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Old Oct 27, 2005, 10:56 am
  #16  
 
Join Date: Feb 2004
Posts: 1,658
Originally Posted by MSY-MSP
The other thing that has crossed my mind is that FlyI may go the way of TWA. In other words management may be working with another airline to provide the trip through BK with the net result is some of FlyI ending up with another airline, and the rest of the company simply disapearing.
Not likely IMO. TWA had a FF base, a fortress hub at STL, gates in good locations at many airports, and A/C that were of use to AA. If anybody else was interested in what FlyI has, I'd think they'd be better off buying it out of BK than taking over the whole carrier. That goes especially for the employees, many of whom have years of seniority built up at FlyI and Atlantic Coast -- it would be better to pick them up off the unemployment line, let them start over with new hire wages, and avoid integration seniority hassles.
SealBeach is offline  
Old Oct 27, 2005, 1:44 pm
  #17  
 
Join Date: May 2001
Location: IAD
Posts: 6,146
TW also had slots and route authorities that were worth something.
whlinder is offline  
Old Oct 27, 2005, 2:15 pm
  #18  
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Join Date: May 2001
Location: LAX; AA EXP, MM; HH Gold
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I'm beginning to wonder if FlyI came up with some "stay out of bankruptcy" financing a couple weeks ago. How else has it managed to stay afloat?
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Old Oct 28, 2005, 5:09 am
  #19  
 
Join Date: Apr 2003
Location: NYC
Programs: BAEC Silver, AA LTP 2MM
Posts: 3,359
Originally Posted by FWAAA
I'm beginning to wonder if FlyI came up with some "stay out of bankruptcy" financing a couple weeks ago. How else has it managed to stay afloat?
The refunded Airbus deposit maybe?
UAL_Rulez is offline  



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