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UA444
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Re: Miami Air seeks Ch 11 bankruptcy protection

Sun May 10, 2020 10:01 pm

nine4nine wrote:
The only plus side to this so that we won’t have to endure seeing that heinous UA livery rip-off they just started painting.

Sad for the employees. Been there done that with an airline.

I loved that. Because it shows just how terrible the globe logo is that it can be ripped off so easily and there’s nothing they can do about it.
 
ctrabs0114
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Re: Miami Air seeks Ch 11 bankruptcy protection

Sun May 10, 2020 10:25 pm

OB1504 wrote:
Runway28L wrote:
I assume the three NHL teams that were using LL (Penguins, Devils and Lightning) will switch to Delta, Swift Air or another charter airline... if this season resumes or the league skips to next season.


I wonder if Swift will be one of the next ones to go under. The US government tightening restrictions on flights to Cuba basically wiped out their MIA operation and now the pandemic.


Not to mention both NHL and NCAA charter flights that are a no go; IINM, Swift flew the bulk of the March Madness tournament charters (though SY and G4 had their fair share, as I recall).
2019: DAL, MCI, PHX, LAS, DFW, SAT, ORD, SLC, SEA, DTW, PHL, MIA, LAX; B73G (WN x3), B738 (WN, AA, DL), A20N (NK), MD83 (AA), B788 (AA x2), CS1 (DL), B739 (DL), B712 (DL), B752 (AA), B763 (AA), B77W (AA), B789 (AA)
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LAXintl
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Re: Miami Air seeks Ch 11 bankruptcy protection

Mon May 11, 2020 9:42 pm

From the desert to the sea, to all of Southern California
 
TYWoolman
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Re: Miami Air seeks Ch 11 bankruptcy protection

Mon May 11, 2020 10:24 pm

With due respect to Miami Air employees, what were the assets Miami Air could not find a buyer for specifically? Any infrastructure assets, for example? Curious in the context of American Airlines and perhaps Delta/Latam.
 
OB1504
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 12, 2020 3:54 am

TYWoolman wrote:
With due respect to Miami Air employees, what were the assets Miami Air could not find a buyer for specifically? Any infrastructure assets, for example? Curious in the context of American Airlines and perhaps Delta/Latam.


I don’t know if they owned or leased their (very small) hangar and office space at MIA and the 6 737s remaining.

I doubt AA and/or DL/LA would have much interest in that right now. AA already got a new hangar at MIA anyway.
 
sho69607
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Re: Miami Air seeks Ch 11 bankruptcy protection

Mon May 18, 2020 9:58 pm

If Miami Air went under, I am sure Swift Air and World Atlantic are probably next on the chopping block unfortunately. I would of guessed Miami Air would've been the last to go considering they are larger than both SWQ and WAL. Atlas Air is large and has their cargo business so I am sure they are doing okay.
 
MO11
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 19, 2020 1:14 am

sho69607 wrote:
If Miami Air went under, I am sure Swift Air and World Atlantic are probably next on the chopping block unfortunately. I would of guessed Miami Air would've been the last to go considering they are larger than both SWQ and WAL. Atlas Air is large and has their cargo business so I am sure they are doing okay.


Miami Air had 6 737s at the end, plus there were 5 737s wet-leased from TUI Airlines Belgium which would have ended their contract in April had it not been for COVID. Swift has 35 airplanes; not sure how you think Miami Air was bigger. Outside of regular government and casino flying, it has one freighter flying for Strategic Air Cargo regularly as well as two -800s operating for DHL.
 
ctrabs0114
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 19, 2020 2:26 am

sho69607 wrote:
If Miami Air went under, I am sure Swift Air and World Atlantic are probably next on the chopping block unfortunately. I would of guessed Miami Air would've been the last to go considering they are larger than both SWQ and WAL. Atlas Air is large and has their cargo business so I am sure they are doing okay.


Somehow, I think SWQ has a better chance to come out of this pandemic than WAL. Swift has enough charter contracts, particularly with pro and college sports teams, that once those sports resume, SWQ will overcome the pandemic. I don't know enough about WAL to comment about their situation.
2019: DAL, MCI, PHX, LAS, DFW, SAT, ORD, SLC, SEA, DTW, PHL, MIA, LAX; B73G (WN x3), B738 (WN, AA, DL), A20N (NK), MD83 (AA), B788 (AA x2), CS1 (DL), B739 (DL), B712 (DL), B752 (AA), B763 (AA), B77W (AA), B789 (AA)
Next: TBA
 
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aemoreira1981
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 19, 2020 4:03 am

sho69607 wrote:
If Miami Air went under, I am sure Swift Air and World Atlantic are probably next on the chopping block unfortunately. I would of guessed Miami Air would've been the last to go considering they are larger than both SWQ and WAL. Atlas Air is large and has their cargo business so I am sure they are doing okay.


Although the iAero fleet is mostly very old, they own most of their fleet...all but one of their B733/B734 fleet and 2 B738s. The leased frames that iAero leases directly are one B733 that's 31 years old and three B738s (two ex-Eastern 2.0). (iAero also operates two B738BDSFs on behalf of DHL.)

World Atlantic could be in more trouble as they are an MD-80 operator and there will be no MD-80 operator of scale after next month.
 
argentinevol98
Posts: 176
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 19, 2020 5:17 am

Sad to see Miami Air bite the dust. Tough situation for all of the employees. Especially with seemingly no one in the industry hiring. I hope more charter operators will be able to hold on. I took a flight a bit less than a month ago (repatriation) on an iAero (dba SwiftAir) 738 (N917XA) flying a bizarre CBB-VVI-SJU-MIA route (SJU was a tech stop). The crew acted professionally on a long trip and in tough situation with many angry passengers giving them a hard time (the pax were angry with reason, to be fair, but it wasn't the crew's fault). I would hate to see them lose their jobs. They do seem somewhat better positioned to survive than Miami Air was and World Atlantic may be though.
"He sospechado alguna vez que la única cosa sin misterio es la felicidad, porque se justifica por sí sola"-Jorge Luis Borges
 
Moosefire
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 19, 2020 5:41 am

Doesn’t World Atlantic have a large contract for repatriation flights? That’s gotta be some of the most stable flying to be had these days
MD-11F/C-17A Pilot
 
drdisque
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Re: Miami Air seeks Ch 11 bankruptcy protection

Tue May 19, 2020 2:52 pm

Swift Air has government contracts but probably has 3x the number of frames they need.

The advantage that their fleet is all relatively cheap to own/lease 733's and 734's.

World Atlantic is a very lean operation and I believe all their frames are occupied with government contracts and again, are extremely cheap to own MD-80s.
 
catiii
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Re: Miami Air seeks Ch 11 bankruptcy protection

Wed May 20, 2020 3:33 pm

Andrew Levy bought the Xtra (I believe) certificate. He may be in a position to pick up some assets.
 
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Joshu
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Re: Miami Air seeks Ch 11 bankruptcy protection

Wed May 20, 2020 4:06 pm

Moosefire wrote:
Doesn’t World Atlantic have a large contract for repatriation flights? That’s gotta be some of the most stable flying to be had these days


I believe they do.
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OB1504
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Re: Miami Air seeks Ch 11 bankruptcy protection

Wed May 20, 2020 7:47 pm

ctrabs0114 wrote:
sho69607 wrote:
If Miami Air went under, I am sure Swift Air and World Atlantic are probably next on the chopping block unfortunately. I would of guessed Miami Air would've been the last to go considering they are larger than both SWQ and WAL. Atlas Air is large and has their cargo business so I am sure they are doing okay.


Somehow, I think SWQ has a better chance to come out of this pandemic than WAL. Swift has enough charter contracts, particularly with pro and college sports teams, that once those sports resume, SWQ will overcome the pandemic. I don't know enough about WAL to comment about their situation.


Swift lost a large chunk of flying this month when the Cuba charters had to end. Their ground handler at MIA laid off more than half their workforce and that was just before COVID ramped up.
 
alasizon
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Re: Miami Air seeks Ch 11 bankruptcy protection

Wed May 20, 2020 8:00 pm

Joshu wrote:
Moosefire wrote:
Doesn’t World Atlantic have a large contract for repatriation flights? That’s gotta be some of the most stable flying to be had these days


I believe they do.


Even if they did, ICE has stopped most of the repatriation flights and half the countries that have normal flights have their borders closed.

catiii wrote:
Andrew Levy bought the Xtra (I believe) certificate. He may be in a position to pick up some assets.

I don't think he is far enough along in the process to need to buy much of anything yet.
Airport (noun) - A construction site which airplanes tend to frequent
 
F9Animal
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Re: Miami Air seeks Ch 11 bankruptcy protection

Wed May 20, 2020 9:21 pm

OB1504 wrote:
ctrabs0114 wrote:
sho69607 wrote:
If Miami Air went under, I am sure Swift Air and World Atlantic are probably next on the chopping block unfortunately. I would of guessed Miami Air would've been the last to go considering they are larger than both SWQ and WAL. Atlas Air is large and has their cargo business so I am sure they are doing okay.


Somehow, I think SWQ has a better chance to come out of this pandemic than WAL. Swift has enough charter contracts, particularly with pro and college sports teams, that once those sports resume, SWQ will overcome the pandemic. I don't know enough about WAL to comment about their situation.


Swift lost a large chunk of flying this month when the Cuba charters had to end. Their ground handler at MIA laid off more than half their workforce and that was just before COVID ramped up.


I have not been following the Cuba saga. Is Cuba back on the no flights to Cuba list again? I was thrilled when they lifted those bans, and one of my dream trips would be to Cuba. Deeply saddened about Miami Air.
I Am A Different Animal!!
 
debonair
Posts: 3833
Joined: Sat Jan 03, 2004 10:50 pm

Re: Miami Air seeks Ch 11 bankruptcy protection

Thu Jun 04, 2020 11:08 pm

The assets were sold off to Tomas Romero, President and CEO of World Atlantic...

Maybe we will see soon MD80 in MiamiAir colours flying? :pray:
 
OB1504
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Re: Miami Air seeks Ch 11 bankruptcy protection

Fri Jun 05, 2020 12:47 pm

F9Animal wrote:
I have not been following the Cuba saga. Is Cuba back on the no flights to Cuba list again? I was thrilled when they lifted those bans, and one of my dream trips would be to Cuba. Deeply saddened about Miami Air.


All fights to secondary Cuba were banned and only a limited amount of flights to HAV were allowed to operate. It completely decimated Swift's operation at MIA.

debonair wrote:
The assets were sold off to Tomas Romero, President and CEO of World Atlantic...

Maybe we will see soon MD80 in MiamiAir colours flying? :pray:


Probably the other way around. With AA and now DL having recently retired their MD-80 fleets, the time is coming to move on to a more modern platform and if World Atlantic picks up Miami Air's 737s they can easily modernize their fleet on a 1-to-1 basis.
 
danipawa
Posts: 463
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Re: Miami Air seeks Ch 11 bankruptcy protection

Fri Jun 05, 2020 2:35 pm

what are those assets ? Miami Air did not own the 737 fleet..
 
nws2002
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Re: Miami Air seeks Ch 11 bankruptcy protection

Fri Jun 05, 2020 3:21 pm

danipawa wrote:
what are those assets ? Miami Air did not own the 737 fleet..

The 121 certificate and its associated systems, manuals, and approvals.
 
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LAXintl
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Re: Miami Air seeks Ch 11 bankruptcy protection

Wed Sep 23, 2020 5:27 pm

DOT approved transfer Miami Air certificate which was sold to Delaware based group owned by Caribbean Sun Airlines founder Tomas Romero.
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