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Old 06-09-2014 | 12:16 PM
  #6350  
Nevets
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From: EMB 145 CPT
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Originally Posted by PeezDog
Quote:





Originally Posted by Captain Tony


SkyWest Airlines is a subsidiary of SkyWest Inc. just like we are. In the Mesaba bankruptcy, MAIR bankrupted Mesaba, but left the holding company and Big Sky airlines solvent (Big Sky was later liquidated). SKYW, INC could do the same, bankrupting ExpressJet and leaving SKYW and SkyWest Airlines solvent.




Understand. That's like me not wanting to pay my credit cards, but pay everything else, and then claim I'm bankrupt only to my credit card portion of my debt and have everything else remain untouched. It doesn't make sense, nor seems eithical to allow a buisness to get away with things like that. God knows an individual couldn't But hey, if thats the law, then so be it. Love America!
I haven't taken the time to look it up and I wouldn't put past attorneys to get away with unethical practices regardless, but it seems to me that the question to ask to see if there is a valid comparison, is to ask if Mesaba reported their earnings separately from Big Sky or any other company owned by Mair Holdings?