Originally Posted by
Cujo665
it’s already been formed. Is still under the radar. Has Wayne Heller as their CEO (formerly of Republic). The parent company is the one that saved Republic, Wexford Capital. They’ll be in a great position to pick up new CPA flying. If you dig around hard, you may find a press release from the middle of last year or so. Other than that, they’re still under the radar.
Sounds like you’re talking about sterling airways...
https://flysterlingairways.com/news/
Wexford went chp 11 and restructured to buy Via in hopes of gaining their certificates operational status again...
Looks like they only owned one e145 and dry leased a couple other 120/145.
I hardly think they’re poised to picking up new CPAs since United has clearly signed the death certificate for the 145.
Anyone picking up new flying would most likely have owned airframes, an excess of trained and current pilots, a nationwide maintenance system, and cash in the bank....
not many fit that description.
Doesn’t look to me like AA is in a position to bargain on something like sterling.