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Colgan Class Canceled

Old 03-06-2012 | 09:55 AM
  #41  
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I THINK we own 15 out of the 30.
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Old 03-06-2012 | 10:14 AM
  #42  
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Originally Posted by Fly782
I thought the 135s were going to DEN and ORD... What routes do we have there again? We own majority of the Qs I believe, hence the deferred payments.
That would make more sense since there has been an outstanding RFP for DEN and ORD. Menke even admitted it in a conference call but said Colgan ops weren't up to snuff for new flying. A plane that holds half the seats and is less efficient would make no business sense at all. 135s can't compete with the Q on efficiency.
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Old 03-06-2012 | 11:57 AM
  #43  
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Originally Posted by jayray2
And the Delta flying too. It was always rumored that Delta had an escape clause if there were to be a BK. What would this place look like after Delta decides to park 50 more 200's?
It would look like Colgan before the merger, at least pilot list wise....
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Old 03-06-2012 | 03:13 PM
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Originally Posted by PerpetualFlyer
I THINK we own 15 out of the 30.
we own 30 of 31. we are leasing one while the q's get the first class refirb.
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Old 03-06-2012 | 03:24 PM
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Originally Posted by dingo222
we own 30 of 31. we are leasing one while the q's get the first class refirb.
We have 32 total including the 2 leased while the first class mod is installed (which has been put on hold). We actually took an extra delivery to replace the ship lost on Flight 3407.
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Old 03-07-2012 | 11:05 AM
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Just a shot in the dark- but my prediction is more q's are coming. Saabs gone. Some 900s gone. 200s stay untouched.
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Old 03-07-2012 | 11:10 AM
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As far as the bankruptcy questions. The union will make its case. We are unsecured creditors so they have to at least listen to us but at the end of the day we don't matter in that regard. We will probably make out better in terms of labor under a democratic president. We are only average in costs, there is not much the judge can reasonably take from us but that depends on what judge we get. Oh btw it will be extremely hard to furlough out of order, as in liquidation hard, so please don't start that rumor again.
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Old 03-07-2012 | 11:15 AM
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Originally Posted by seahawker01
As far as the bankruptcy questions. The union will make its case. We are unsecured creditors so they have to at least listen to us but at the end of the day we don't matter in that regard. We will probably make out better in terms of labor under a democratic president. We are only average in costs, there is not much the judge can reasonably take from us but that depends on what judge we get. Oh btw it will be extremely hard to furlough out of order as in liquidation hard so please don't start that rumor again.
How are you an unsecured creditor? The company doesn't owe you anything! (I could be wrong) If this is a statement that you are making because of the AMR CH11, their 3 major unions have pensions and that is why they are part of the unsecured creditors comity, those unions are owed billions of dollars worth of unfunded pensions.
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Old 03-07-2012 | 11:50 AM
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Originally Posted by seahawker01
As far as the bankruptcy questions. The union will make its case. We are unsecured creditors so they have to at least listen to us but at the end of the day we don't matter in that regard. We will probably make out better in terms of labor under a democratic president. We are only average in costs, there is not much the judge can reasonably take from us but that depends on what judge we get. Oh btw it will be extremely hard to furlough out of order, as in liquidation hard, so please don't start that rumor again.
I think the company will push hard for an out of order furlough. All of their cost savings will be eaten up in training costs with huge new realignments if they don't. I'm sure that is exactly what they will tell the judge. If they don't furlough out of order the whole airline will shut down, what do you think the judge is going to say to that argument? Delta/United aren't going to write a check for another 20 million to retrain. I guess we will find out soon enough.
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Old 03-07-2012 | 11:51 AM
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Originally Posted by What
How are you an unsecured creditor? The company doesn't owe you anything! (I could be wrong) If this is a statement that you are making because of the AMR CH11, their 3 major unions have pensions and that is why they are part of the unsecured creditors comity, those unions are owed billions of dollars worth of unfunded pensions.
I'm pretty sure that they owe me money every other week and health care and 401k etc
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