Thread: Colgan Pilots
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Old 04-02-2012 | 03:44 PM
  #41  
FlyingKat
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From: Taco Rocket Operator
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Originally Posted by jayray
I'm wondering if this place will be around in 5 years. Performance is going to be a huge issue in the next few months - just like it was at Mesa. The show is now run by Delta, I'm betting they will find a way to wiggle out of the 200s when the time is right. If 9E doesn't find new flying fences won't matter, you might never get a chance to upgrade here.

Exactly. Also keep in mind the creditors committee does not have to follow management's plan. They can come up with one of their own, or accept a competing bid from the outside. For the creditors it is all about getting as much of their money back as they can....

The fact that we had to go begging to Mother Delta for a loan because no bank would lend us any money does not bode well for our future.....
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