Originally Posted by
BlueSkiesAhead
I'm really not a doom and gloomer by nature, but let's be honest for a second here. The owner's are simply not going to budge on their high profit margins that they expect out of a contract, and the employees are not going to take any more concessions in pay. The company seems to have less than zero interest in larger aircraft and the higher pay scales that would come with them. With these things in mind I just don't see how the company is going to exist past 2015. It's not exactly a secret that nobody wants 200's anymore.
Right-- Add into the mix that the owners would have to take a much lesser risk in 2015 than they did in 2004/05. They had aircraft in 2004 with 10+ yr leases left. Now we are left with a company in which the owners can park airplanes at a much less risk. My money is on repo flights to CA and AZ.
These owners are used to high profit margins in this world they should move on and invest into better industries. In the meantime be honest to the employees for once that they are shutting this place down! Easier said than done to leave this place but anyone on this property should be "Looking for a new job"