Anderson didn't take NWA into bankruptcy. He left prior to the filing, and Lorenzo's golden-child Steenland took the company into bankruptcy.If true... Anderson strikes again!
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Anderson didn't take NWA into bankruptcy. He left prior to the filing, and Lorenzo's golden-child Steenland took the company into bankruptcy.If true... Anderson strikes again!
Delta plans to cut the number of DCI carriers in half.
What happened to the blurb in the last concessionary novation that stated Comair had to maintain 90% of it's current fleet as of the date of signing? Does the loss of these airplanes still honor that stipulation?
ASA-not going anywhere
Big Sky-?
Chautauqua-I doubt it
Comair-smaller maybe, but still part of DCI
ExpressJet-I'd put them in the potential group
Freedom-also potential
Pinnacle-I'd guess no
Shuttle America-maybe
SkyWest-I'd guess no
so just guessing, I only see 3 possibly going. Was he saying that is what 'needs' to happen or what WILL happen?
ASA-not going anywhere
Big Sky-?
Chautauqua-I doubt it
Comair-smaller maybe, but still part of DCI
ExpressJet-I'd put them in the potential group
Freedom-also potential
Pinnacle-I'd guess no
Shuttle America-maybe
SkyWest-I'd guess no
so just guessing, I only see 3 possibly going. Was he saying that is what 'needs' to happen or what WILL happen?
Pretty accurate guess, though I would alter it to say:
Big Sky: Gone. Brought on only to help prevent US Airways takeover by showing too much overlap in Boston markets.
Comair: Only 8 aircraft smaller
CHQ: 15 aircraft scheduled to be removed from service in 2008 already... that accounts for a huge part of 4000 hours. The 145's are likely to stay
Shuttle America: New large RJ aircraft just ordered, so they are going to stay around for a while, even through another bankruptcy.
Xjet: Despite the good product and reduced rates, they are too new and fly too few aircraft to justify a permanent place in the smaller family
Lastly: Big talk is what management is for. In the end, far fewer hours will be cut and we will see more of a realignment of fleets. Delta will trim the fat, but they aren't going to cut any meat off the steak.
Big sky is serving EAS routes... doubt they'd just "be gone" unless you expect cape air to cover and buy out the bids...
Colgan isn't going to take the bigsky lines, and i doubt commute air would bid. Nobod seems to want the 1900's anymore
It is 90% of current fleet except for aircraft that the leases expire on. The leases on these 8 aircraft have reached the end of their terms and won't be renewed.
Guys, 4000 block hours really isnt that much if you think about it. I;m assuming it means 4000 hrs/month. If one a/c flies avg 7-8 hours a day, that's about 220-240 hrs/month. That's approx 17 a/c worth of flying. As stated before, Comair is losing some CRJ-100s and CHQ is dropping their EMB-135s eventually. I am willing to bet that will be it. Probably some reduced flying for everybody else but I doubt ASA or SKYW will actually park planes.
When are you guys going BK? If the Comair president said anything about Delta possibly going BK in the future, it was probably because we have too many RJs. That is why we are cutting back on 4000 block hours, to start with. Anderson hinted in his townhall meeting that we have too many and we need to build up mainline domestically. (he stated we will get 9 MD90s and 7 737-700s next year, besides the 4 777LRs) We have less debt than any other Legacy, and we are profitable for the year. A small operating loss MAY occur this quarter, but that is it. You need to educate yourself before making such statements. And, your E170s are being replaced one for one with E175s. United, who really is having problems (noted in the press) is getting the ex Delta E170s, and if they go away you will have major problems.
Bye Bye--General Lee
I believe that the BK thing was stated at CMR, as being possible. It was stated in the same breath as being spun off from DAL. Look at where the new BK thing was posted. It was left vague, but look at the context of the statement. It had to do with CMR, doom and gloom along the lines of DAL getting rid of them.
DAL would merge/be sold before another BK filing. There is not much left for them to get out of filing again. You really cannot restructure this debt any better than they already have. If DAL to file, it would be six months before the doors would be closed. Both of those things are a long way off.
Sorry I cannot recite the details verbatim, but this came directly from our CEO, and I was party to this information.