Originally Posted by
iPilot
Looking back at the last time a regional went BK (Independence/ACA?) it was definitely a hands-down Ch. 7 affair. The CRJs were parked for years and the A319's were simply transferred by the leasing companies to different airlines as fast as they could get repainted. They had the place stripped and buttoned up really quickly. There wasn't really anything there that didn't get reposessed immediately by the owning company.
That was a whole different scenario...indy was NOT a regional, when they ran out of money, they were done. In the case of mesa there might (or might not) be some flying which still needs to be done. If I had to guess the airways 900 flying has the best chance of surviving, since those 900's cannot be easily replaced...a mesa-light consisting of 40 900's and maybe a few dash-8's would be staffed by about 500 pilots (and hopefully a new CEO). Actually those pilots might make out...the judge might give them an "industry standard" contract.