Chq/co

[acbarney]

http://biz.yahoo.com/prnews/060721/daf020.html?.v=65

 

[Hutchman]

So the question is.............where are the 44 aircraft comming from?

 

[acbarney]

About half way down the article

"Chautauqua will supply the 44 aircraft that it will operate under the new capacity purchase agreement. Continental currently has no plans to replace 25 of the 69 50-seat regional jets retained by ExpressJet."

 

[paulsalem]

And who is going to operate the other 25? Or is Cont not going to be needing them.

 

[ATRedneck]

And who is going to operate the other 25? Or is Cont not going to be needing them.

I would guess that they'll replace that capacity with the 50+ 737s on order.

 

[acbarney]

Different article
http://biz.yahoo.com/bw/060721/20060721005381.html?.v=1

Key commercial terms of the agreement include:
1. Continental will purchase all capacity at predetermined rates and industry standard pass-through costs.
2. The first aircraft is expected to be placed into service in January 2007 and the last aircraft in July 2007.
3. Aircraft will be operated under the agreement on terms that vary from two years to five years. Under certain conditions Continental may extend the term on the aircraft up to five additional years.
4. All aircraft covered by the agreement will be leased by Chautauqua from third party lessors.
5. All fuel will be purchased directly by Continental and will not be charged back to Chautauqua.
6. The agreement replaces the previous agreement between Continental and Republic dated April 18, 2006.

 

[Hutchman]

So the question is.............where are the 44 aircraft comming from?

Let me make this a bit clearer. Where is Chitaqua going to get the 44 aircraft? Do they have 44 extras sitting around?

 

[acbarney]

4. All aircraft covered by the agreement will be leased by Chautauqua from third party lessors.

 

[Mach92]

Ouch !

 

[CallmeJB]

4. All aircraft covered by the agreement will be leased by Chautauqua from third party lessors.

Okay. Do third party lessors have 44 145s sitting around? I mean, I know there are CRJs out there, but I didn't think there were many extra ERJs.

Maybe pull some of their own over, and replace with 170s?

Just curious.

 

[acbarney]

Okay. Do third party lessors have 44 145s sitting around? I mean, I know there are CRJs out there, but I didn't think there were many extra ERJs.

Apparently so...Although the news release says nothing about ERJ's as opposed to CRJ's

2. The first aircraft is expected to be placed into service in January 2007 and the last aircraft in July 2007.

 

[cbrown1]

What ever came of that 20 planes worth of 70 seat turbo-prop flying?

 

[acbarney]

nothing........yet.

 

[TEXAN AVIATOR]

Oh boy. That's just lovely.

 

[ALGFLYR]

I agree, where are these aircraft coming from. Are these 44 A/C gonna be pure growth aircraft? Or will they be pulling down flying from another carrier? Looks like they are gonna have to start doing some major hiring if these turn out to be growth aircraft...

 

[8HourPilot]

44 is a very interesting number.

 

[AVI8V1]

yes, very interesting.

 

[Aerosurfer]

44 is a very interesting number.

Can You even count that high?

 

[8HourPilot]

I had to practice to make the post.

Can You even count that high?

 

[$$$4nothin]

I can count that high. Hello upgrade.
Sup NN

 

[psysicx]

Good time to get on with CHQ.

 

[paulsalem]

I wonder if they'll lower their mins soon.

 

[pa31capt]

How many people will they need to hire to crew those planes?

 

[SYX328]

10 crews per plane

 

[ReverseSensing]

10 crews per plane

10 crews per plane? 10 pilots (5 crews) I'd believe.

 

[SYX328]

20 piloten, 1 C 1Fo

 

[veneratio]

440 pilots

 

[veneratio]

i hear u guys at ********************aqua do paper W & B, why dont u use acars?

 

[SYX328]

Not installed on the airplane. Just barely have FMS

 

[wings421]

i hear u guys at ********************aqua do paper W & B, why dont u use acars?

Because we like to keep the dust off of our slide rules! :laugh: