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Old 03-06-2009 | 10:15 AM
  #11  
flyguy23
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Joined: Jul 2007
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Originally Posted by SAABaroowski
Oh............its out of the HOLY nature of BB? He is not going to save the jobs of Frontier guys, hes going to undercut them with RAH pilots.............

When are you guys going to realize there isn't going to be any jobs left worth going to because everyone seems to be happy flying 70+ seat airplanes for garbage pay.................

No......Its not out of the HOLY nature of BB. Bottom line is Frontier owes RAH upwards of $150 million. That amount was growing at the time the contract was cancelled a while back, and was the reason for the cancellation. BB still wants his money which can be lost during this bankruptcy. This loan will not only make RAH money off interest, but it also protects money owed RAH off the prior contract.

As of right now, this isn't a way to add new flying, but a way to protect money already owed. So yes, that is a GOOD business practice. No CEO would just let that amount of money dissapear. The Frontier jobs will be protected as a result, but you're right, its not why the loan is being made.

You crying about RAH taking over the world with 70 seat flying has no place in this latest loan. Im not going to sit here and say a future contract isn't possible, but its not happening right now or in the near future. There may be reasons to bash airlines flying 70 seat aircraft. There are quite a few operators out there. Not just RAH. However, this has nothing to do with it.