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NameOmitted
Posts: 883
Joined: Sun Oct 23, 2016 7:59 pm

Re: Ravn Alaska closing its doors?

Tue Jul 28, 2020 2:58 pm

bennett123 wrote:
Is hiring the same management team a smart move?.

Is buying an airline during a pandemic smart?

I think this venture may be more motivated by optimism then by design.
 
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JBo
Posts: 1758
Joined: Wed Jan 05, 2005 7:23 am

Re: Ravn Alaska closing its doors?

Tue Jul 28, 2020 3:43 pm

NameOmitted wrote:
bennett123 wrote:
Is hiring the same management team a smart move?.

Is buying an airline during a pandemic smart?

I think this venture may be more motivated by optimism then by design.


Buying an airline in Alaska is probably smarter than buying an airline anywhere else, since air travel is a far more crucial link up there than in the rest of the country.
I'd take the awe of understanding over the awe of ignorance any day.
 
scntekir
Posts: 8
Joined: Fri May 13, 2011 2:56 pm

Re: Ravn Alaska closing its doors?

Tue Jul 28, 2020 3:48 pm

NameOmitted wrote:
bennett123 wrote:
Is buying an airline during a pandemic smart?


IMHO it's a great time to grab market share...
A wiser person than me said "lead, follow or get out of the way". I have been trying to "get out of the way" ever since...
 
bennett123
Posts: 9732
Joined: Sun Aug 15, 2004 12:49 am

Re: Ravn Alaska closing its doors?

Tue Jul 28, 2020 4:11 pm

You are mis quoting me.

I said 'Is hiring the same management team a smart move'.
 
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EA CO AS
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Joined: Wed Nov 14, 2001 8:54 am

Re: Ravn Alaska closing its doors?

Wed Jul 29, 2020 12:57 am

bennett123 wrote:
You are mis quoting me.

I said 'Is hiring the same management team a smart move'.


Define "management" - do you mean the executive leadership team, the operational leaders, etc? Either way, it's hard to infer that the team was inept or not worthy of keeping when you're dealing with a global pandemic that no one could have foreseen.
"In this present crisis, government is not the solution to our problem - government IS the problem." - Ronald Reagan

Comments made here are my own and are not intended to represent the official position of Alaska Air Group
 
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smithbs
Posts: 485
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Re: Ravn Alaska closing its doors?

Wed Jul 29, 2020 1:41 am

bennett123 wrote:
Is hiring the same management team a smart move?.


If engaged smartly, they could tell you how to operate in that region, what the challenges are, and why they didn't have enough cash when it counted. Valuable information, if you play it right.
 
FURUREFA
Posts: 640
Joined: Mon Mar 01, 2004 2:26 am

Re: Ravn Alaska closing its doors?

Thu Jul 30, 2020 2:56 am

EA CO AS wrote:
bennett123 wrote:
You are mis quoting me.

I said 'Is hiring the same management team a smart move'.


Define "management" - do you mean the executive leadership team, the operational leaders, etc? Either way, it's hard to infer that the team was inept or not worthy of keeping when you're dealing with a global pandemic that no one could have foreseen.


Ops leadership - helpful.

New ownership is optimistic but they're acquiring a bunch of assets just slightly above book value (ie. cheap). Dependence of cargo in the market is helpful. Frankly the two 121s in and of themselves are worth a decent amount.

Curious - why would folks not accept re-hire offers?
 
d8s
Posts: 133
Joined: Thu Feb 23, 2012 6:45 pm

Re: Ravn Alaska closing its doors?

Thu Jul 30, 2020 4:41 am

JBo wrote:
NameOmitted wrote:
bennett123 wrote:
Is hiring the same management team a smart move?.

Is buying an airline during a pandemic smart?

I think this venture may be more motivated by optimism then by design.


Buying an airline in Alaska is probably smarter than buying an airline anywhere else, since air travel is a far more crucial link up there than in the rest of the country.


Boeing has a website to teach us how to start up our own airline. I imagine there are many on A.net who think they can go from arm chair CEO to actual CEO.

https://www.boeing.com/company/about-bc ... oeing.page
 
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usxguy
Posts: 1881
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Re: Ravn Alaska closing its doors?

Thu Jul 30, 2020 5:56 am

FURUREFA wrote:
EA CO AS wrote:
bennett123 wrote:
You are mis quoting me.

I said 'Is hiring the same management team a smart move'.


Define "management" - do you mean the executive leadership team, the operational leaders, etc? Either way, it's hard to infer that the team was inept or not worthy of keeping when you're dealing with a global pandemic that no one could have foreseen.


Ops leadership - helpful.

New ownership is optimistic but they're acquiring a bunch of assets just slightly above book value (ie. cheap). Dependence of cargo in the market is helpful. Frankly the two 121s in and of themselves are worth a decent amount.

Curious - why would folks not accept re-hire offers?


Well, you have the FAA mandated "5 wisemen" who can't really be replaced - those come with the certificate. It could be that some staff don't want to work for XXX (insert person's name) again; such as the Chief Pilot, Dir of Maintenance, Dir of Ops, etc. So FLOAT will have to keep them, and then still meet the operation parameters, security protocols, etc. Unfortunately Ravn & PenAir were shut down too long to just "turn the keys" and *poof* be ready to go.

They are, however lightyears ahead of the new Wexford/Seaplanes option. Via Air doesn't even have ops specs for Alaska. Not sure ERJ 145s or E120s are the best option for Alaska, so they'll need to add a new fleet type to the cert & do proving runs, so that's at least 6 months away. And that's a big IF the US DOT allows the scheduled authority to remain intact.
xx
 
alaskan9974
Topic Author
Posts: 142
Joined: Sat Oct 01, 2011 9:06 pm

Re: Ravn Alaska closing its doors?

Fri Jul 31, 2020 9:19 pm

FURUREFA wrote:
EA CO AS wrote:
bennett123 wrote:
You are mis quoting me.

Curious - why would folks not accept re-hire offers?

I have heard the same from employees there now, they will not be returning once their time is up and will be moving on, lack of faith in management that was retained.

Seems they will dump the smaller operations and focus on the Dash routes to larger cities.
 
32andBelow
Posts: 4962
Joined: Mon Sep 03, 2012 2:54 am

Re: Ravn Alaska closing its doors?

Fri Jul 31, 2020 9:50 pm

usxguy wrote:
FURUREFA wrote:
EA CO AS wrote:

Define "management" - do you mean the executive leadership team, the operational leaders, etc? Either way, it's hard to infer that the team was inept or not worthy of keeping when you're dealing with a global pandemic that no one could have foreseen.


Ops leadership - helpful.

New ownership is optimistic but they're acquiring a bunch of assets just slightly above book value (ie. cheap). Dependence of cargo in the market is helpful. Frankly the two 121s in and of themselves are worth a decent amount.

Curious - why would folks not accept re-hire offers?


Well, you have the FAA mandated "5 wisemen" who can't really be replaced - those come with the certificate. It could be that some staff don't want to work for XXX (insert person's name) again; such as the Chief Pilot, Dir of Maintenance, Dir of Ops, etc. So FLOAT will have to keep them, and then still meet the operation parameters, security protocols, etc. Unfortunately Ravn & PenAir were shut down too long to just "turn the keys" and *poof* be ready to go.

They are, however lightyears ahead of the new Wexford/Seaplanes option. Via Air doesn't even have ops specs for Alaska. Not sure ERJ 145s or E120s are the best option for Alaska, so they'll need to add a new fleet type to the cert & do proving runs, so that's at least 6 months away. And that's a big IF the US DOT allows the scheduled authority to remain intact.

Seaplanes can put pc12s on the routes tomorrow if they want to tho.

Basically whoever lands the Alaska airlines codeshare is going to win.

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