Originally Posted by
Toose
Did you not get hired or busted a AWAC checkride or something?? This is a second time I have heard you make that false comment about awac buying flying. Get your facts straight.... You fly for Colgan a company saved by Pinnacle. Both companies have just recently emerged as a decent regional carrier because of your NEW contract.
Unfortunately that statement is some what true. They gave US AIR a 125 million dollar loan to place those 70 CRJ's into service with them. In a sense they did "buy" that flying, but I am sure they got a very good return on their investment. At the same time they took a huge risk. If US AIR would have gone out of business before that loan was repaid they also could have lost a good amount of that investment. One thing is for sure is that the owners of AWAC are very quiet about their motives. That was a small part of the reason I left AWAC after being there 3.5 years, we just never knew as employees what was going on in regards to our futures.