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Just curious, I know some people possibly getting an interview call in the next week or two. What is the timetable for call for interview until actual interview to walking into class?
What date did you interview to be hired in the February 25th class?
We were told by JL in class that the 717's are on lease until 2018, so they are not going away anytime soon.
I believe the B717's are on 18 year leases which means the initial one would expire in 2018. The last 717 every built (which we have), was delivered in May of 2006, so an 18 year lease on that one wouldn't expire until 2024.
just because the leases run that long doesn't mean they will keep the airplanes. if nwa wants them to replace the dc9-30's and -50's i am sure it could be negotiated.We lease 79 B717 aircraft through various lessors, under leases with terms that expire through 2022. We have the option to renew the B717 leases for periods ranging from one to four years. The B717 leases have purchase options at or near the end of the lease term at fair market value, and two have purchase options based on a stated percentage of the lessor’s defined cost of the aircraft at the end of the thirteenth year of the lease term. Each of the leases contains return conditions that must be met prior to the termination of the leases. Forty-one of the B717 leases are the result of sale/leaseback transactions. Deferred gains from these transactions are being amortized over the terms of the leases. At December 31, 2006 and 2005, unamortized deferred gains were $59.7 million and $62.4 million, respectively. We also lease facilities from local airport authorities or other carriers, as well as office space under operating leases with terms ranging up to 12 years. In addition, we lease spare engines and certain rotables under capital leases.