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This is all getting so bad, it's almost starting to turn comical. You stay angry for so long, but then it all just starts to turn into a joke, haha.
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This new board was appointed by creditors with serious experience in airline aquasiitions and mergers. Maybe this rightsizing has something to do with fattining the calf.
Most 200s will be gone next summer, maybe it makes sense to take the 5 700s from UAX and replace the current Go 200s, thus elemnating the 200 fleet alltogether. I still think this new boards main goal is to recoup the money owed to the creditors in short order by selling the company. They probably kept the current mgmt team beacause the new Directors have no interest in running an airline, rather setting it up for sale and letting the buyer deal mgmt house cleaning. |
Originally Posted by Releasemaster
(Post 978509)
This new board was appointed by creditors with serious experience in airline aquasiitions and mergers. Maybe this rightsizing has something to do with fattining the calf.
Most 200s will be gone next summer, maybe it makes sense to take the 5 700s from UAX and replace the current Go 200s, thus elemnating the 200 fleet alltogether. I still think this new boards main goal is to recoup the money owed to the creditors in short order by selling the company. They probably kept the current mgmt team beacause the new Directors have no interest in running an airline, rather setting it up for sale and letting the buyer deal mgmt house cleaning. |
Originally Posted by Fly IFR
(Post 978721)
Any idea on when people could expect to hear any additional news? Or when additional furloughs will be recalled?
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Originally Posted by Fly IFR
(Post 978721)
Any idea on when people could expect to hear any additional news? Or when additional furloughs will be recalled?
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Originally Posted by DeadStick
(Post 978893)
I don't mean to sound pessimistic, but unless there are some new developments I wouldn't anticipate there being anymore recalls for quite some time. I just don't see attrition out pacing the scheduled fleet reductions, especially if go! ceases or reduces it's operation.
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