Old 05-08-2019, 05:14 PM
  #6  
woog315
Gets Weekends Off
 
Joined APC: Apr 2015
Posts: 221
Default

Originally Posted by ChopperHopper View Post
Glad you cleared that up. For some reason the Swift-XTRA merger/acquisition/buyout/etc/etc/etc had been out there for a while. XTRA sold planes and book of business to Swift. Period. Certificate is alive and well and belongs now to an aviation expert. Pilot Pay Scales will be competitive. Comparable to the rest of the ULCC and LCC out there. HQ will most likely move out of Miami, so Miami will not be a base. This does sound very promising. First of all it is NOT a start-up. It's an already established +30 year old 121 Flag, Domestic and Supplemental Air Carrier. Andrew Levy isn't new to the aviation industry. He shaped Allegiant's business model and made it the money maker it is today. Has the experience of being part of one of the largest Aviation Holdings as United's CFO and left that multi-million dollar job to start the XTRA project. XTRA Airways certificate is valuable. It's a pre-Value Jet certificate which allows the Airline to add as many air-frames to the certificate without going through DOT approval. Hope Levy gets his ducks in row ASAP. And I personally think pilot hiring will not be an issue.
Uh, they sold off their planes and all their business... it *is* a startup just using an existing certificate...
woog315 is offline