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Old 07-20-2011 | 01:10 PM
  #28  
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From: blueJet
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Originally Posted by Mason32
Comair and Expressjet were stuck with a bunch of airplanes.
Originally Posted by ingleburg5
Incorrect. ExpressJet was not stuck with a bunch of airplanes.
Also incorrect for Comair. As Delta owns Comair, Delta owns Comair's planes. Anything Comair leases, Delta also leases.

When Delta went CH11, Comair went CH11. Otherwise the DIPs could grab Comair aircraft because they're really Delta's aircraft.

Delta and Comair could sign a 20 year deal to lease those aircraft back and forth for a dollar a month, or a million dollars per flight hour. Ultimately, they're still Delta's planes and financial responsibility.

When Delta had Comair abandon their HQ building, who was stuck making lease payments? Delta.

If Delta decided tomorrow to give all Comair's flying to the 20 other DCI carriers, who would still be making payments on Comair's aircraft leases? Delta.
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