Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Actually, Atlas wanted to buy North American, for their 76's. In the 11th hour, their management said take World/North American or nothing at all. Atlas walked. This was told to me by an ex union head.
The Southern certificate at first looks good for the quick 777 add on, but on further investigation their ETOPS status is questionable at best and would have problems transitioning to Pax operations. The lack of a coherent ETOPS program would not be allowed to evolve to the Pax side that Atlas Holdings was initially interested in without considerable investment. The initial proposal was for about 40 cents on the dollar, but on further findings they are only worth about 20 cents on the dollar and have serious issues regarding certification standards.
So, just to be clear, an offer was made? It was just a low-ball offer?
Southern sources are saying it's a done deal, but includes only a couple 777's. What is the current Southern fleet?