[b]Hey for two years I've posted stories about Cohen now the world seen the facts[/b]...When Cohen and former US Airways CEO David Siegel were reorganizing the airline three years ago, they formed the Pittsburgh-based MidAtlantic Airways division as a way to operate close to 30 larger regional jets (DAILY, May 31, 2002). MidAtlantic used the FAA operating certificate of Potomac Air, which was formed as part of the proposed merger with United. More recently, Republic Airways Holdings reached a deal to acquire 28 Embraer 170s flown by MidAtlantic (DAILY, Nov. 22).
It appears that Cohen and Northwest management are proposing a similar plan to keep pace with competitors that have more liberal scope clauses. Newco will be a separate subsidiary, similar to the other Airlink carriers, with its own operating certificate. "Newco addresses and solves a looming problem," said CEO Doug Steenland. "Many cities in that network are too small to profitably operate our Airbus fleet, and too large for our 50-seat Canadair regional jets." Sorry co workers but by cousin a US Air Boy...
It appears that Cohen and Northwest management are proposing a similar plan to keep pace with competitors that have more liberal scope clauses. Newco will be a separate subsidiary, similar to the other Airlink carriers, with its own operating certificate. "Newco addresses and solves a looming problem," said CEO Doug Steenland. "Many cities in that network are too small to profitably operate our Airbus fleet, and too large for our 50-seat Canadair regional jets." Sorry co workers but by cousin a US Air Boy...