Originally Posted by
BayBum38ft
Matlin Patterson is the hedge fund group and its based on what World and NAA crews have said recently and some inside info I got a while ago that appears to be coming to fruition. Not trying to be mean or anything but I was at ATA when they shut down just a FYI
What I've heard is not a dismantling but a restructuring of both companies (World and NAA), World will probably be getting out of the pax business which will be left to the NAA side , and World will be the freight side. There's a lot more too it and all the details are supposed to be announced in a couple weeks in conjunction with SEC filings. This info is from someone who works with a consulting firm hired by GAH. We will have to wait and see though....
sorry for the thread drift...now back to the Atlas hiring discussion....