Detroitpilot22
Well-known member
- Joined
- Jun 6, 2005
- Posts
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The TA has not even been approved yet!
This is rediculous.
Northwest Pushes To Unveil Subsidiary 'Compass' In June
By Lori Ranson/Aviation Daily
03/29/2006 08:50:10 AM
Northwest is pressing for a June launch of its new subsidiary, Compass, and plans to hand either Bombardier or Embraer a new aircraft order to supply 76-seat planes for the airline in April.
The carrier outlined the plans for Compass, formerly dubbed Newco, in a filing with the U.S. Transportation Dept. after buying FLYi's operating certificate for $2 million.
Northwest is asking authorities for swift approval of the transfer of the certificate from FLYi subsidiary Independence Air to Compass to start flights in June from a base at Washington Dulles Airport with a single CRJ-200 that might "be sourced from" aircraft formerly flown by Independence.
Compass is also employing Independence's directors of maintenance, safety, operations and its chief pilot and chief inspector, noting that local FAA personnel have worked closely with those individuals. Taking that into account, Northwest said, "It is believed that the issuance to Compass of operating authority equivalent to that held by Independence Air will be obtained in a minimum amount of time."
Northwest wants to launch daily nonstop flights on Compass in June from Dulles to Minneapolis/St. Paul. The airline is targeting placing 76-seat planes into service during the first full year of operations, "under a tentative growth plan forecasting operation of at least 36 such aircraft in domestic markets in five years." The carrier noted those planes are replacing Avro RJs flown by partner Mesaba.
If Compass secures all the pertinent regulatory approvals, the carrier wants to take delivery of larger planes, starting in March 2007. "These aircraft will be the Bombardier CRJ-900 and/or the Embraer 175," Northwest said. "Final selection is expected to be made in April 2006." Compass would fly the -900s with 12 first-class seats and 64 in coach, while the Embraer 175s would be configured for 11 first-class seats and 64 in coach class.
Northwest is drawing from its own management to run Compass. Former US Airways executive and current Northwest CFO Neal Cohen is Compass's CEO. Dan McDonald, current VP-finance and fleet planning at Northwest is Compass's senior VP-business development. The Compass team is rounded out with VP and Secretary Mike Miller, who currently is Northwest's VP-law and secretary.
Compass is receiving $4 million in capital from Northwest. Projected operating expenses at startup are about $1.1 million, growing to about $14 million during the first year of operations.
Previously, Northwest said furloughed mainline pilots would have first rights to jobs at the subsidiary on a separate seniority list
This is rediculous.
Northwest Pushes To Unveil Subsidiary 'Compass' In June
By Lori Ranson/Aviation Daily
03/29/2006 08:50:10 AM
Northwest is pressing for a June launch of its new subsidiary, Compass, and plans to hand either Bombardier or Embraer a new aircraft order to supply 76-seat planes for the airline in April.
The carrier outlined the plans for Compass, formerly dubbed Newco, in a filing with the U.S. Transportation Dept. after buying FLYi's operating certificate for $2 million.
Northwest is asking authorities for swift approval of the transfer of the certificate from FLYi subsidiary Independence Air to Compass to start flights in June from a base at Washington Dulles Airport with a single CRJ-200 that might "be sourced from" aircraft formerly flown by Independence.
Compass is also employing Independence's directors of maintenance, safety, operations and its chief pilot and chief inspector, noting that local FAA personnel have worked closely with those individuals. Taking that into account, Northwest said, "It is believed that the issuance to Compass of operating authority equivalent to that held by Independence Air will be obtained in a minimum amount of time."
Northwest wants to launch daily nonstop flights on Compass in June from Dulles to Minneapolis/St. Paul. The airline is targeting placing 76-seat planes into service during the first full year of operations, "under a tentative growth plan forecasting operation of at least 36 such aircraft in domestic markets in five years." The carrier noted those planes are replacing Avro RJs flown by partner Mesaba.
If Compass secures all the pertinent regulatory approvals, the carrier wants to take delivery of larger planes, starting in March 2007. "These aircraft will be the Bombardier CRJ-900 and/or the Embraer 175," Northwest said. "Final selection is expected to be made in April 2006." Compass would fly the -900s with 12 first-class seats and 64 in coach, while the Embraer 175s would be configured for 11 first-class seats and 64 in coach class.
Northwest is drawing from its own management to run Compass. Former US Airways executive and current Northwest CFO Neal Cohen is Compass's CEO. Dan McDonald, current VP-finance and fleet planning at Northwest is Compass's senior VP-business development. The Compass team is rounded out with VP and Secretary Mike Miller, who currently is Northwest's VP-law and secretary.
Compass is receiving $4 million in capital from Northwest. Projected operating expenses at startup are about $1.1 million, growing to about $14 million during the first year of operations.
Previously, Northwest said furloughed mainline pilots would have first rights to jobs at the subsidiary on a separate seniority list