TSA merger
01-18-2018, 03:22 PM
#3
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Originally Posted by Bonanzer
That’s what we are hearing at YX. Supposedly HK was in ind last week.
01-18-2018, 04:58 PM
#5
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Originally Posted by minimwage4
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.
01-18-2018, 07:38 PM
#6
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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.
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.
01-18-2018, 07:55 PM
#7
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Posts: 385
Originally Posted by Tpinks
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.
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.
01-19-2018, 11:22 AM
#9
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Originally Posted by Bonanzer
Ya I worded that poorly. The rumor I heard was a merger with all 3 tsh airlines.
01-19-2018, 01:30 PM
#10
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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?
What would become of TSH corporate employees if this happens?
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