F9niner

Wow.. you have it all worked out!

FIT59

It is interesting that SWA wants the Airbus fleet gone within 24 months. You gotta wonder who will acquire them, and is SWA at all concerned about a competitor receiving those airframes?

tortue

Why, United could acquire those fancy Airbus planes. Then, they could spin off a separate part of United, perhaps with a catchy name (maybe a variation of the word United...). It could fly to popular holiday destinations and it would be all the rage across America. An idea like that surely wouldn't fail.

Only way for United to fund such a great effort like this might be some shuffling around of offices and cutting pay, benefits, people, etc.

Lets get crackin Tilton, this idea is sure to work.

ToiletDuck

Exactly. From what I've read they are on very shaky ground and looking for investors.

IFlyEm

The investors are in place. 6 US investors wanted to get in.

IFlyEm

Yeah. We are going out of business any day. Why don't you share the balance sheet with us? Not sure HOW we are going to grow by 22 airplanes in the next 1-2 years.

Guess you should give Cush a call and let him know how the financials are.

sailingfun

Why have they not then? It would end the investigation and preserve the operating certificate.

DAL4EVER

I encourage them to buy the fleet. When you are losing money with a small fleet, a bigger one is better. Double the pleasure, double the fun.

FlyinPiker

"Hey everybody!!!! Some Airbuses might be hitting the the street and we might be interested in operating them!

(SW might already have a plan for these down in Mexico with their new partner that just happens to operate 319's/320's, why give them to a direct competitor? )


In my opinion this was nothing more than an opportunity for Virgin America to put their name in a press release in hopes of getting more investors attention ( even if they do have some, they will need more). I can see no other point in creating a press release that basically said nothing.

Rabid Seagull

Cush said there have been no changes to Virgin America’s investor base and board. The Wall Street Journal reported in March that majority shareholders Cyrus Capital Partners LP and Black Canyon Capital LLC sold stakes to Branson’s Virgin Group Ltd., the London-based parent of Virgin Atlantic Airways Ltd.

Broader U.S. ownership may deflect claims by Alaska Air Group Inc. that Virgin America is violating federal laws limiting foreign ownership of domestic carriers to no more than 25 percent of voting stock.

“The DOT is satisfied with what we are telling them,” Cush said. “I’m hopeful that in the near future we’ll have resolution to it.”

.............................................
Yes, nothing on paper, but as long as they keep on "telling them" it's o.k., it must be o.k.