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Old Jun 5, 2011 | 9:48 pm
  #43  
traveller001
 
Join Date: Oct 2010
Programs: My opinions are my own and not that of my employer(s)
Posts: 1,411
Originally Posted by Pigeye01
As a subsidiary of Republic, MKE will eventually become "just another station" in the F9 system.
F9 got into bankruptcy because of cashflow. 100% credit card holdback and dwindling unrestricted cash.

Right now F9/YX via RJET is at 95% holdback and dwindling reserves facing high fuel prices and a huge mountain of debt.

As a brand in hindsight they might have been better with F9 alone. They had the cash to do it but trying to merge F9 and YX probably was overreaching.

But in a self fullfilling light grabbing YX was a deal to put RJET planes to work for a win-win. And now that attempt risks all.

Best chance for RJET survival is another airline that runs similar Airbus metal buys not F9 but Airbus metal and gates. And since the players are limited it's a buyers market. Something which RJET can't refuse to look at.
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