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airline bankruptcy sales and multi ownership of airline subsidiaries

* * * * * 2 votes AE 3.1 AE 4.0

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#1
LLC

LLC

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I would like:

 

1) When Airlines go bankrupt (when the "Cease Operations" button is used and/or when bond holders force auto bankruptcy)

     where there would be a bankruptcy sale like happens in real life Airline bankruptcy

 

2) multi ownership of Airline subsidiaries (see quote below)

 

3)  In the following example, both airlines would have to agree to using the bankruptcy button for (on) Airline Z

     person 1 - Airline A 50% ownership -----|
     person 2 - Airline B 50% ownership -----|       
                                                                    |
                                                                    |----- Airline Z ( no person because it is owned and controlled by Airlines A & B )

 

     but one of the owners (person 2 for example) could sell all or part of their ownership of Airline Z resulting in:

 

     person 1 - Airline A 50% ownership -----|
     person 2 - Airline B 25% ownership -----|

     person 3 - Airline C 25% ownership -----|
                                                                    |
                                                                    |----- Airline Z ( no person because it is owned and controlled by Airlines A , B & C )

 

     or if (person 2 for example) sold all of their ownership stake in Airline Z:

 

 

     person 1 - Airline A 50% ownership -----|
     person 2 - Airline B 0% no ownership    |

     person 3 - Airline C 50% ownership -----|
                                                                    |
                                                                    |----- Airline Z ( no person because it is owned and controlled by Airlines A & C )

 

    also there could be wholly owned subsidiaries owned by one person

 

     person 1 - US Airways Group 100% ownership -----|
                                                                                     |-----  US Airways LLC  dba  US Airways
                                                                                     |-----  US Airways Shuttle LLC (formerly Trump Shuttle)  dba  US Airways Shuttle
                                                                                     |-----  Piedmont Airlines, Inc.  dba  US Airways Express
                                                                                     |-----  PSA Airlines, Inc.  dba  US Airways Express

 

 

Like US Airways owning (100%) subsidiaries US Airways Shuttle, Piedmont Airlines, Inc. and PSA Airlines, Inc
 
So would it be possible to have this option wholly in-house (100% owned subsidiaries)
 
US Airways Group -----|
                                         |
                                         |-----  US Airways Shuttle (formerly Trump Shuttle)
                                         |-----  Piedmont Airlines, Inc.  dba US Airways Express
                                         |-----  PSA Airlines, Inc.  dba US Airways Express
  
Also having a multi ownership function within Airline Empires
 
      for example two airlines (2 people) each owning half of a third airline, with the third airline (no person) operating as a fully controlled subsidiary of both airline owners (codeshare)
 
person 1 - Airline A 50% ownership -----|
person 2 - Airline B 50% ownership -----|       
                                                                        |
                                                                        |----- Airline C ( no person because it is owned and controlled by Airlines A & B )
 
      with the ability to buy / sell ownership of airlines within Airline Empires
      (with bankrupt airlines in Airline Empires being sold to other airlines in a bankruptcy sale by the Airline Empires auto bankruptcy trustee - operating as in real life)  
 
For example - I own US Airways, and Trump Shuttle is put up for sale in a bankruptcy sale, and I am the winning bidder
 
 then Trump Shuttle would be renamed US Airways Shuttle as a wholly owned subsidiary of US Airways



#2
og EKPO

og EKPO

    Longtime AE Player

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<Again, gravedigging, but still something to think about>

 

Airline subsidiaries have been suggested multiple times before and have been pretty much been billed to be in AE 4.0. However, airline bankruptcy sales do seem like a realistic feature that could just be added in a small update in the AE 3.0 series. When airlines bankrupt, they currently just lose their money, which just disappears, and their aircraft just go back to the lessor (they actually just disappear) or go to the used aircraft market if they were owned. Having airline bankruptcy sales would make a bankruptcy much more realistic and allow other airlines to "consume" the assets of dead airlines that would go to waste if not sold.







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