Air Frankenstein

[lizjames]

I think Joe Brancatelli pretty much covered it all in his column last night at JoeSentMe.com: http://member.biztravelife.com/joe.html

He called it Air Frankenstein, a combination of "spare parts, spit, baling wire, hope, guesses, wings, prayers and a few new bucks of equity."

As he so aptly noted, there is very little new money here. When you subtract the existing commitment from Air Whisky, we're looking at just $225 million more and we've lost Wexford and GE and it's clear JO from Mesa didn't want to play, either. The money from Airbus is a loan and probably can only be used to buy their planes, so where are the funds to run this thing going to come from?

If there really were going to be commitments from credit-card companies and such, it would have been announced.

I thought our friend Airbus320 said there'd be 1.5 billion in new funds. I don't see it.

But I sure love the name Air Frankenstein.

 

[lizjames]

Sorry, I posted the wrong link (I don't post a lot...)

Here's the link to the Brancatelli column:
http://joe.biztravelife.com/joe.html

 

[usair_begins_with_u]

Hey... might I suggest you take your dunce cap off next time? Thats a pay site only...

Wait, Ok.. that makes you a spammer or a dunce.. which is it?

 

[EyeInTheSky]

Oh Joe can go bite himself! He's crabby, crass, and quite frankly his column is a "Frankenstein." The writing is getting B-O-R-I-N-G! Same ole', same ole'. I know JOE reads this board. So, JOE e-mail me.

 

[usairways_vote_NO]

Actually his Air Frankenstein is a rip off from here.

Frankenstein-style

He ( David Bronner) fantasized about then reassembling US Air's defunct parts, Dr. Frankenstein-style, into a new line named "'Bama Air," in tribute to his Deep South home state.