Originally Posted by
Releasemaster
This new board was appointed by creditors with serious experience in airline aquasiitions and mergers. Maybe this rightsizing has something to do with fattining the calf.
Most 200s will be gone next summer, maybe it makes sense to take the 5 700s from UAX and replace the current Go 200s, thus elemnating the 200 fleet alltogether.
I still think this new boards main goal is to recoup the money owed to the creditors in short order by selling the company. They probably kept the current mgmt team beacause the new
Directors have no interest in running an airline, rather setting it up for sale and letting the buyer deal mgmt house cleaning.
Any idea on when people could expect to hear any additional news? Or when additional furloughs will be recalled?