Quote:
Originally Posted by Selcall
This whole thing is a lot more complicated than that. You have to dig very deep and go back several (over 10 years) to find out who owns what. Stuff like property ownership, property management, slot ownership etc.....
In the near term everything I have tried to figure out and been able to confirm through confidential sources looks good for Delta Pilots. The problem is the "hang over after the party next year" and who our bed partner MAY be. But that is for next year and God only knows that over a year ago and 1000 pages we started this thread on hiring. A year is a lifetime for an airline in today's economy especially. Just sit back and enjoy the ride for the time being.
I know that I am going to.
Dead on. This is a very complicated deal that as with all deals may fall apart at the last minute.
I do not see it as an acquisition of an airline or its jets. Not yet any way.
As you have hinted we will more than likely have a dance partner again next year.
I cannot stress enough the magnitude of what is in the works. If even half of it turns out, it will be good for all employees of Delta Air Lines, Inc, not just the pilots.
Also, to remind everyone I did not break this news, nor did I give a date. I only confirmed the time frame. Do not get big news fatigue. It may or may not come today or by the end of the week.
There is a lot at stake here, and if done incorrectly, it could leave quite a mess.
As the other poster pointed out RJET is in the middle of a lot these days. I know they have announced a replacement of the MEH 717's and there are no aircraft on delivery. Either they are going to go for another 60 month lease or they have it figured out.
I would not be happy to see LCC's 190's go to RJET, I mean Midwest, or was it frontier.
Things are getting messy quickly.
Also as Bar likes to state, I see true consolidation coming this winter. We are in a perfect storm. Dropping yields, low demand, and no credit to float on. IMHO I think we will see at least one if not two, and a liquidation before next spring.