Some Good News

[mike33]

Sorry to bring up this old thread, but looks like another source for some of that $950 million has revealed themselves...
This one is about Air Wisconsin's loan also, but the next to last sentence adds another of the "mystery" investors...
Jim

"Airbus and Seabury have also provided $200 million each to US Airways' $950 million in new liquidity. No other contributors have been confirmed."

SEABURY put together the BK deal in 05.

"Seabury APG is a highly specialized management consulting firm focusing exclusively on aviation planning and management. The firm’s tight focus is designed to serve clients who demand detailed, thoughtful and responsive analysis.
With a unique blend of consulting skills and post-deregulation knowledge, Seabury APG brings advanced yet practical expertise to airlines, airport authorities, equipment manufacturers, policy makers and others in the aviation industry. Seabury APG helps its aviation clients to react quickly and accurately to changing industry conditions, and to implement the most effective strategies and tactics.
Seabury APG's mission is to provide the highest level of planning expertise in the most critical areas facing the commercial aviation community"

I find it interesting that they invested this time and not just Consulted. Could it be they think we might be a survivor? Are they steering this Ship?

 

[mike33]

The Seabury Team

John E. Luth
Chairman, President and CEO

Mr. Luth most recently led a highly successful $1.1 billion liquidity financing program for US Airways Group, Inc. (October 2008) in the midst of a severe “Credit Crisisâ€￾.
Interesting

Henri Courpron
President Europe and Head of Aerospace

Mr. Courpron’s was with Airbus Industrie for 20 years, where he was most recently Executive Vice President, Procurement at Airbus headquarters in Toulouse, France. Since July 2005, he was responsible for all procurement across the entire Airbus organization, of managing all supplier relations, and ensuring timely delivery of all purchased goods on-cost and with the proper quality. He also was a member of the Airbus Executive Committee. Before that, he was President and CEO of Airbus North America (ANA).

What do you think Jim? Probably couldn't have better investors?

 

[jimcfs]

I find it interesting that they invested this time and not just Consulted. Could it be they think we might be a survivor? Are they steering this Ship?

If that's the case, where's their seat on the BOD?