chperplt
Registered User
- Joined
- Nov 25, 2001
- Posts
- 4,123
Somebody told me, Comair might be sold off plane by plane.
Why would they do that when they can dump as many as they want right now??? It's a little thing called bankruptcy....
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Somebody told me, Comair might be sold off plane by plane.
Not true. The Skywest/ASA deal assured Skywest a feed contract in or out of bankruptcy which would be honored in court. As far as every other carrier, I think Ted Nuggent said it best, "It's a free for all!"
DrunkIrishman said:Wacopilot-
Not true. The Skywest/ASA deal assured Skywest a feed contract in or out of bankruptcy which would be honored in court.
chperplt said:I think you're (somewhat) wrong here... I believe the contract stated that Delta would have to pay Skywest a good deal of money if they changed the contract in CH 11. It doesn't assure Skywest a contract.
You sir, are right on the money. We at SKW (Inc.) could lose out on all the Delta feed technically speaking. I wonder what the fine print says about # of AC to flown to still retain the 125 mil?FDJ2 said:Contracts signed outside of bankruptcy are renegotiable inside of BK. I believe the only assurance SKYW got outside of BK was that it would get to keep the balance of what is owed for ASA.
Expect to see DAL go after all contracts, except senior management's, while in court. The fee paid for each departure will be renegotiated and that will have a trickle down effect on all contract employees.
Ultimately, where else will the contract carriers go to provide their small jet lift? DAL? UAL? NWA? US? There are 100s of RJs that will have no place to go if it were not for the contracts offered by these bankrupt carriers. The contract carriers that can successfully negotiate in BK will survive, the ones that can't will be parking jets.
Unless Skywest wants to see their jets parked in the desert, they'll have to play ball.
These a troubled times and no one is immuned.
The deal signed with Skywest/ASA a week ago was just passed by the bankruptcy judge yesterday.
chperplt said:Passed meaning what?
Are you saying that Delta asked the judge to keep the contract as is, and he agreed? I have a hard time believing that on many levels.
Delta filed on Wednesday.. Do you really think the judge has heard any arguments on what contracts are going to be kept and what aren't on day 1?