FLYI closes doors...

[DH2WN]

http://www.flyi.com/company/default.aspx

 

[dash8driver64]

You gave them hell instead of caving. got to respect y'all for that. Sorry that it did not turn out better for you guys/girls. BEST OF LUCK !

 

[AviatorTx]

http://www.flyi.com/company/default.aspx

Shame.. If anyone was going to tank in the last four years, I was sure it would have been US Air. Go figure...

 

[Turtlesfly]

Unfortunately, not just for you guys does this suck, but now this gives ammunition to the other regionals/majors asking for concessions . . . "well look what happened to Independence! If you don't take this, this is going to happen to you too!" Just what we need is to give the dark side more power . . . .

best of luck to all you who deserved better

 

[taloft]

Maybe this is a stupid question, but I just gotta ask: Why not just go into bankruptcy protection and keep operating like the other airlines?

In any case, best wishes to the FlyI folks in the new year.

 

[RIDETHELIGHTING]

All the other bk airlines have backing from other companys to keep operating.

 

[michael707767]

Maybe this is a stupid question, but I just gotta ask: Why not just go into bankruptcy protection and keep operating like the other airlines?

In any case, best wishes to the FlyI folks in the new year.

financing. Going into BK doesn't automatically give you more money to operate. You have to find someone willing to lend you money. That seems to be the issue with FlyI.

good luck to all the FlyI employees.

 

[DH2WN]

Maybe this is a stupid question, but I just gotta ask: Why not just go into bankruptcy protection and keep operating like the other airlines?

In any case, best wishes to the FlyI folks in the new year.

Money...Other airlines have financial investors to help them. Including our stupid government who keep sticking it to the taxpayer while propping up airlines who do nothing to fix their problems but f-ing over their employees.

 

[propjockey]

You gave them hell instead of caving. got to respect y'all for that.

A Pyrrhic victory (pronounced pirric) is a victory which is won at too great a cost for the victor. The phrase is a reference to King Pyrrhus of Epirus, who defeated the Romans at Heraclea and Asculum in 279 BC, but suffered severe and irreplaceable casualties in the process, going on to eventually lose the Pyrrhic War. After the battle of Asculum, Plutarch relates a report by Dionysius that:
"The armies separated; and, it is said, Pyrrhus replied to one that gave him joy of his victory that one other such would utterly undo him. For he had lost a great part of the forces he brought with him, and almost all his particular friends and principal commanders; there were no others there to make recruits, and he found the confederates in Italy backward. On the other hand, as from a fountain continually flowing out of the city, the Roman camp was quickly and plentifully filled up with fresh men, not at all abating in courage for the loss they sustained, but even from their very anger gaining new force and resolution to go on with the war." [1] The phrase is more often reported as "Another such victory over the Romans and we are undone". While it is most closely associated with a military battle, the term is used by analogy in fields such as business, politics, law or sport to describe any similar struggle which is ruinous for the victor. For example: "The football team gained a pyrrhic victory; they won the game but their star players broke their legs."

http://en.wikipedia.org/wiki/Pyrrhic_victory

 

[capt. megadeth]

Money...Other airlines have financial investors to help them. Including our stupid government who keep sticking it to the taxpayer while propping up airlines who do nothing to fix their problems but f-ing over their employees.

No doubt.