Connie did it again

[alpine1989]

Too bad Bob Hunter will be running it.

Didn't Bob Hunter leave Kalitta/AIF in disgrace (fired?) 1996-ish over somebook keeping discrepancies? I can't believe the ole man is going to let Hunter back in. I wonder if Hunter's crony Jeff Connery is involved in this.

 

[Gearmonkey]

Bob will be the only thing to keep it from working.

 

[FBN0223]

Night freight, Kalitta style. No thanks

 

[OrionFE]

Night freight, Kalitta style. No thanks

What kind of style is that?

 

[Friedaloo]

Sample conversation of what is going on at therest of the freight companies:

Why the hell didn't we buy that hub just so Connie couldn't have it!!!

 

[pilotyip]

Sample conversation of what is going on at the rest of the freight companies:

Why the hell didn't we buy that hub just so Connie couldn't have it!!!

Because no one except Connie has any money?

 

[ABXbooger]

or everyone else was smart enough not to go near it. If KHA couldn't make it work why will Kalitta? They couldn't cut costs or find any synergies that KHA didn't have going for them...

 

[Junkflyer]

Its Connie's revenge on KittyHawk. He'll buy bottom dollar a/c from leasing companies that don't want them, hire pilots at low wages, and is make the freight forwarders put up their own money so everyone assumes some risk.

 

[alpine1989]

It would seem that Connie is buying the Express.net certificate and aircraft to get things going. This along with the Kitty Hawk revenge factor is pure irony. The Express.net certificate is the former Trans Con certificate that Connie gave to his son Scott 1995-ish. When Trans Con was losing money and Scott had no interest he sold it to Express.net probably for more than the $15 he is spending to get it back.

 

[avbug]

or everyone else was smart enough not to go near it. If KHA couldn't make it work why will Kalitta? They couldn't cut costs or find any synergies that KHA didn't have going for them...

Over the course of 30 years, Kalitta built up an airline that was among the 25 most profitable at the time, in the world. It took Kitty Hawk a year and a half to run it into the ground. Kalitta bought back, started with a few airplanes, and in less than seven years is more profitable with a fraction of the airplanes...once more, and his assets are growing and making money. He's expanding, where others are shutting their doors or liquidating.

How can Kalitta make it go where others can't? He's always managed. Owning all the aircraft outright, helps. Right, wrong, or backwards, I wouldn't underestimate his ability to make a company go.