Cost concerns slowing Air Jamaica sale? (Corporate Dealmaker)

Radiojamaica.com... today's news... today | Air, Jamaica, Airline, Thursday, Were | Air J lay offs could begin on Sept 30 - Details have emerged on a plan to lay off sever...

Sabotage - JamaicaObserver.com

Air Jamaica Limited: Private Company Information - BusinessWeek

 

A bit of good news is that several more pilots are returning from furlough and the Company published a vacancy bid as required to accommodate these returning pilots. Make sure your system bid is correct since there may be secondary vacancies as a result of this...

I have received this positive news, but how many furlouged bros/sis are comming back to the line, and is that because the new jet arrival for next year or what, it would be nice to get more details regaring this event.

Thank you all..

 

I believe it is for attrition. With Emirates, Etihad and Qatar hiring again, I think we will see more leaving in the near future. A320s are schedule to arrive March 2010.

 

Does anyone think the new FAA rules will result in the need for more crews?

 

From what I hear from a good source (FAA) Its about 7 -12% increase for Scheduled Carriers. 20% -25% Increase for non-sched, Supp, Cargo, Etc...

Also, they are pushing for a 1 Qtr 2010 ruling, but will likely see them go into effect 3rd or 4th Qtr of 2010

 

Has anyone heard anything about new routes opening up as we bring the first 320's on line or our we just going to bump the frequency back up?

 

From what I hear there will be a big jump in frequency but not much in the way of new destinations.

6 pilots coming back effective Dec 1st....this is for attrition. Recall letters to be sent out in Jan for the new 320's(I have heard 26 pilots effective March 1st but that is just rumor).

 

Intelligence
Government Still Debating Air Jamaica’s Sale Aviation Daily Oct 01 , 2009 , p. 01 Darren Shannon


The future of government-owned Air Jamaica is still uncertain, although at least one major step in its possible privatization has been completed. According to Jamaica’s Prime Minister Bruce Golding, an unspecified “negotiating partner” completed due diligence on Sept. 12, and a report has been filed with the country’s Cabinet by the Air Jamaica Privatization Team. And although no Cabinet decision is expected anytime soon, Golding notes that “[g]overnment assets that are not critical to the discharge of its core functions will be divested.” Local media, which recently reported that two foreign companies (including the owners of U.S. carrier Spirit Airlines) were interested in the financially troubled airline, now say a local consortium is the sole bidder.

 

What's the latest from ATI?

 

Nothing on ATI last I checked. I check ATI and AWIN almost every day. I'll post if I find anything.