Bluestreak
Fitty-Six F100's rock
- Joined
- Nov 26, 2001
- Posts
- 375
Go over to www.usaviation.com and read the USAirways forum scope relief thread.Chip Munn,USAir A320 Capt.who claims to have the "inside scoop" (but he's often wrong) said this:
"Expect ALPA to grant EMB-170 and CRJ-700 scope relief shortly, which could permit 25 CRJ-700s, destined for PSA, to be allowed to be flown at PSA or an affiliate carrier. In addition, the EMB-170 may receive relief to be flown at a US Airways Express affiliate carrier, with the likely candidate Chautauqua Airlines.
In addition, ALPA will permit the aircraft identified above to be flown with a 50-50 J4J split, versus staffed 100% by APL pilots.
In return, the company may commit to a minimum MDA EMB-170/175 fleet plan.
These negotiations will remove all obstacles to "spin off" PSA, which will permit the company to pay down the loan guarantee and obtain ATSB EBITDAR relief. Moreover, GECAS has committed to finance all delivery positions unless S&P lowers the credit rating from B- to C+.
Finally, some time in the 2nd quarter, Allegheny/Piedmont could be "spun off" as well.
These moves will improve the company's financial positions, liquidity, loan guarantee restrictions, forward looking debt service, maintain feed/a revenue stream, and eliminate potential corporate combination scope issues. In my opinion, Mesa Air Group or Chautauqua will be the bidding war winner for PSA, the RJ delivery positions, and Allegheny/Piedmont. Furthermore, this will consolidate RJ operators to three companies, MESA, Chautauqua, and TSA.
Respectfully,
USA320Pilot"
"Expect ALPA to grant EMB-170 and CRJ-700 scope relief shortly, which could permit 25 CRJ-700s, destined for PSA, to be allowed to be flown at PSA or an affiliate carrier. In addition, the EMB-170 may receive relief to be flown at a US Airways Express affiliate carrier, with the likely candidate Chautauqua Airlines.
In addition, ALPA will permit the aircraft identified above to be flown with a 50-50 J4J split, versus staffed 100% by APL pilots.
In return, the company may commit to a minimum MDA EMB-170/175 fleet plan.
These negotiations will remove all obstacles to "spin off" PSA, which will permit the company to pay down the loan guarantee and obtain ATSB EBITDAR relief. Moreover, GECAS has committed to finance all delivery positions unless S&P lowers the credit rating from B- to C+.
Finally, some time in the 2nd quarter, Allegheny/Piedmont could be "spun off" as well.
These moves will improve the company's financial positions, liquidity, loan guarantee restrictions, forward looking debt service, maintain feed/a revenue stream, and eliminate potential corporate combination scope issues. In my opinion, Mesa Air Group or Chautauqua will be the bidding war winner for PSA, the RJ delivery positions, and Allegheny/Piedmont. Furthermore, this will consolidate RJ operators to three companies, MESA, Chautauqua, and TSA.
Respectfully,
USA320Pilot"
