Tradewinds goes Chapter 7, then re-starting operationons?

FreightGod

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Looks like a classic case of union busting:

The new company will recall "selected" pilots from the old seniority list, but it will be a "new" company with the old managment and the same old name and the same old address.

Sounds like something Frank Scumbag Lorenzo would have done back in the early 80s..:rolleyes:
 

inline

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Looks like a classic case of union busting:

The new company will recall "selected" pilots from the old seniority list, but it will be a "new" company with the old managment and the same old name and the same old address.

Sounds like something Frank Scumbag Lorenzo would have done back in the early 80s..:rolleyes:

Thought Ch 7 meant liquidation of assests ( airplanes)
 

FreightGod

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Thought Ch 7 meant liquidation of assests ( airplanes)
You are not alone...

Not sure how they are going to do it: Some kind of shell game where assets are being moved around to screw creditors probably.

Also they are applying to the FAA for a "new" certificate.

Some of these guys should probably be in jail, instead they are allowed to start and run a "new" airline....
Amazing.
 

Draginass

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I heard these crooks screwed the pilots out of their accrued vacation money. I'll bet the CEO, CFO, and DO had really nice vacations this year.
 

embpic1

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I know that we had two of the Tradewinds 747s in Oscoda for heavy maintenance right before they shut down. The 747 with GE engines went back to Atlas I believe. The other one with the Pratts was bought by Connie. It should be coming on line soon.
 

YV-135C

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tradewinds was bought by the same dirtbags that own and run centurion air cargo:
alfonso rey and jonny millon.
good luck.
you'll need it.
 

YV-135C

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Yes, he's the CEO at Centurion Air Cargo.
(and VP Ops and VP Mx)
 
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