BlueRidger
Well-known member
- Joined
- Dec 18, 2001
- Posts
- 103
"While Chapter 11 deals with that which has gone on before, it does not mean these same people have to do business with you now. Nor do they have to accept terms now they do not want. "
This is almost true. The company in Ch11 can only break the entire contract, not just specific terms within that contract. Also the bankruptcy court judge must approve the breaking of the contract.
"The only positive in this is that the industry is such that the options people have to move aircraft etc are limited"
This is true but I just had a scary thought. If Mesa rejects J4J that means that every airlines with the exception of the WO's and Midway have rejected it and J4J will be a failure. It would then be time for US Airways mgmt to get rid of the whole J4J policy becuse they need RJs ASAP. Then if the UAX carrieres were axed there would be a place for all those RJ's to go. Although, on second thought, UAL will keep the RJ's and just code share those routes.
This is almost true. The company in Ch11 can only break the entire contract, not just specific terms within that contract. Also the bankruptcy court judge must approve the breaking of the contract.
"The only positive in this is that the industry is such that the options people have to move aircraft etc are limited"
This is true but I just had a scary thought. If Mesa rejects J4J that means that every airlines with the exception of the WO's and Midway have rejected it and J4J will be a failure. It would then be time for US Airways mgmt to get rid of the whole J4J policy becuse they need RJs ASAP. Then if the UAX carrieres were axed there would be a place for all those RJ's to go. Although, on second thought, UAL will keep the RJ's and just code share those routes.
