Originally Posted by
Bucking Bar
That is not what it tells me. First, I think we are wanting to de-risk our business by deleveraging it and paying down debt. Second, the order is getting pushed off until we are in negotiations. ALPA, by refusing to state clearly that scope is not for sale is sending a message, in turn, management is keeping its options open. They are not going to commit when the open question remains.
Delta management stated they had been in talks with Bombardier and Embraer. Those manufacturers sell types that are operated by our regional partners. Further, the RJ's guys all stated their companies had been asked to submit proposals on operating these jets.
Also note D-ALPA was at the conference and recognized right off the bat. What ever is going on, D-ALPA is in the loop. They stated unequivocally that there were no 100 seat negotiations, or proposals.
As far as buying low cost carriers, we just bought part of Aero Mexico and are working on GOL. It was stated we are getting a Joint Venture going and full anti trust immunity in the future. When it comes to cabotage, maybe we are a first mover. That's where I'd be focused ... more than parts of LCC.
I just think that there isn't a reliable, proven 100 seat airplane. Composite airframes with GTF's are the future. Haven't seen a reliable one built yet. Wouldn't placing an order for a unproven aircraft just take up Cap Ex?