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Old 01-11-2010 | 12:55 PM
  #24331  
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Um Spirit is privately owned by a bunch of money men. They are looking to sell, or so I am told. No red tape there. Just buy them. I am sure that you can get these guys for pennies on the dollar compared to new jets.

Remember we like that phrase, "lightly used" around these halls as of late.
Old 01-11-2010 | 12:57 PM
  #24332  
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Originally Posted by acl65pilot
Um Spirit is privately owned by a bunch of money men. They are looking to sell, or so I am told. No red tape there. Just buy them. I am sure that you can get these guys for pennies on the dollar compared to new jets.

Remember we like that phrase, "lightly used" around these halls as of late.
I hope just buy the planes and the pilots. Their management is darn harsh.
Old 01-11-2010 | 01:00 PM
  #24333  
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Originally Posted by acl65pilot
Um Spirit is privately owned by a bunch of money men. They are looking to sell, or so I am told. No red tape there. Just buy them. I am sure that you can get these guys for pennies on the dollar compared to new jets.

Remember we like that phrase, "lightly used" around these halls as of late.

All of Spirit's Airbuses have the IAE Engines, we have CFM's, I'm sure if they're cheap enough, that won't matter!
Old 01-11-2010 | 01:01 PM
  #24334  
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Originally Posted by iaflyer
I hope just buy the planes and the pilots. Their management is darn harsh.

Their DO came from NWA, I believe.
Old 01-11-2010 | 01:05 PM
  #24335  
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Originally Posted by firstmob
ACL There are so many rumors floating around it gives me a headache-- which ones do you put any credence to?
The one that I won powerball and do not need to work


In reality, many of these all hinge on JAL.

JAL deal or no deal

GUM waiting for approval of a base. Anywhere between 150-300 pilots

New aircraft. That is a real deal. Total of over 40 MD-90s (does not include the JAL 90's) Maybe some more and bigger ones, but once again it is based on the JAL deal

Hiring, short term the JAL deal will decide this as well.

A few others that had not made it here, but they are real too!
Old 01-11-2010 | 01:06 PM
  #24336  
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Originally Posted by Superdad
Their DO came from NWA, I believe.
Yes he did, and he is much hated there from what I gather.
Old 01-11-2010 | 01:07 PM
  #24337  
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Originally Posted by iaflyer
I hope just buy the planes and the pilots. Their management is darn harsh.
Brother it was one errant new report here in ATL. Lets not get our panties in a wad.

My point is that it does make sense on some level if AS is a lost cause. That is all.

Also, fwiw, they now have a CFO which they have not had for some time.
Old 01-11-2010 | 01:10 PM
  #24338  
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ETIC endorsement of this is HUGE

JAL turnaround plan eyes move to Delta group: report | Reuters

TOKYO (Reuters) - A state-backed fund in charge of turning around Japan Airlines (JAL) (9205.T) wants to see a tieup between JAL and Delta Air Lines (DAL.N), Kyodo news reported on Monday.

Deals | Inflows Outflows | Japan

The Enterprise Turnaround Initiative Corp of Japan (ETIC) has proposed in its restructuring plan that JAL form a business tieup with Delta with no capital injected by the American carrier, Kyodo said, citing unidentified sources close to the matter.

The report said ETIC eyed a switch to the Delta-led global SkyTeam alliance in April 2011.

The fund has estimated that an alliance with Delta would give JAL an annual benefit of 17.2 billion yen ($186 million), three times more than what expanded ties with American Airlines (AMR.N) would offer.

JAL is currently a member of the Oneworld alliance with American.

JAL, Asia's largest airline by revenue, will likely file for bankruptcy this month as part of a state-led restructuring, sources have told Reuters.

As JAL appears headed for bankruptcy, Delta and American have been courting it with rival offers of financial aid, eager to gain access to its routes to fast-growing Asian markets and to get a stronger foothold in Japan.

JAL had been aiming to decide this month whether to keep ties with American in the Oneworld alliance or join hands with Delta and the rival SkyTeam group.

However, Transport Minister Seiji Maehara said on Friday a decision would likely be delayed.

(Reporting by Chris Gallagher; editing by Karen Foster)

Last edited by TANSTAAFL; 01-11-2010 at 01:23 PM.
Old 01-11-2010 | 01:16 PM
  #24339  
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Originally Posted by iaflyer
Hey, question, who is buying all the 737s that Delta had on order that they are selling as soon as Delta gets them?
2 lease/finance outfits bought all 38 of the 737-800s we had on firm order.
Babcock & Brown Aviation Finance and Aviation Capital Group.

Babcock & Brown Air Limited

Welcome | ACG

I think Babcock is a subsidiary of a bankrupt Australian hedge fund.

Aviation Capital is really Pacific Life Insurance. The humpback whale guys.

Old 01-11-2010 | 01:18 PM
  #24340  
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So I really have to pay $15 to have my manuals shipped to my house??

That's crummy! Northwest did it for no charge.
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