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Aha! Ceases Operations, as ExpressJet Files for Chapter 11 Bankruptcy

1년 전 제출됨

Atlanta, GA-area-based ExpressJet Airlines filed for bankruptcy protection under Chapter 11 in Delaware and ceased all flight operations. ExpressJet has been operating as “aha!” from Reno-Tahoe to eleven cities in the western states and has also been providing ad-hoc charter services over the past six months. (www.aviacionline.com) 기타...

pilotjag

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pilotjag 1년 전 2

Some more great articles...
https://onemileatatime.com/news/aha-ceases-operations-expressjet-liquidates/
https://thepointsguy.com/news/expressjet-aha-bankruptcy/

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jeffg33 1년 전 1

Another one here: https://avgeekery.com/expressjet-airlines-files-for-bankruptcy/

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21voyageur 1년 전 2

Also, the sub-contractor / connector business is brutal. Times get tough? Partnerships are often first to go if not bought out. Very similar situation in Canada.

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Stephen Alexander 1년 전 2

It's very easy in business to fall into the trap of looking mainly at variable costs and downplay fixed and intangible costs.

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21voyageur 1년 전 1

Agreed but investors (private or public) are willing to gamble on investments which pulls many types into the game. Some serious, some less so. My 2 cents.

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darjr26 1년 전 2

Probably be a bidding war for their pilots.

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sparkie624 1년 전 1

Yes, but not much call for the ERJ145 Pilots... Most will probably have to be retrained. I know Piedmont flies 145's for American now however.

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Roger Curtiss 1년 전 2

Hate to say I told you so-but when the service to/from Reno was announced months ago I predicted it would fail miserably. But then again, many years ago I thought Madonna would be a 'one hit wonder' so what do I know!

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Scott Campbell 1년 전 1

STOP Express Jet !!! you can't figure it out - after your second try

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James Cox 1년 전 1

They just need to let the certificate die already. Ole "Acey" callsign imo died when legacy ASA ceased operations in 2018.

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21voyageur 1년 전 1

yup but greed is a drug.

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sparkie624 1년 전 1

Interesting Article... I thought they were totally shut down a long time ago... Maybe them leaving will help other regionals to pickup badly needed pilots.

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Peter Fuller 1년 전 1

In the end they were only flying a few ERJ145s (Wikipedia says 5) in their aha! branded scheduled operation and some charter work, so not many pilots now grounded. They likely won’t have any trouble finding new employment, but their numbers are too small to fill much of the regionals’ demand for pilots

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sparkie624 1년 전 3

There are spots all of the place for Pilots... I know our company is looking for pilots in any number... I gave the article to our Pilot Recruiters to see if they can do anything there... Pilots are wanted everywhere.

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DonDengler 1년 전 1

Never heard of it.

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great wildblueyonder 1년 전 1

I have never understood how discount airlines think they can magically reduce their costs and make money. Their major expense, fuel costs the same, pilots and aircrew basically the same, maintenance is mandated and costs the same, only their passenger air fares are less. Who would invest in a business like this? Can't they do simple add/subtract math? If they could do math, where was their AHA moment?

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21voyageur 1년 전 2

My guess is that the key unpublicized item in their start-up business plan is their take-out plan / being acquired by a larger company with early investors pocketing the profits. See this everywhere in all markets - aviation, IT, etc.

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Aha! Ceases Operations, as ExpressJet Files for Chapter 11 Bankruptcy

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