Originally Posted by
cficfiimei
My general concern with Air Wisconsin, is that after their contract with United expires in five years, they probably won't be resigned with another carrier. I maybe see more long term stability in another company. Or, should I not be worried about that? I have heard good things about AWAC.
AWAC is the second oldest US carrier to have never declared bankruptcy, behind only Alaska. They are over 50 years old and still going strong. My concerns for them are their owners deciding at the end of the end of the 5 year deal to close shop or (more likely in my mind) we see consolidation at the regional level as the shortage becomes worse. That's dependent on the 1500 hour and age 65 rules remaining as they are. AWAC's owners have more than enough cash to buy several regionals several times over so I think they are positioned well once they have to start spending their bread.
I spent 9 awesome years there. They are managed well but keep strategic information close to the their chest. The next big thing will be securing their next pilot contract.
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