Jetdeltamsy From United States of America, joined Nov 2000, 2984 posts, RR: 8 Reply 1, posted (7 years 7 months 2 weeks 4 days 15 hours ago) and read 1643 times:
I would imagine Lansing can kiss that half a million bucks goodbye.
Worked for too many airlines to list. Banktupcy after bankruptcy after bankruptcy.
Byrdluvs747 From United States of America, joined Jul 2004, 2148 posts, RR: 1 Reply 2, posted (7 years 7 months 2 weeks 4 days 15 hours ago) and read 1629 times:
Why?
Can't the airport just lock DL/NW's gate doors until payment is made?
The 747: The hands who designed it were guided by god.
KC135TopBoom From United States of America, joined Jan 2005, 11711 posts, RR: 52 Reply 3, posted (7 years 7 months 2 weeks 4 days 15 hours ago) and read 1602 times:
I don't see what the problem is. Bankruptcy only protects DL and NW from commerical and corprate debts, not any owed to government agencies. Capital City Airport is owned by the City of Lansing, MI. The Bankruptcy Judge will see that every airport that is still owed money will get paid. It is only a question of when the airports will be paid.
While Lansing may be owed $415K, ALT and MSP are owed millions by DL and NW. Since they are the mega-carriers at their respective airports, ALT and MSP would loose a much larger percentage of their budgets than Lansing would. But, you don't hear anything from ALT or MSP, do you? Do you know why? It is because ALT and MSP know that all airports are going to be paid for landing fees, fuel handling fees, aircraft parking fees and terminal leases.
This is not a problem, and Capital City should have access to enough of the City's Lawyers to have already told them that.
My guess is they want to get rid of someone or something and is using the DL and NW bankruptcies as a scapegoat explaniation to the press.
Burnsie28 From United States of America, joined Aug 2004, 7411 posts, RR: 9 Reply 4, posted (7 years 7 months 2 weeks 4 days 14 hours ago) and read 1569 times:
Quoting KC135TopBoom (Reply 3): While Lansing may be owed $415K, ALT and MSP are owed millions by DL and NW.
Im guessing your talking about Atlanta? ATL
"Some People Just Know How To Fly"- Best slogan ever, RIP NW 1926-2009
KC135TopBoom From United States of America, joined Jan 2005, 11711 posts, RR: 52 Reply 5, posted (7 years 7 months 2 weeks 4 days 14 hours ago) and read 1540 times:
Quoting Burnsie28 (Reply 4): Im guessing your talking about Atlanta? ATL
AA54Heavy From United States of America, joined Nov 2003, 189 posts, RR: 0 Reply 6, posted (7 years 7 months 2 weeks 4 days 12 hours ago) and read 1471 times:
Quoting KC135TopBoom (Reply 5):
No, the BK Judge will not let them do that. Nor, can the airport withold fuel from them.
ATCRick From United States of America, joined Jun 2004, 770 posts, RR: 14 Reply 7, posted (7 years 7 months 2 weeks 4 days 12 hours ago) and read 1446 times:
Well no wonder NW can't pay its LAN tab. It's spending all that money starting service to where ever Allegiant flies. Sheesh.
Flyibaby From United States of America, joined Aug 2004, 1015 posts, RR: 6 Reply 8, posted (7 years 7 months 2 weeks 4 days 12 hours ago) and read 1434 times:
Quoting KC135TopBoom (Reply 5): No, the BK Judge will not let them do that. Nor, can the airport withold fuel from them
Untrue. Airport Authorities and Vendors do have the right to do this. An example would be in the case of Midway II, when San Jose Jet Center refused to fuel the daily SJC-RDU flight until they recieved a wire transfer for purchase. The Airport/Vendors may not be able to forcibly collect for payments, but they can withhold services for current payment of services.
KcrwFlyer From United States of America, joined May 2004, 3629 posts, RR: 7 Reply 9, posted (7 years 7 months 2 weeks 4 days 11 hours ago) and read 1407 times:
Quoting ATCRick (Reply 7): Well no wonder NW can't pay its LAN tab. It's spending all that money starting service to where ever Allegiant flies. Sheesh.
LN-MOW From United States of America, joined Jan 2000, 1896 posts, RR: 15 Reply 10, posted (7 years 7 months 2 weeks 4 days 11 hours ago) and read 1370 times:
Quoting Flyibaby (Reply 8): Untrue. Airport Authorities and Vendors do have the right to do this. An example would be in the case of Midway II, when San Jose Jet Center refused to fuel the daily SJC-RDU flight until they recieved a wire transfer for purchase. The Airport/Vendors may not be able to forcibly collect for payments, but they can withhold services for current payment of services.
I beleive it is so that they can demand payment of services rendered AFTER Ch.11 was declared. But debt that was accumulated before Ch.11, is 'locked' and under the authority of the court.
Jetdeltamsy From United States of America, joined Nov 2000, 2984 posts, RR: 8 Reply 11, posted (7 years 7 months 2 weeks 4 days 9 hours ago) and read 1297 times:
Quoting Byrdluvs747 (Reply 2): Can't the airport just lock DL/NW's gate doors until payment is made?
Not while under court protection. The airports are required to supply gates as usual. That's the law. Not always fair, but that's the way it is.
Worked for too many airlines to list. Banktupcy after bankruptcy after bankruptcy.