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Old 02-28-2012, 10:21 AM
  #3101  
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Originally Posted by BOGSAT View Post
Anyone have the latest in terms of interviews continuing, calls or letters from the Feb. interview groups, schoolhouse gossip, future 76/74 class dates, etc.

How many days of interviews took place in Feb.? Four (Feb 7, 8, 9, and ?)? Did only the two 76 typed guys got the call? Did they officially get a class date?

With the 200 situation being shaken out, just trying to speculate when classes will start to be filled by those treading water.

Thanks!

Interviews were held Feb 7,8,9, appox 30 interviewees, 15 of those interviewees made the cut..my group on the 8th were all 757/767 typed.
A few of the interviewees have been invited to Mar 19, 767 class.
The remaining interviewees are still in limbo hoping to hear something this week?

The latest class rumors is 2 -767 classes followed by a 744 class in June..

Hope that helps....
How do you know that 15 made the cut? Any info on what is going to be the size of those 76 classes? Thanks for the good info.
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Old 02-28-2012, 02:20 PM
  #3102  
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Originally Posted by DC8DRIVER View Post
Atlas already has an established charter pax business for both the 744 and the 767 (with both military and civilian customers for each). My understanding of the way that Atlas grows is that they only acquire airframes when they already have business lined up for them.

And Atlas already has a JFK 744 and 767 base. Not to say that they aren't looking to grow, but, as has been said, Atlas has a pretty full plate right now and they seem to be very prudent about not biting off more than they can chew.
True, but if they take the Global assets they want, they'll get the Global contracts, too. Instant growth. No risk.
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Old 02-28-2012, 03:28 PM
  #3103  
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Originally Posted by Whaledriver View Post
Don't sweat it. It's the same fleet slide shown to the investors a week earlier.

BTW, Polarfr8dog, it would be gone except for your need to "Quote".

Yeah, that's fine from if the post is from the investor side of the house . . I was only looking out for the employee exchange slide. I'll crawl back into my hole and lurk on the boards instead of posting. This is why media outlets always say that have a "source." Therefore, you don't have to put your name out there for liability.

I left the quote with the other information without exposing the numbers but I'll go delete that one as well.
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Old 02-28-2012, 04:24 PM
  #3104  
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We had a couple of friends furloughed from Fed Ex
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Old 02-29-2012, 04:05 AM
  #3105  
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Originally Posted by Fishfreighter View Post
JonnyK,

Pretty close. Global parked all their MD-11s. The only airplanes left are 2 World 744s and the NAA 767s.

."
That is incorrect - the way things are going it may be true in the near future but not true today.
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Old 02-29-2012, 08:34 AM
  #3106  
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Fish,

I don't normally post here but I must say I don't know anyone on this entire website that posts more rubbish than you do. Not sure where you get your intel but thank God most people know what a wind bag you are and hit the "delete" button as soon as they see your thread. By the way either change your name or your icon - a whale is not a fish it's just one more little piece to your puzzle that isn't quite right.
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Old 02-29-2012, 10:52 AM
  #3107  
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^^^^^

Now THAT'S the most logical and intelligent thing I've read on ANY aviation forum.
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Old 02-29-2012, 02:41 PM
  #3108  
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Originally Posted by Fishfreighter View Post
True, but if they take the Global assets they want, they'll get the Global contracts, too. Instant growth. No risk.
Way off base in your assumptions. First, you assume that the contracts are done in a manner that Atlas would negotiate them. Knowing the basis for how they do them, I'd say the contracts might not be worth the hassle of trying to integrate into their process if they are not as lucrative. Or the attendant risk of risky language.

Unlike other carriers whose managements are from the industry, Atlas' management has never felt the need for "instant growth." They grow and buy to meet agreed to demand.

Further, were they to take assets, the smart money would be to wait and buy them out of the bankruptcy at a greatly reduced price.

Just a couple of reasons they have been profitable and continue to be.
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Old 03-01-2012, 01:28 AM
  #3109  
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While buying the assets out of Chapter 7 make economic sense to the average bean counter, ask yourself this question...

Is it cheaper in the long run to buy a turnkey, proven operation or to grab some airplanes and then try to staff them, especially if they are already operating the largest military contracts?

Personally, if the price is right AND if I had already approached the Company with a buyout offer, I'd choose the former.

And how do you explain the little fact that the VP of NAA Inflight just dropped an app to Atlas? Think she might have some "insider" info? Somehow I think her info is better than tha average Atlas line pilot.
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Old 03-01-2012, 04:49 AM
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Originally Posted by Fishfreighter View Post
While buying the assets out of Chapter 7 make economic sense to the average bean counter, ask yourself this question...

Is it cheaper in the long run to buy a turnkey, proven operation or to grab some airplanes and then try to staff them, especially if they are already operating the largest military contracts?

Personally, if the price is right AND if I had already approached the Company with a buyout offer, I'd choose the former.

And how do you explain the little fact that the VP of NAA Inflight just dropped an app to Atlas? Think she might have some "insider" info? Somehow I think her info is better than tha average Atlas line pilot.
What I don't think you are grasping is that Atlas already has very lucrative AMC contracts. They already are a PROVEN operation. And a very lucrative one at that.

Yes, you might well make a decision as you say. Atlas' track record of sound business decisions pretty much speaks for itself.

So the VP of Inflight at NAA "dropped" her app to Atlas. Trust me...if she was that good or talented, they would have approached her. But...assuming you have inside information...which I suspect you do not...Atlas already has an Inflight department head who already knows Atlas procedures and policies. So unless things are a train wreck...which they are not...WHY would they hire this person? Unless she wants to work as a F/A...in which case she will compete like everyone else...

I can give you one piece of information that you CAN take to the bank: Atlas will not...repeat...will not...buy any operation that will involve the merging of seniority lists. They might buy assets...and maybe even offer preferential interview and hiring opportunities...but they will not buy an operation and go through an integration process or the risk of absorbing any employee group that they haven't had the chance to screen themselves.
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