Originally Posted by
Fishfreighter
JonnyK,
The Atlas CEO has expressed publicly that Atlas wants to get into the Charter pax biz in a big way. Absorbing the Global assets would give you guys an instant turnkey Charter Pax business.
The other thing that would do for you is negate the downside of training/hiring issues in a start up deal. You'd have qualified crews and airplanes in place. There has been a persistant rumor that Atlas wants an East Coast base. JFK is perfect for that because it reduces the travel costs for positioning crews where the planes are.
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Atlas already has an established charter pax business for both the 744 and the 767 (with both military and civilian customers for each). My understanding of the way that Atlas grows is that they only acquire airframes when they already have business lined up for them.
And Atlas already has a JFK 744 and 767 base. Not to say that they aren't looking to grow, but, as has been said, Atlas has a pretty full plate right now and they seem to be very prudent about not biting off more than they can chew.
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