Search

Notices
Regional Regional Airlines

What's Up at Comair?

Thread Tools
 
Search this Thread
 
Old 06-05-2006 | 08:01 AM
  #11  
rickair7777's Avatar
Prime Minister/Moderator
Veteran: Navy
 
Joined: Jan 2006
Posts: 44,844
Likes: 653
From: Engines Turn or People Swim
Default

Originally Posted by fosters
I believe per ALPA's contract if the certificate and planes go, the pilots have to go too. If this does go thru, which it won't IMO, look for them to do the same thing to Comair that Skywest did with ASA.
Most contracts have successorship provisions like you described, but they only work if the company or some part of it is sold intact.

If a company is liquidated, ALL associated contracts are essentially null and void and you can sell the assets (planes, gates, hardware, certificate) at auction. Due to their relatively high seniority, no regional CEO would really want to buy an intact COMAIR with all the employees.

If the company was dissolved in Ch. 7 due to obvious lack of money, that would be the end of it. If the company were dissolved prior to a sell-off more as a matter of convenience for the seller and the buyer, the employees could sue and claim that they were still entitled to go with the airplanes and be employed...slight gray area here, but the litigation could take quite a while...
Reply
Old 06-07-2006 | 09:34 AM
  #12  
G-Dog's Avatar
Gets Weekends Off
 
Joined: Apr 2006
Posts: 737
Likes: 0
From: ERJ 170
Default

I got an email inviting me to interview next week. Anyone else going? I want to go just to see what is going on. Are they being bought by CHQ for sure? Things like that. I am skeptical about their future. Can not wait to see what the word is in Cincy.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
SWAjet
Regional
23
01-14-2010 07:19 AM
RockBottom
Regional
3
06-05-2008 04:44 PM
hatetobreakit2u
Major
12
04-18-2006 05:58 AM
RockBottom
Regional
0
08-17-2005 12:02 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices