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-   -   TSA merger (https://www.airlinepilotforums.com/trans-states-airlines/110668-tsa-merger.html)

ElCapitano07 01-17-2018 06:14 AM

TSA merger
 
Heard TSA and YX. Anyone else hearing this crap?

Bonanzer 01-18-2018 06:28 AM

That’s what we are hearing at YX. Supposedly HK was in ind last week.

NeverHome 01-18-2018 03:22 PM


Originally Posted by Bonanzer (Post 2505650)
That’s what we are hearing at YX. Supposedly HK was in ind last week.

Hmmmmm first time I have heard of it. I always figured a G7 merger first. Maybe HK is just gonna purchase YX. 4 airlines under the glorious holdings name :rolleyes:

minimwage4 01-18-2018 04:10 PM

Wasn’t republic just in bankruptcy and trying to get rid of 50 seaters? Gone a be a real yawner of a merge if it does happen though. Gojet and compass would have been more fun!

Rotor2prop 01-18-2018 04:58 PM


Originally Posted by minimwage4 (Post 2506138)
Wasn’t republic just in bankruptcy and trying to get rid of 50 seaters? Gone a be a real yawner of a merge if it does happen though. Gojet and compass would have been more fun!


Common sense would be Compass but I have heard merger/acquisition term used a few times here and there both in person and online at TSA . With that said I haven’t heard the official rumors of any details just “something is in the works”.

One would assume if the price is right Republic would buy TSA for the extra bodies for the cockpit or the other way around. A slow phase out of the 145s while adding 1/2 that number in 175s back in would keep Republic well staffed for a few years at least.

I just find it telling that both forums are talking rumors of mergers but very little details or even speculation. I guess we will know soon enough.

Tpinks 01-18-2018 07:38 PM

I don't think it's going to be just a TSA/YX Merger, but it's going to be a TSA Holdings and YX merger. Rumors I have heard was that Bedford previously tried to get Compass and was told it was an all or nothing (all three airlines) deal.

While yes we filed BK, we were profitable going into BK and came out of BK leaner and even more profitable with new CPA's.

Rotor2prop 01-18-2018 07:55 PM


Originally Posted by Tpinks (Post 2506295)
I don't think it's going to be just a TSA/YX Merger, but it's going to be a TSA Holdings and YX merger. Rumors I have heard was that Bedford previously tried to get Compass and was told it was an all or nothing (all three airlines) deal.

While yes we filed BK, we were profitable going into BK and came out of BK leaner and even more profitable with new CPA's.

This would be more plausible than just TSA. Hopefully more information will come out soon.

Bonanzer 01-19-2018 07:51 AM

Ya I worded that poorly. The rumor I heard was a merger with all 3 tsh airlines.

brokepilot2 01-19-2018 11:22 AM


Originally Posted by Bonanzer (Post 2506552)
Ya I worded that poorly. The rumor I heard was a merger with all 3 tsh airlines.

Seniority list integration would be a cluster ******* trying to integrate 4 different carriers into one unified list. Add to that the fact that there’s bad blood between two of them, I just don’t see how you’d ever realistically combine all of them. Unless they plan to continue to operate all of them separately, in which case nothing really changes except who signs your paycheck.

Rotor2prop 01-19-2018 01:30 PM

Whatever the plan may be I hope it doesn’t turn into a cluster! Before I ever heard rumors of a buyout or merger I did hear that HK has brought up retirement a few times in the past 6 months. The state of the non WO regionals in the future is very very uncertain. If it were my company I’d bail right now while some hope remains. If you remove all the aircraft that TSH doesn’t own you’re not left with much of anything.

What would become of TSH corporate employees if this happens?


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