The employees are the wildlife covered in oil?
 

General Lee

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scopeCMRandASA said:
The rumor I heard is that if Delta declares BK, roughly 10% of the RJ fleet will immediately be grounded. Actually, I believe the words were from 10% up to over 100 of them. Apparently, Delta doesn't even want any more of them, but GE is not letting them out of their orders. Now with ASA sold, it might be a pretty rough ride for the Comair folk. Discuss.

Glad to be gone

That was discussed recently at a new "incommand" seminar for new captains. The possible terms used were "10% to North of 100" actually. Who knows? Sounds like GE is ramming the RJs down our throat.


Bye Bye--General Lee
 
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General Lee

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I just PM'ed you.


Bye Bye--General Lee
 

sweptback

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If DAL hates RJs so much then why did they just sign that deal with Mesa?

ERJs have absolutely nothing to do with GE, and if they are as close to filing as everybody has said, then they wouldn't be responsible for the leases of the 328s either.

The deal with Mesa, by the way, includes extra potential RJ flying if DAL is able to cancel some 50s on order, or convert them into 70s. Once again, why does Delta say that they want less RJs then sign a contract that says the opposite?
 

EMB170Pilot

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I know that B.B. is flying in a 170 in delta colors to ATL this week or weekend......

So if delta wants to get rid of the rj's then maybe the 170s will replace them

but since we get paid rj wages to fly the 170, i guess it technically is an RJ

so the rj's will never go away..... :(
 
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