Originally Posted by
Killer51883
you might have missed what he said during the Q4 conference call. He said the new way of billing the fixed fee for the fuel and aircraft not flying would not greatly effect the profitability of the fixed fee flying. This is the same shell game he used during the shuttle america purchase. He put all the saab leases from shuttle onto chautauqua to claim financial hardship and fire FO's out of seniority. Its all a game to convince the arbitrartor that he cant pay us a real salary.
No he didn't. Shuttle America got stuck flying all the POS Saabs that Chautauqua stopped maintaining. Shuttle picked up the lease payments and entered into a new crappy agreement with USAirways requiring preferential interviews for the furloughed Potomac pilots. Wexford did this to get the Saabs off the Chautauqua certificate to make the RJet IPO look better.
The pilots were fired out of seniority based on what equipment they were flying. This was all done years before the official Shuttle America purchase. This was done when Wexford bought S5.