Someone offers $2M for Chicago Express certificate

[100LL... Again!]

What would a saab operator need with another saab 121 certificate?

 

[bruce]

Probably going to be an airline/regional that wants it for strategic purposes.

 

[TristarCostar]

C8

Better than the 35K offer we recieved from a gentelman in bankruptcy court a couple of maonths ago. Don't laugh to hard, yes 35K for the whole thing!!

 

[SWA/FO]

That was like a few weeks ago...the 35K, right?

 

[TristarCostar]

It was just before ATA accepted the SWA/ATA codeshare in court. Not sure of the exact date, it all seems to run together with all of the change on our property. I must say I am very pleased with the codeshare and what SWA has offered ATA. Hopefully it will continue well into the future as we restructure and build cash.

 

[NEDude]

It would be a quick and easy (if not cheap) way for a Beech 1900 operator to add Saabs to their fleet.

QP

Hmmmm, wonder who that could be? Maybe the same company that two weeks ago was talking about $1.5 million for Chicago Express?

 

[TheBigH]

What would a saab operator need with another saab 121 certificate?

Excentric collection perhaps ? ;o)


The cert won't make any sense but the aircraft, parts, and maybe people will ...

 

[capt. megadeth]

I have a theory......it will be interesting to find out who the undisclosed bidder is.

It was just before ATA accepted the SWA/ATA codeshare in court. Not sure of the exact date, it all seems to run together with all of the change on our property. I must say I am very pleased with the codeshare and what SWA has offered ATA. Hopefully it will continue well into the future as we restructure and build cash.

Please don't get me started on this.

 

[N905TW]

CAPT M says: >>I have a theory......it will be interesting to find out who the undisclosed bidder is.<<

I have a theory too... I wonder if your theory and my theory are similar....
It wouldn't happen to involve the "Wizzard" that we all respect and trust pulling rabbits out of his hat would it?

Oh wait... I think we just figured it out.... CAPTAIN M is the secret investor!!

 

[ALSF 2]

There are still a few more SERIOUS bidders looking over the company for a possible bid. (and when I mean SERIOUS I'm talking of the type that will not leak that they are looking until the bid is due) Obviously, the biggest prize is the 121 operating certificate. And the two airplanes ... They are actually the ONLY 2 planes that ATA Holdings owns, therfore the only 2 that could be sold. Everything else including all remaining aircraft, buildings, equipment, widgets...everything is leased!

Bidding ends on March 7th....Then we will see.

Cheers!