SkyBus not done quite yet, might fly again

[troll565]

Skybus founder 'working on a plan' to revive carrier​

Skybus founder John Weikle is "working on a plan" to get the ultra-low-cost carrier back in the air again, according to the News & Record of Greensboro, N.C. Weikle's comments on reviving Skybus came just days after the carrier halted flights, stranded passengers and declared bankruptcy.


"John Weikle said Monday night from Dayton, Ohio, that he had been working all weekend to build a team that could reorganize the airline and restore service," the News & Record writes. "I wrote a letter to the board today and said we've got to find a way to save this — save these 450 jobs," Weikle tells the paper.


How does he plan to do it? Weikle says the carrier still has about $10 million in cash to work with, which he believes will be enough seed money to lure new investors. The News & Record writes "Weikle is working with Mark Sparling, his vice president for finance during the founding of Skybus. Sparling and Weikle left Skybus not long before it began operations because they disagreed with the board’s direction and its choice for chief executive officer, Bill Diffenderffer."

 

[CA1900]

10-to-1 the shysters try to get millions out of Greensboro for a new "hub." Because the $57M of incentives that Columbus gave them worked out so well...

 

[fam62c]

Wow, 10 million in cash; that should certainly be enough to "lure" new investors in an era of $110/bbl oil. The sad part is that in this industry they may very well find someone crazy enough to bankroll Skybus II. If I were the aircraft lessors I would repo those planes pronto well I could still find an asian or mideastern customer for them. If Skybus starts again and buys the farm a year from now there may be a worldwide recession and the planes might have to go to the desert. I wonder if he's using any of the 10 million to keep those 450 employees on the payroll so he will have trained employees for a restart?

 

[Colonel Savage]

It's sad to see someone corrupt and manipulative like that raising expectations and hopes of the former employees after luring them away from their previous employment once before and then screwing them.

The business model was a scam, the hyped up stock options plan for the employees was a scam, and the cut and run investors were corrupt.

They have a lot of ba!!s, I'll give 'em that, to say "Oh, let's try that again! It was so much fun the first time!", but it's time for those opportunistic speculators to do the rest of the industry a huge favor and go to he!!.

And I wasn't even there!

 

[climbhappy]

the greensboro airport already pledged 52 million in terminal improvements. did that last fall.



sounds like somebody with pointy cowboy boots needs to come over and kick the skull of skybus in , so it doesn't move anymore. then it's dead.

weilke is the idiot who thinks charley west can support a low cost airline.

 

[vixin]

I wonder how many employees would return to such a great company?

 

[F/O]

Yah, OK. It's a little late for an April fool, bro. Skybus will fly when pigs fly.

 

[SpauldingSmails]

What's more entertaining that watching a train-wreck? Watching it wreck over and over again.

 

[Dumb Pilot]

I wonder how many employees would return to such a great company?

We could have never imagined that pilots would work for less than regional pay on an LLC. But then again

 

[flyipilot]

LOL....I want to know who the worlds dumbest bank is that is going to help them get back in the air. How stupid is it to even think of starting up an airline in this economy. I say let them.....it is fun watching them come and go. I just hope you former employees do not go back but, if you do..you know now you really are desperate. I would rather push carts at a Wal-Mart parking lot. I think they should start a railroad...yes...Railbus...or Skytrain...either way it would be better for the aviation community.