United sold 15 757's and then leases them back

[PreContact]

What's wrong with Pratts?

 

[contrail67]

perhaps skywest with their Billion in the bank will make a bid on UAL

Go for it! That will put United right back into section 6 and we can work on scope and a pay raise.

 

[whymeworry?]

What's wrong with Pratts?

Nothing, really. Pratts are good motors. But on the 757 range is better with the RR engines vs. PW. Or so I was told by a fleet mgr.

 

[iflyhigh]

When an airline is losing money, it is more valuable to have a payment then depreciaton is. Depreciation lets u offset income. Don't get me wrong, depreciation does take down the amount of revenue you earn, but for tax purpose, the payment of a lease if better than depreciation.

Now is good times you want depreciation. Plus if UAL owned and already paid for these aircraft, chances are the depreciation already ran out. Thus they were getting no advantage on the income statement. But owning your aircraft I think in the long run is better, but I could be wrong.

 

[contrail67]

What's wrong with Pratts?

His Pratt comment was only because it was UAL...another flamer slamming United. He really does not even know the good or bad about a Pratt engine....just another "loud" anti UAL poster.