jetdriven
restraint order pending
- Joined
- Dec 23, 2001
- Posts
- 517
you guys dont get it do you. Comair and Airwis had no alter-ego to contend with. The economy is in the $hitter. Majors have taken MASSIVE paycuts. thousands of pilots are fuloughed. Most continue to furlough.
we were given a TA to pass or fail and if it failed JO would continue to grow freedom and shrink mesa, just like CCAIR, Aspen, Crown, Liberty express, desert sun, Air LA, Westair, and florida gulf. End result is 1500 Freedom pilots and 1100 Mesa, Air Midwest, and CCAir pilots out of work.
You guys call us scum and whatnot, but how many contracts has Air Wis had? Comair? We are on our SECOND contract. The SECOND. PLUS, it WAS NOT concessionary! We got guaranteed payraises, better workrules, and a better balance sheet for the company to finance RJ's. We have 100 on order and have added 14 in the last few months.
Do you really think UAL is going to continue to pay Air Wis and Skywest the same fat check per departure? Did you really think so when the very existence of UAL is at stake?
jesus, you guys must exist in a vacuum, the economy drives market forces.
Read the 3-31-03 8-K form for ACAI:
The code share partner that accounted for approximately 82% of the Company's revenue in 2002 is in bankruptcy..The Company's future operations are substantially dependent on United's successful emergence from bankruptcy and on the affirmation or renegotiation of the Company's UA Agreement by United on acceptable terms, or on the Company's ability to successfully establish an alternative to the United business and services. If United seeks to renegotiate the terms of the UA Agreements, a renegotiated agreement is likely to be on terms that are less favorable to the Company with regard to operating margins and could possibly result in the deployment of fewer aircraft than currently contracted and/or be less favorable to the Company in other respects, which would adversely affect the Company's earnings and/or growth prospects. There is no assurance that United will successfully emerge from bankruptcy, and United has said that its liquidation is a possibility. If United does not succeed in reorganizing its operations and emerging from bankruptcy, and instead files for a liquidation under Chapter 7 of the U.S. Bankruptcy Code, the Company would be faced with the prospect of having to quickly find another code share partner or to develop the airline-related infrastructure necessary to operate as an independent airline. The Company anticipates that there would be an interruption in its services during a transition period, the length of which would be dependent on several factors including how soon United liquidates. The Company has commenced planning for these contingencies and will continue to pursue actions management believes appropriate in the event that United liquidates under Chapter 7. There are no assurances that the Company will be able to find another code share partner or be able to compete as an independent airline, and any prolonged stoppage of flying would materially adversely affect the Company's results of operations and financial position. Any failure to timely or successfully implement alternative contingency plans could have a material adverse effect on the Company and its viability.
we were given a TA to pass or fail and if it failed JO would continue to grow freedom and shrink mesa, just like CCAIR, Aspen, Crown, Liberty express, desert sun, Air LA, Westair, and florida gulf. End result is 1500 Freedom pilots and 1100 Mesa, Air Midwest, and CCAir pilots out of work.
You guys call us scum and whatnot, but how many contracts has Air Wis had? Comair? We are on our SECOND contract. The SECOND. PLUS, it WAS NOT concessionary! We got guaranteed payraises, better workrules, and a better balance sheet for the company to finance RJ's. We have 100 on order and have added 14 in the last few months.
Do you really think UAL is going to continue to pay Air Wis and Skywest the same fat check per departure? Did you really think so when the very existence of UAL is at stake?
jesus, you guys must exist in a vacuum, the economy drives market forces.
Read the 3-31-03 8-K form for ACAI:
The code share partner that accounted for approximately 82% of the Company's revenue in 2002 is in bankruptcy..The Company's future operations are substantially dependent on United's successful emergence from bankruptcy and on the affirmation or renegotiation of the Company's UA Agreement by United on acceptable terms, or on the Company's ability to successfully establish an alternative to the United business and services. If United seeks to renegotiate the terms of the UA Agreements, a renegotiated agreement is likely to be on terms that are less favorable to the Company with regard to operating margins and could possibly result in the deployment of fewer aircraft than currently contracted and/or be less favorable to the Company in other respects, which would adversely affect the Company's earnings and/or growth prospects. There is no assurance that United will successfully emerge from bankruptcy, and United has said that its liquidation is a possibility. If United does not succeed in reorganizing its operations and emerging from bankruptcy, and instead files for a liquidation under Chapter 7 of the U.S. Bankruptcy Code, the Company would be faced with the prospect of having to quickly find another code share partner or to develop the airline-related infrastructure necessary to operate as an independent airline. The Company anticipates that there would be an interruption in its services during a transition period, the length of which would be dependent on several factors including how soon United liquidates. The Company has commenced planning for these contingencies and will continue to pursue actions management believes appropriate in the event that United liquidates under Chapter 7. There are no assurances that the Company will be able to find another code share partner or be able to compete as an independent airline, and any prolonged stoppage of flying would materially adversely affect the Company's results of operations and financial position. Any failure to timely or successfully implement alternative contingency plans could have a material adverse effect on the Company and its viability.