augustwest

Not much here

http://www.wrex.com/story/17097072/rockford-based-airline-files-for-bankruptcy-protection

BayBum38ft

I knew the A-330 was going to be repossessed soon for lack of payment to Virgin so I guess Chapter 11 is not a big surprise.
Been there,done that.
Sorry for those involved.

augustwest

Management became obsessed with getting a larger aircraft for DOD and forgot about running the rest of the airline.

For those of you that don't know, DOD changed the rules for FY11. They split widebody pax into two groups - Small widebody (B763) and Large widebody (DC10, MD11, B744, B772 & A333). This was known in the FY11 solicititation which was published in July 2010. The rule change would cause Ryan to lose DOD entitlement. Ryan missed the rule change. They didn't catch it for several months. When they did get up to speed, management literally became obsessed with getting a larger aircraft. They looked at the DC10 and B744. The B772 was selected for obvious reasons. They identified two ex United/Air India frames. They attempted to nickel and dime the owners. Omni eventually came in and from what I understand paid cash for these two aircraft. They are currently in Omni's fleet. Then Ryan went after Egypt Air B772s. Arab Spring threw a wrench in that plan. Next the Virgin Atlantic A333.

Ryan was sucessful in getting the A333 on the certificate in December 2011. They missed the DOD deadline to qualify for large widebody flying starting in January 2012. They will qualify effective April 2012. They are currently operating the A333 for the DOD but at B763 rates and using B763 entitlement.

Ryan says they spent $7 million in their quest for a single larger frame. A good decision?

Ryan recently furloughed out of seniority. Senior B767 guys on the street while junior MD80 guys were retained.

Now the company is blaming Arab Spring.

This company is completely mis-managed. They need an ownership and/or management change. Hopefully the BK judge will see through the BS and get Ryan back on the right track.

Good luck to everyone at Ryan.

AW

HercDriver130

how do you even manage.... schedule... a SINGLE airframe.... crazy

Grumble

Hope this works out for them and the employees. Rode one of their mil charters to the sand box last year, and the crew definitely did an outstanding job taking care of myself and our company. Really went out of their way and I was thoroughly impressed by them.

augustwest

Ryan International Airlines seeks bankruptcy protection - Rockford, IL - Rockford Register Star

v1uhoh

Dang, you know you could substitute "World/North American" and come to the same conclusion.

Best of luck to all the Ryan folks.

zondaracer

I rode their (parked) 757 a few years back to and from my Mexico spring break vacation.

Thedude

Which team is Ryan in for DoD?

IFly86N

I believe it is UPS; thus the smallest allotment.