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Regions Air Sold To Viva Intl  
User currently offlineMrSTL From United States of America, joined Sep 2005, 468 posts, RR: 1
Posted (9 years 2 months 1 week 6 days 22 hours ago) and read 2184 times:

http://stlouis.bizjournals.com/stlouis/

2 replies: All unread, jump to last
 
User currently offlineAtrude777 From United States of America, joined Aug 2003, 5702 posts, RR: 52
Reply 1, posted (9 years 2 months 1 week 6 days 22 hours ago) and read 2168 times:

So what does this mean for the locals such as MWA, CGI, etc etc?
Do we lose flights? new Aircrafts?

The article is not very specific at all.
Alex



Good things come to those who wait, better things come to those who go AFTER it!
User currently offlineMainland From United States of America, joined Jun 2004, 309 posts, RR: 0
Reply 2, posted (9 years 2 months 1 week 6 days 6 hours ago) and read 2108 times:

Here's the real press release:

http://biz.yahoo.com/bw/051007/75327.html?.v=1

I've followed this company (as a joke) for a while, here's my thoughts:

Most likely everything will stay the same after the acquisition. However, that's IF there is an acquisition, lets remember this is only a letter of intent. I don't know where Viva is going to find the money to pull of this acquisition. They have next to no cash on hand, and given the fly by night operation of the company (Do an archive search for Viva, some of their past PRs are quite funny.) I don't think they'd get very favorable terms on any debt.

Given the history of the company to announce intent of operations (RE: at one time they were going to acquire a Falcon 727, then a 737-300, then a L-1011, then a DC-9) and never have ANY of it come to pass, I'll believe this when I see it.



You don't need a passport to know what state you're in...
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