Originally Posted by
200Driver
The delta TA is what will be the nail in 9E's coffin. Even If they receive some of the 76 seaters delta (TA) is going to get, it won't make up for the number of 50 seaters lost. I have to think the 76 seaters will be spread among ComAir, ASA, and 9E. This doesn't leave to many to go around but who knows.
Or it could be a blessing in disguise.... with Delta as the DIP, if 9E defaults on the loans (which they will if they loose a lot of the 200s) then Delta takes ownership of 9E. That means they wouldn't fall under the auspices of the TA because the wording is for "subsidiaries". As a wholly owned subsidiary they can circumvent the current wording in the TA.