FlyerTalk Forums - View Single Post - More route cuts and service reductions for MKE hub
Old Sep 13, 2011 | 10:29 pm
  #56  
MikeFromMKE
 
Join Date: Dec 2009
Location: MKE
Programs: Delta Skymiles, Frontier EarlyReturns Summit
Posts: 766
Originally Posted by RSVP
Remember, the current BOD consists of several parthers at TPG Capital.
My understanding is that it was only one member and it was a condition of the sale to RJET.

His name is Richard Shifter, started in July 2009:
http://www.reuters.com/finance/stock...=C4-Officers-5

The board is interested in making RJET profits as high as they can. They bought F9 with the intention of having a long term vehicle for profit that they had control over. Whether or not they now intend to sell F9 doesn't change the fact that they need to make F9 profitable.
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