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Two passenger MD-11's and two MD-11F's are leaving the fleet within the next two months. 300 f/a's laid off, and possibly more if 269 goes back to the lessor.

so with all that reduction in airframes how does that effect the front enders?

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Originally Posted by HercDriver130 (Post 1108015)

so with all that reduction in airframes how does that effect the front enders?

Management has indicated that there won't be any pilot furloughs with the current planned airframe reductions. We've lost a big customer primarily due to not having enough pilots. I am hoping that they're finally getting it about staffing levels and that less airframes will bring us to being properly staffed.

Of course, I'd rather we expand and hire. But those decisions are well above my pay grade.

I was in the Bish back in November and ran into a World crew in the hotel lobby. It was the FAs last trip. All of them said they were being f'd when they got back stateside and mentioned several planes were being returned. Good luck to all the World crews!

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Originally Posted by RJtrashPilot (Post 1108200)

Read below...........

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Originally Posted by MD-11Loader (Post 1107981)

Two passenger MD-11's and two MD-11F's are leaving the fleet within the next two months. 300 f/a's laid off, and possibly more if 269 goes back to the lessor.

Quote:

Originally Posted by MD-11Loader (Post 1107981)

Two passenger MD-11's and two MD-11F's are leaving the fleet within the next two months. 300 f/a's laid off, and possibly more if 269 goes back to the lessor.

Chopping 300 F/A's for 2 airplanes? Doesn't World's F/A list number around 450?

It is 250 out of about 500 with more to go if other planes are returned.

I think your numbers are off a bit! I spoke to one of the FA union people and they said it was 172 FA furloughs. That should take us down to just under 300 FA's for the remaining 5 pax MD11's (takes a lot of FA's at 9 per crew).

Those 2 pax MD11's are leaving at the end of their leases to get holes cut in them for freight. That had been the plan since they were first leased - I don't know who is getting them as freighters.

It shows just how understaffed we were in the cockpit. Losing 4 airframes out of 20 total and we are now properly staffed!

The Appeals Court ruled against ATA and it's award from the FDX lawsuit. Based on what is stated in GAL's Q3 (10-Q) financial statement and it's restructuring plan, I would be concerned about the viability of the company. Below is an excerpt:

SEC Info - Global Aviation Holdings Inc - 10-Q - For 9/30/11

Quote:

Our strategic initiatives are focused on, among other things, the cost savings described above, cash to be generated through capital restructuring options currently under discussion with key equity and debt holders, and progress on implementing our revenue initiatives, including increasing revenues through entitlement and rates from our AMC business. We believe that cash generated from operations and to be provided through capital restructuring options, coupled together with the timing of cash outflows and existing cash balances will be sufficient to meet our operating requirements and other obligations over the next 12 months; however, our ability to generate cash through the capital restructuring options under discussion will significantly depend on our ability to implement our strategic initiatives and the absence of adverse developments in the appeal of the judgment entered in favor of the ATA bankruptcy estate against FedEx. We cannot provide any assurances that we will be successful in accomplishing any of these initiatives on terms acceptable to us or at all, which could have a material negative impact on our financial condition or results of operations.

I truly wish you all the best of luck.

S

If you take the time to read all the SEC filings for GAH over the last year (instead of just one paragraph), you can see the bigger picture of the ATA's Chapter 11 estate. 85% of any monies received in the judgment were to go into the estate and distributed to the "company" (World,NA,etc). After you would have deducted what MP would have taken for themselves, I assume the rest would have been to pay down debt or for operations. These monies were only one part of a restructuring plan. Many parts of this plan are already in effect, especially debt restructuring, which beside being paid off sooner, shouldn't be affected by this. While it would have been nice to have this money, I think GAH will survive without it.