Who's Would Buy PSA?

[Space Wrangler]

Who Would Buy PSA?

If UAIR tanks, who would possibly be a taker for PSA and Piedmont?

 

[BigDave]

This would be anybodies guess. If I was a guessing man I would say MESA or SKyWest. Both operate the CRJ and both have money. I know that SkyWest could put the CRJ to work for United pretty quickly out of ORD. As for Pedmont, mabey MESA would want the Dashs for their Colorado stuff, who knows just guessing.

I did hear a rumor in April that ExpressJet was looking to buy PSA. Does not make sense to me, but who knows.

 

[FSB99]

this really doesn't have anything to do with anything, just a thought i had.. i remember some months back when xjet put up an offer to buy pinnacle, but it fell through.. a lot of us were saying, but why? they fly crj's, we're an all erj fleet... management was touting their single fleet type and the benefits associated with that, etc.. but, here i am thinking, i know it works for southwest, and all.. but, why is it such a good thing for one airline to have one type of airplane? what if a massive ad comes out for the erj's.. xjet is shut down? if the holding company had some other airline out there operating the other popular small jet type, at least their stockholders wouldn't lose everything immediately.
just a thought.

 

[belchfire]

Grounding an entire fleet is
rare, but does happen sometimes
as was the case of the improper
maintenance practices pre-loading
and damaging the engine mounting
structure on the DC-10.

The 73 has been around for so long
and SWA has a broad range of
SN's that loosing the fleet as a
whole is not really much of a
probablity. I don't know about
the ERJ and coex. There are
advantages to both single and multi-
type fleets.

My real hope is that somehow
Airways figures out that they
need to stop handing CEO's $4M
every time they quit and are
able to against all odds turn this
thing around.

 

[OPECJet]

I could see PSA getting bought by someone, won't speculate on who. No need to do that. There's enough heartburn within the W/O system.

That being said, I don't think there would be many takers for Piedmont. The good Dashes are leased. Most of the owned ones are very tired, with a few exceptions.

 

[WSurf]

Very true, our Dash 8's are looking pretty raggy lately! I don't think anyone would want to buy a senior pilot group with worn out Dash 8's! I can see the name being taken and used in the SouthEast again! There's still people today that wished the old Piedmont Airlines was back!

 

[amcnd]

First there has to be a codeshare that wants more flying. Then someone how wants to take on the risk. With alot of majors in C11 or close to it, I think it could sit unsold for a while.

 

[Tooslow]

who would buy anything tied to US Air? Maybe after ch 7 for the planes?

 

[PalmettoPilot]

MESA, JBlue, Virgin Atl.

We were told a few weeks ago that 3 offers had already been made for PSA. Jet Blue, Virgin Atlantic and another which we speculated to me Mesa. All of those offers were declined at the time, this was prior to Sept 12.

 

[Bako Cap]

There's no reason to buy any of the WOs. There is less cost and less hassel to just buy the parts and start new ops.

Do a search for Westair. This topic has been discussed before.

 

[KeroseneSnorter]

There's no reason to buy any of the WOs. There is less cost and less hassel to just buy the parts and start new ops.

Do a search for Westair. This topic has been discussed before.

I am inclined to agree. In the current market it would make more sense to just buy the planes. No need for the rest of the baggage. After all a new owner would be able to hire the same pilots for first year pay anyway and not have to deal with senority integration or contract issues.

This is my take on it in a CH-7 senario.

Ch-11 deal may be different but I don't see U giving up the jets unless they continue to fly in U colors for the feed. So my take would be Mesa if it is sold intact......which for the pilots is not much better than my ch-7 senario.

 

[boeingdriver213]

What is there to buy? I think all the planes are leased. The only thing available for sale is the operating certificate. Seems to me U sold everything during the last BK.......

 

[Sir Humpalot]

Not long ago, Virgin America made the offer to buy PSA and USAir shot them down. VirginAmerica went away and started looking at other options. Now with USAir filing, things have changed and Virgin America are starting to lick their fingers again. A good source, who is part of the start up management team at VirgAm, told me about it couple of days ago. For them they are hoping that USAir goes ch7 so that they can get dibs on the crjs and their pilots. The way he stated it to me is that they dont have to start fresh, they already have sets of crews available and planes. That way they dont have to go into some sort of long purchase plan and hire new pilots.

If you look into the regionals on the east coast and compare it to the regionals on the west, the strategy makes sense. PSA already has a profitable route structure on the east and the competition on the west is limited with only skywest and horizon. The ideal scenario for VirgAm to fly up and down on the west coast by day and fly cross country at night and early mornings. They would do the same thing as the JetBlue model. They would use the crjs for feeder routes and a greater frequency on the popular routes (ie...sfo to psp, sfo to las, sfo to lax, sfo to pdx).

VirgAm wants to compete directly with UAL and UALexp for market share in san fran. The sfo airport kind of sweetened the deal by giving them the entire old international terminal and lower operating cost out of san fran. PSA crjs would easily fit into that niche with Virgin. To support my claim, couple new hires on IOE at PSA spoke to the chief and he also said that Virgin seems very interested and the chief pilot at Virigin America used to be the asst chief at USAirways.

 

[the turtle]

PSA has no route structure.

 

[Tooslow]

PSA is ran out of a hanger, I was very dissapointed when I interviewed there early last year.

 

[CRJDog]

PSA is ran out of a hanger, I was very dissapointed when I interviewed there early last year.

It's ok, you are just an idiot.

 

[BRA]

hey those safe's are doing it!!!!!! it took me four times to see that picture to understand what was going on! excellent.

 

[BRA]

.....

 

[The_Russian]

Air Midwest

I heard rumors around managment that GIA is going to take over all of Air Midwest's routes out of florida and the bahamas. We are also going to aquire four of their aircraft. PSA was supposed to come down to FLL and share the USair hub that was going to be built in feb. They were going to do a lot of Key west flying in AIr midwest's place.

 

[SEFlyer]

I heard rumors around managment that GIA is going to take over all of Air Midwest's routes out of florida and the bahamas. We are also going to aquire four of their aircraft. PSA was supposed to come down to FLL and share the USair hub that was going to be built in feb. They were going to do a lot of Key west flying in AIr midwest's place.

Don't know if you're with GIA, but over at ZV that's the rumor too...