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Originally Posted by DirkDiggler9999
(Post 3990567)
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
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Originally Posted by AllOva736
(Post 3990580)
it’s hard to perform in that fashion when you trim every dollar from the operation that you can and then you cut front line employees pay during the holiday season when most of them think they’re losing their jobs anyways.
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Originally Posted by DirkDiggler9999
(Post 3990567)
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
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Originally Posted by Stankhunt42
(Post 3990595)
Unfortunately time ran out a long time ago… too many will just continue to cash out sick time before they leave anyway. This is the final nail in the coffin. All the reserves that toed the line in years past are all gone. Of the people left planning to “ride it out” many are close to retirement, use NK as some kind of part time gig, extremely low time, or are people who have cheated the system for years and want to keep doing it. Not the ideal workforce from a management perspective. ALPA still seems like they are in screw the company mode which won’t help. Every week more and more are gone. This problem is only getting worse as legacy hiring picks up again at a massive pace.
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Originally Posted by DirkDiggler9999
(Post 3990567)
In the current predicament, operational performance needs to be perfect all the time. Time is running out. NK needs to show creditors and any potential buyers that it can be a stellar performing company. That has not happened over the last two weeks when it needs to happen. Nobody has made a move to buy and performance has not been good overall. These are two things that the next DIP payment requires. Crossing fingers that NK will survive the next 30 days.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
Originally Posted by LNAVVNAVPATH
(Post 3990603)
No one is buying us.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
The fleet now is majority CEO and the NEOs left don’t have powdered metal issues.
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Originally Posted by LNAVVNAVPATH
(Post 3990603)
No one is buying us.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
Originally Posted by LNAVVNAVPATH
(Post 3990603)
No one is buying us.
AA is in full debt reduction mode. UA hates us. DAL wouldn’t be caught dead with us. WN doesn’t want 115 Broke Dick NEOs. B6 was Denied HA and AK are entering the honey moon stage Allegiant is a Travel Company Avelo is furloughing. Sun Country is to small. And then there is Frontier, the ULCC that hasn’t had a contract in 900 days and is also hemoraging money. Some say Indigo, but Franke already has his hand in 4 sh!tyy ULCCs, he doesn’t need a 5th. Our only real shot was JetBlue…..but hey………..”This One’s for you!” |
Originally Posted by Noisecanceller
(Post 3990619)
The fleet now is majority CEO and the NEOs left don’t have powdered metal issues.
52 A320 CEOs 15 A320 NEOs 23 A321 CEOs 21 A321 NEOs. Many of the 320s and a handful of the 321s still need to address the AD, it’s just a ways out. Bendo said it would last till 2031. |
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