Old 04-25-2012 | 02:06 PM
  #41  
Airsupport
Gets Weekends Off
 
Joined: Jan 2007
Posts: 2,356
Likes: 0
From: CRJ
Default

Originally Posted by tennisguru
Not over 150 A/C all at once. Even if you spread it around there would still be a huge lag as every other carrier would have to ramp up hiring and upgrading to absorb the new airframes they would be receiving. If they did a longer wind down, then it would be possible. But if we go Ch 7 then there would be no orderly wind down.
Remember its nearly 200 planes that would be parked. Ch 11 has the option of an orderly wind down. In ch7 there is no orderly wind down. Creditors get in line and stuff gets sold. Unfortunately for our creditors we own a bunch of computers from the 80's, some swivel chairs, gpu carts that dont work, and lav carts full of ****. It is in all of their best interest we keep flying because that is the only way they will get money from us. Delta cant park 200 planes by this summer and they wont be able to staff them in time to move them around. Plus now that the have used the bankruptcy process to get colgan off our certificate they will have a hard time reneging in front of the BK judge on the extension they gave us on the 200s and 900s. They are now the sole reason we can survive.
Reply