comair going bankrupt

[duke600]

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]

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]

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]

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]

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]

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]

<edit>



forget it...not worth getting in to.....

 

[DGdaPilot]

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]

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]

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.

 

[gkrangers]

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

Semantics. DL is the Lucitania.

 

[scopeCMRandASA]

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

 

[~~~^~~~]

Semantics. DL is the Lucitania.

I vote for the Exxon Valdez with Captains Giambusso and Mullins on the helm.

 

[91100 100 set]

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]

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

 

[Nindiri]

You dream big, don't you, General.

 

[General Lee]

I just PM'ed you.


Bye Bye--General Lee

 

[sweptback]

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?

 

[Nindiri]

I just PM'ed you.


Bye Bye--General Lee

Got it and PM'ed back. Thanks.

 

[EMB170Pilot]

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.....

 

[chperplt]

Once again, why does Delta say that they want less RJs then sign a contract that says the opposite?

This is just my WAG, but I think Delta plans on dumping a good portion of it's own RJs in BK. They obviously still needs the RJ lift. By signing a deal with Mesa, they can reduce their own expenditures while keeping the routes flying.

Sucks for CMR if it happens, but smart for DALs balance sheet.

 

[SpacemanSpiff]

more rumor-mongering...here goes!

What I have heard recently at Mesa is that Delta wants Mesa/Freedom (whatever) to fly E190's or 170's - lots of them. JO, however, does not want to fly the Embraers because he thinks the operating costs are more favorable flying the CRJ-900.

So it could all make some sense:

Delta files Chapter 11

All growth at Comair comes to a halt

Everybody except management takes a paycut at Delta and Comair. (after all we must retain those valuable management types or else the place might fall to pieces)

So long to those pesky DO-328 jets

All orders for CRJs are cancelled or switched to Mesa/Freedom/Chautaqua/???

New Contracts are signed for more outsourcing of Regional Jet flying

we'll see

 

[SouthTex]

And Mesa Will Rule The World!!!

 

[Popeye0537]

Its not operating costs per se...JO couldn't get a 170/190 if he tried. Thoses A/C are locked up buy Air Canada,CHQ for the 170's, and JB on the 190's.

Just how is it more favorable to fly a crj900 vrs a E190...at least the 190 can take off from PHX with a full boat and full load of fuel. Cant say that about the stretched challenger!

 

[General Lee]

I could see Mesa getting a chunk of Comair (what is left) after a possible Chap 11. ( I have to say possible because it hasn't happened....yet?) Delta doesn't want to pay for RJs anymore, and they want to dump some debt and lease payments. So, they dump some Comair CRJs, and bring Mesa in to fill in. Delta doesn't have to pay for RJs, they have many airlines willing to bring them cheap lift instead. As far as the E170s and E190s, I don't doubt there will be more 70 seaters at least. As far as E190s, I don't think so. I bet a lot more CR7s, they seem to have the right lift ability in hot weather and high alt. The E170s and E190s might also be hard to get sice the back log of orders is probably really high. It would take a few years to get a lot.


Bye Bye--General Lee

 

[viper548]

I see comair being sold in pieces with SkyW, CHQ, and MESA all buying some.

 

[DGdaPilot]

It's amazing what people say they know, when none of them are obviously "in-the-know". Amusing to say the least. Keep it up boys, I'm just about to open another beer and some popcorn.

 

[Wacopilot]

I wonder if there is a reason we all were hired as pilots and not aviation analyst???

Waco

 

[CapnVegetto]

JO won't get E-170's/190's for one main reason: Training cost. He hates the ERJ's too, and would get rid of them if he could. He wants one fleet and one training program for cost reasons.

 

[EMB170Pilot]

Its not operating costs per se...JO couldn't get a 170/190 if he tried. Thoses A/C are locked up buy Air Canada,CHQ for the 170's, and JB on the 190's.

Just how is it more favorable to fly a crj900 vrs a E190...at least the 190 can take off from PHX with a full boat and full load of fuel. Cant say that about the stretched challenger!

Hope the 170 in Delta colors wins them over for many more