RJET down by -50% today?

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07-30-2015 | 09:44 AM

#231

BoilerUP

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RJET down by -50% today?

...restructuring DEBT...which by definition remains serviced if the company is profitable.

07-30-2015 | 10:19 AM

#232

Beast

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Bankruptcy can happen if you're "insolvent", meaning liabilities exceed assets. It's possible that Republic could juggle their balance sheet to make that happen. Has nothing to do with "default", meaning you didn't pay your bills.

07-30-2015 | 10:30 AM

#233

Waitingformins

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Quote:

Originally Posted by Beast

They would be putting all their contracts at risk, and the real issue is what would if give them?

07-30-2015 | 10:37 AM

#234

Beast

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Quote:

Originally Posted by Waitingformins

They would be putting all their contracts at risk, and the real issue is what would if give them?

It's not about "them" anymore. I'd say they're (management) along for the ride at this point. I think that either a creditor (United) or "partner" (United) might force their hand.

Again, all just speculation, and worth what you paid me for it.

07-30-2015 | 10:39 AM

#235

chrisreedrules

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From: CRJ FO

Quote:

Originally Posted by Waitingformins

They would be putting all their contracts at risk, and the real issue is what would if give them?

And at the same time, all of the partners they fly for simply can not allow that feed to disappear quickly. The contracts will remain mostly intact I would think.

07-30-2015 | 10:52 AM

#236

Waitingformins

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Quote:

Originally Posted by chrisreedrules

And at the same time, all of the partners they fly for simply can not allow that feed to disappear quickly. The contracts will remain mostly intact I would think.

Yea, but they would be at cheaper rates, and depending on who it favored they would cut or lengthen the timeframe. If those 49 Horton jets are profitable for RAH, AA could easily cut it down to 2 years leaving plenty of time to prepare for the shift.

A company that generates revenue through contracts wouldn't file a phony BK. The creditors would have to much control of the future of the company.

07-30-2015 | 11:47 AM

#237

121again

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From: men without hats

Remain calm, we have everything under control.

07-30-2015 | 12:18 PM

#238

prior121

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From: 175 Left

The writing was on the wall when BB's house in Carmel went up for sale....

God Bless,

07-30-2015 | 12:31 PM

#239

flyguy23

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Quote:

Originally Posted by prior121

The writing was on the wall when BB's house in Carmel went up for sale....

God Bless,

He had already built a new house in indy....

07-30-2015 | 01:30 PM

#240

ThreeStripe

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Quote:

Originally Posted by chrisreedrules

And at the same time, all of the partners they fly for simply can not allow that feed to disappear quickly. The contracts will remain mostly intact I would think.

United to Skywest: how long to spin up 30 more E175's?
Skywest to United: 90 days.

American to Envoy: how long to spin up 30 700's?
Envoy to American: as soon as you stop giving them to PSA

Delta to Express Jet......you get the idea