What? There are no job losses from the merger silly! Anderson and Steenland told congress that. This is from the economy
I'm very, very close to getting out of this mess.
No kidding. Is there any accountability anywhere?
Good luck guys.
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What? There are no job losses from the merger silly! Anderson and Steenland told congress that. This is from the economy
I'm very, very close to getting out of this mess.
Leases are binding contracts. The SAAB leases were renegotiated to 5 years during the bankruptcy, which had all the leases expiring in 2012. DAL is most likely going to pay a penalty for early termination of the lease. And as far as the line that the company is spewing of the economy. The Saab has one of the lowest CASM's in the DCI fleet and EAS cities are guaranteed income. There's more to this story than is being announced.I suspect the lease company wanted more money than Delta wanted to pay. The lease companies had a rate thrust down their throat from the bankruptcy and now I suspect they think that Delta should be paying market rate for the aircraft again. NorDelt doesn't agree. Unfortunately, I suspect that the lease company can get more money leasing to someone else. Who knows someone will blink but I doubt it.
That's what I was thinking. I thought for sure it was 2012 on the leases. There is a bigger game plan going on. The leak by the press on the reduction of the saabs forced management to address it.Leases are binding contracts. The SAAB leases were renegotiated to 5 years during the bankruptcy, which had all the leases expiring in 2012. DAL is most likely going to pay a penalty for early termination of the lease. And as far as the line that the company is spewing of the economy. The Saab has one of the lowest CASM's in the DCI fleet and EAS cities are guaranteed income. There's more to this story than is being announced.
I interpreted the obviously scrambled together at the last minute announcement as... because we're parking 10 planes, we will have a/c availability constraints, therefore we are withdrawing the EAS bids. In other words, we can't do these new EAS routes, plus what DL has planned for the fleet with just 39 planes.
EAS routes are never guaranteed profits. The company bids to cover the costs and then a 5% profit margin. If our costs go up, the profits go away as the contract terms don't get changed just because we are more expensive. In the end though, it does seem silly to get rid of a very low CASM a/c.
I thought t-props were all the rage again?[/QUOTE]
Nope, the new rage is the B.S. going on with Midwest and Republic.
More 200's -- maybe. Delta has a bunch of Comair 200's sitting around gathering dust.