just for fun i hope.....
You guys sure provide a hopeful breath of fresh air to an otherwise hopelessly stagnant, holding on to dear life, irrelevant operation that was pillaged, plundered and ridiculously mis-managed. If there was any truth to the abx-pace deal, it wouldve happened long ago. What has happened tho is: abx has expanded overseas with a foreign carrier, bought more 767 lift, and is now a takeover target of ASTAR, which they might as well do, since abx is astar's biggest subcontractor. Pace has nothing that abx wants. ABX already has their own MX ops, (pace offers very little here when you take into account that any suitor would also have to absorb any all all possible debts by pace(which far outweigh any benefits of a 145 acquisition). Brooks turned an otherwise healthy little 121 airline with good relationships, decent balance sheet, client list and great bunch of people and rolled it on one throw of the dice.
Pax ops would only serve as a worsification of what a cargo airline does (read: not a diversification). why would any self-respecting cargo airline now want to get into bottom-feeding pax junkets to casinos, or islands?
i doubt if pace's ETOPS is still current and even if it was, it would be a tall order to get any ETOPS capable aircraft at decent prices today if it were a 75, anything else and you now involve adding a new aircraft to the certificate.
all in all, the cons heavily outweight the pros here for anyone to acquire pace. i hope you guys are speculating for entertainment's sake because pace offer no value for the cost in most departments, they went from a 22 aircraft airline to a 2-3 plane company. (their website hasnt been updated since hooters air was a going concern). It has been a sinking ship, all the rats have abandoned it and quite frankly, what kind of success do you expect from an airline that pegs its hopes on someone coming in with money? to do what? buffet could pump billions into this place, but with the current management in place nothing would come of it except money thrown down the tailpipe's of their fuel thirsty JT8D's.
Hope you guys have a plan b,c or d.