FLYI sends out furlough notices to everyone. Why bother?

[fieldinsight]

But WARN requires a 60 day notice...

HR Diva

True, but the law may require flyI to pay severence for all 60 days if they don't send the letter out. So send it out, and the clock starts.

 

[lostplnetairman]

True, but they'd probably argue one of the exceptions in the law:


The exceptions to 60-day notice are:
(1) Faltering company. This exception, to be narrowly construed, covers situations where a company has sought new capital or business in order to stay open and where giving notice would ruin the opportunity to get the new capital or business, and applies only to plant closings.

HR Diva

 

[Carl_Everett]

True, but they'd probably argue one of the exceptions in the law:


The exceptions to 60-day notice are:
(1) Faltering company. This exception, to be narrowly construed, covers situations where a company has sought new capital or business in order to stay open and where giving notice would ruin the opportunity to get the new capital or business, and applies only to plant closings.

HR Diva

They did give a WARN to at least one of the unions. They never sent out individual ones. Sadly, since they will be no more, it will be a moot point.

 

[taloft]

Why not go bankrupt and keep operating like the other airlines? Hard to find financing?

 

[Wino]

Press Release Source: FLYi, Inc.


Independence Air to Discontinue Operations: Airline Will Keep Flying Through Thursday Evening, January 5th
Monday January 2, 10:00 am ET


DULLES, Va., Jan. 2 /PRNewswire-FirstCall/ - FLYi, Inc., (Nasdaq: FLYIQ - News) parent of low-fare airline Independence Air, announced today that because of the continued financial challenges facing the company, it will voluntarily discontinue all scheduled flights planned to depart after 7:00pm(*) on the evening of Thursday, January 5th. The company is seeking bankruptcy court approval to automatically refund customers with reservations for flights scheduled to depart beyond that time.
ADVERTISEMENT


Customers with roundtrip reservations for trips departing before the cessation of operations (including those customers who have already departed) but were scheduled to return afterwards will be contacted by Independence Air and offered the opportunity to change their return reservations to one of the remaining days of operation. All change fees will be waived for changes made by phone. The company is also seeking bankruptcy court approval to automatically refund customers for those return flights that are not rescheduled. No refunds will be offered for free tickets or vouchers.

Customers whose trips are scheduled between now and Thursday evening should expect the same excellent service that Independence Air has become known for.

Independence Air Chairman and CEO Kerry Skeen said, "While we've been clear in reminding everyone that this was a possibility, we remained optimistic that there would be a way to avoid reaching this juncture. To date there has not been a firm offer put forward that meets the financial criteria necessary to continue operations as is. Therefore, we are voluntarily discontinuing scheduled service as of Thursday evening.

We offer our sincere thanks to the over eight million customers who have flown with us since the launch of Independence Air, and to the communities across America that we have served."

Skeen continued. "And most importantly, we thank our extraordinary employees for creating an airline brand that has been so universally praised by our customers. Our people have demonstrated that they are capable of operating an airline that quickly rose to the top of the rankings in every major independent survey of airline quality and customer satisfaction. And while this is a profoundly sad day for all of us, we could not be more proud of our employees and everything they have accomplished."

Customers are urged to visit the airline's www.FLYi.com website if they have further questions as callers to the company's toll-free number will likely experience long wait times.

Independence Air began service on June 16, 2004 and currently offers over 200 daily departures to 37 destinations.

The company has advised the public, and reiterates, that the likely outcome of the company's bankruptcy proceeding is the cancellation of the company's existing common stock without consideration, making FLYi stock of no value.

Independence Air, FLYi, the "i" logo mark and FLYi.com are service marks of Independence Air, Inc. ©Independence Air, Inc. 2006.

(*) Flight 1777 from White Plains, NY to Washington Dulles departing at 7:26pm is still expected to operate on Thursday 1/5.




--------------------------------------------------------------------------------
Source: FLYi, Inc.

 

[SWPA Pilot]

My heart goes out to all of the FlyI people. Not a good way to start 2006.

 

[Stan]

While I feel sorry for all the soon to unemployed FLYI people, why is there not more outrage against their stupid management. The employees that I have seen still think it was a good idea to start FLYI and not just an ego driven crusade against UAL by Skeen. Incompetent management will kill an airline faster than anything else. FLYI was a stupid idea and it was executed poorly, not by the employees but by the dumbies in charge.

 

[NAA Pilot]

Do Independence pilots have a company email address? I need to find one of their pilots.

Thanks

 

[brownie]

hey stan
if u r an ipa guy i have to disagree with your statement regarding, nothing can kill an airline faster than dumb management, because if that was true ours should of been killed long time ago with these morons in charge.

 

[Propblast]

Do Independence pilots have a company email address? I need to find one of their pilots.

Thanks

better do it quick [email protected]

-PB