ultrarunner
Well-known member
- Joined
- Nov 26, 2001
- Posts
- 4,322
For whatever reason, somebody is willing to keep throwing money down a rat hole. There has to be some kind of hanky-panky going on to eventually use 100 seaters on the Midwest certificate to get around somebody's scope clause or something like that.
Well, my take is that MEH is going to default on the loan. And RAH will ultimately own the MEH operating certificate.
At that point, if it were me, I would sell that sucker so fast, it would make Herb Kelleher's pecker fall off.
The only thing of value is essentially the gates and the landing rights. With Southwest, Delta and Airtran moving into the MKE picture, there is money to be made, and NOT by some RAH puke flying around 70 to 100 seats barbie jets. The money to be made is where they can be flown to, and who is willing to pay for it.....
MKE in NO WAY can support SWA, DAL, AAI, and RAH...just not gonna happen. The fat lady has sung, and just had a friggin coronary!
Good luck!