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AviatorTim said:Our principle investor Wexford wants pay concessions. If our pilot group votes for them, we may get jets fairly quickly and expand rapidly. If our pilot group votes down concessions, we may be out of business in a few weeks or months.
Wexford doesn't have to get into some other industry, the majority of their investments are already outside the aviation sector including many in, interestingly enough, liquidating bankrupt companies.embdrvr said:Do you think that you have to fly for less than Mesa or Wexford and friends will fold up their tent and their tents and get into some other industry?
Very feasible since the leases on the Saab's are expiring now so they have minimal long term liabilities.How feasible is liquidating the assets?
They are currently evaluating the proposed contract which none of us have seen so any talk about it now is pure speculation and mis-information based so there's not much point writing more till the facts come in.
WTF is your union doing for you?