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Originally Posted by los74
(Post 3793562)
B6 needs the one world alliance not just AA.
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Originally Posted by Flyby1206
(Post 3793567)
and a CBA will be required before we can codeshare with AA.
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Originally Posted by Boomer
(Post 3793570)
Maybe Mgt will say "Screw the CBA" and do the AA deal anyway. Nah, they'd never do that.
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Originally Posted by Flyby1206
(Post 3793567)
and a CBA will be required before we can codeshare with AA.
No it won’t. Everyday regular codeshares are not a violation of the CBA. |
Originally Posted by RiddleEagle18
(Post 3793599)
No it won’t. Everyday regular codeshares are not a violation of the CBA.
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Originally Posted by Flyby1206
(Post 3793620)
Commercial agreement with a Domestic air carrier larger than JB. CBA 1.F.2
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Originally Posted by RiddleEagle18
(Post 3793632)
ah you're right. Forgot about the "similar size" clause.
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I still say there is no way we pull out of Amsterdam. Maybe it becomes summer only, but not out completely.
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Originally Posted by Mikeer50
(Post 3791909)
I really wouldn’t call it a “very intricate” knowledge of anything. 99% of what this person has said is easily known by anyone who has worked for JetBlue. I think it’s most likely a SUPER troll who loves spinning people up (they are doing an awesome job!). If we had 6 BILLION coming due next year you would think someone in Wall Street might have mentioned it by now.
Giving due consideration to your rather rude comment, it appears you have not done your research. You should take a look at the JetBlue 2023 annual report. It absolutely outlays in plain King's English what debt JetBlue has incurred and how they think they can repay it, sort of, kind of, in a round-about way. The financials are at the bottom of the outhouse, bub. With regard to your further comment: I got involved with folks who founded JetBlue back in the late '80s when June Morris and David Neeleman leased three of our PWA 737s to help Morris Air grow. At that time, they'd been slapped with hefty fines by the US Department of Transportation for operating without a valid certificate and needed aircraft to support their operations. We all know how Morris Air's story unfolded. Our 737s were eventually sold to Southwest after the GPA debacle (I can elaborate on that another time). Let's just say the 737s we leased to Morris were original PWA aircraft ordered prior to our acquisition of CP. When we (PWA) acquired Canadian Pacific's airline division, the -300s were considered fleet oddballs. We initially tried to operate them in a boutique configuration but gave up on that idea. They were a hassle compared to the many -200s we operated and weren't suited for flying on unimproved runways and had oddball engines that did not fit in well with the vastness of the -200 fleet the combined airine operated. So off they went to Brazil. Unfortunately, the aeroplanes weren't treated well. We repossessed them from São Paulo after VASP failed to pay, and they were then used as collateral for 767 leases with Guinness Peat Aviation and encumbered with a complicated lease agreement (an Irish leasing company, formed in the back of a Tim Hortons, that was a complete flop and disaster, and many of us in the company, including higher-ups, had a financial stake in it) and ended up at Morris Air. We still owned the aeroplanes, though and our lease agreement with June Morris required we handle the heavy maintenance, and, that we had the right to inspect the fins at anytime, anywhere, to ensure compliance. If I recall correctly, and I am certain someone here will uncover, I believe we leased them to June Morris with EI fin registrations through some passthrough company. Even back in the '80s, it was clear this guy had no control over his impulses. Meetings were all over the map in terms of topics and consistency— not the most professional but very courteous. Everything was "in-house" at Morris Air, which was basically an affinity charter company akin to WardAir (not in terms of style, in terms of operation, Max Ward ran one hell of an operation - makes Don Carty look like the buffoon he is) Then along came WestJet. Later, he returned to us seeking lift and investors with NEWAIR in '97 or '98. It seems many of you fellas aren't familiar with Nordic Aviation—they're financing the Breeze 190s—and are just the latest version of GPA. DN has always had ties to the Canadian aviation finance world. Most of you south of the border don't pay attention to our capital markets and the substantial money that flows your way in aviation. "The Devil Is In The Details" someone once told me -- follow the money. JetBlue, like MorrisAir, was never intended to be an "airline" -- it was a reservations system that just happened to place butts in seats on aeroplanes rather than trains or cruise ships. Follow the money from the NEWAIR startup - much of it came from the SF Bay hedge funds tied to HP. As for my CV: I started flying professionally in 1976 at TransAir, flying aeroplanes you guys likely have never heard of up to the DEW line. I'd never visited the southern United States until I got on the 737 in 1979 and found the beauty of Florida. We were bought by PWA in 1980. PWA then acquired CP Air in 1987 and we all merged into one big happy family at Canadian, and later, Air Canada. My fate was sealed by the time of the Air Canada merger in 1998. After that, I flew in Asia and the Middle East for a bit. Sorry, fella. I don't live under a bridge. |
Originally Posted by Bluedriver
(Post 3793636)
I still say there is no way we pull out of Amsterdam. Maybe it becomes summer only, but not out completely.
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