Originally Posted by
ConnectionPilot
Pinnacle wouldn't gain ANYTHING by selling the 16 -900s to DL. You might say money, but that's a short term fix. Selling to another carrier, different story.
Nothing but liquidity.
Delta gets to play the RFP game to keep carrier costs in check with competition. Finance 101. We need liquidity and DL needs a pawn. Hello -900's now owned by DL and $100M in the PNCL coffer to run the operation before DL's contractual rate increase.
Chicken, meet egg.