Originally Posted by
STR8NLVL
$20M for 39 planes that sell for over a million each seems kind of lean to me. They must have some MASSIVE debt to be assumed, too.
Well, who's for signing a union card and getting the pilot groups together?!
We lease several of our aircraft. I've never seen any dollar amount for Colgan's assets. But I did hear it's just a controlling percentage - not the whole thing.
I'll be waiting for that union card in the mail!!