Originally Posted by
dalad
ASA was never acquiring 737 or DC-9 aircraft. The only thing I ever heard was Comair buying DC-9 or 737 aircraft in the mid 90's. We had scope in the 1996 contract that would have prevented any of that. I believe Comair was attempting to acquire the aircraft for a "charter" operation. That was almost 20 years ago so I may be wrong. The only "large" aircraft allowed in the 1996 contract were the BAE-146's and ATR-72's that ASA already had acquired.
They (Comair) entered a purchase agreement for Spirit Airlines. In the contract there was a due diligence clause. They used it to back out of the deal.