Lynx Aviation
07-05-2008 | 08:59 PM
#11
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From: FO
In the event that Frontier Holdings liquidates and the creditor committee feels that Lynx is worth more as a whole than its parts, I could see them being spun off/sold and their 10 planes being picked up by any number of airlines looking for cheap regional lift.
To whom?
I'd also like to know how high oil prices will go before the bubble bursts...
To whom?
I'd also like to know how high oil prices will go before the bubble bursts...
07-08-2008 | 03:06 PM
#14
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From: CEO
They're "assets" if there are any will be liquidated along with those of the parent company.
07-08-2008 | 08:56 PM
#15
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From: Lawn Chair
07-08-2008 | 10:41 PM
#16
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From: FO
These days, what airline wouldn't kill to have 10 exceptionally cheap to operate Q400's flying for them ASAP, especially if they could be bought complete with a certificate, crews, and support staff at a reduced price.
07-09-2008 | 09:35 AM
#17
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From: Lawn Chair
If the creditors feel that the airline is worth more as a whole than in its parts, then it could be conceivable that they would spin off Lynx or sell it to another airline.
These days, what airline wouldn't kill to have 10 exceptionally cheap to operate Q400's flying for them ASAP, especially if they could be bought complete with a certificate, crews, and support staff at a reduced price.
These days, what airline wouldn't kill to have 10 exceptionally cheap to operate Q400's flying for them ASAP, especially if they could be bought complete with a certificate, crews, and support staff at a reduced price.
07-10-2008 | 05:57 AM
#18
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From: CEO
Furthermore, there is nothing to indicate that that particular carrier "makes money" other than rhetoric. In fact it has not made money, and would not, even under the best of conditions, for some time to come.
07-10-2008 | 06:02 AM
#19
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From: CEO
If the creditors feel that the airline is worth more as a whole than in its parts, then it could be conceivable that they would spin off Lynx or sell it to another airline.
These days, what airline wouldn't kill to have 10 exceptionally cheap to operate Q400's flying for them ASAP, especially if they could be bought complete with a certificate, crews, and support staff at a reduced price.
These days, what airline wouldn't kill to have 10 exceptionally cheap to operate Q400's flying for them ASAP, especially if they could be bought complete with a certificate, crews, and support staff at a reduced price.
Furthermore, in a Ch. 7 liquidation, the trustee is not going to wait around for the prospect of a sale in a market like this. The reason is that there are ongoing costs to maintaining an aircraft fleet, even if it is not operating. The little equity in newer used aircraft, if any, would probably be liquidated through a quick sale.
07-10-2008 | 03:23 PM
#20
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From: e190
the chances of selling those aircraft WITH the crews is just too complicated. Are the Q400's owned by Lynx or are they leased? because if a leasing company owns them then i am almost 100% sure you will see those aircraft sold ASAP to the highest bidder without crews. Where are the SAS q400's now btw? Havent heard about them recently.
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