Flow
03-12-2019 | 08:52 AM
#172
Line Holder
Joined: Dec 2016
Posts: 1,073
Likes: 2
You never heard of just asset transfer have you. Envoy is not buying compass, if aag moves the planes to envoy there are no pilots involved. The 145 transferred back to envoy from tsh, did not come with pilots did they. Go back to facebook and get some more airline history experience.
03-12-2019 | 09:27 AM
#173
Gets Weekends Off
Joined: Feb 2007
Posts: 1,138
Likes: 0
From: Pawn
I said it in the Republic thread and I will say it here, Compass is a paper airline. They don’t own gates, slots, ground handling or airplanes. They have bodies. Why on earth would we want SLI when envoy could just hire them off the street at cheaper rates and not have to deal with contract negotiations? AAG isn’t as stupid as people think.
03-12-2019 | 10:36 AM
#174
Gets Weekends Off
Joined: Aug 2005
Posts: 3,707
Likes: 0
BigZ you should put that o2 mask away. No one ever state sli
except maybe you. You basically shown your ignorance to acquiring an airline or acquiring the assets the difference. You were trolling or are exactly what you indicate you are.
except maybe you. You basically shown your ignorance to acquiring an airline or acquiring the assets the difference. You were trolling or are exactly what you indicate you are.
03-12-2019 | 11:01 AM
#175
Line Holder
Joined: Dec 2016
Posts: 1,073
Likes: 2
Spitballing
1)To toss ideas around with no expectation of them coming
to pass, to brainstorm.
Go be angry somewhere else
03-15-2019 | 01:28 PM
#178
Line Holder
Joined: Jan 2019
Posts: 65
Likes: 0
It was a six year deal done in 2014, with options to extend. AAG will not extend the option.
I don’t think you’ll be bought at all. I think the AA planes come back, the Delta flying gets pulled back in house to keep upgrades going... and instead of being bought, forcing the new owner to pay high seniority wages, they’ll let it go bankrupt and pick the pieces off that they want for pennies on the dollar. They’ll offer preferential hiring and you get to recycle yourself as new hires saving the companies big bucks. buying it would be the expensive way.
I don’t think you’ll be bought at all. I think the AA planes come back, the Delta flying gets pulled back in house to keep upgrades going... and instead of being bought, forcing the new owner to pay high seniority wages, they’ll let it go bankrupt and pick the pieces off that they want for pennies on the dollar. They’ll offer preferential hiring and you get to recycle yourself as new hires saving the companies big bucks. buying it would be the expensive way.
but seriously..**high seniority wages** that’s like $82/hr at Compass for maybe 50 captains the rest are all on 3-4 year pay making $78/79hr.
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