Originally Posted by
acl65pilot
Carl, I am talking about the CPA's not the PWA provisions. In that regard you are correct. We have max number, but the CPA's have floors in which DAL can pull down to. As Bar puts it, these are a min level and the 88/DC-9 become the accumulator in the system. I answered his question. It was not a contract/PWA answer or question.
But even those floors can be reduced as much as we want. All most of them require if we do so from what I've seen is that we take over the leases. Leases we are paying for 100% anyway. Leases our credit is responsibile for either way. Debt that we are on the hook 100% for no matter how its shuffled.
If the company wants to fool the morons on Wall Street into thinking long term debt is really magically debt free, good for them. But our list needs to be doing that flying.
At the very, very least, RA should appologise for the terrible management of the past and agree right now to take outsourced RJ's down to the floor. 76 seaters need to go away on DOS of C2K12 by pulling seats if they have to. 51-70 seaters need an agressive phase out over the next couple years and 50 seaters limited to their currently falling numbers.
Other than the nebulous issue of ATL gates with the soon to expire CPA WRT the SKYW purchase of ASA, we can go well below the CPA's if we want to with very little penalty relatively speaking. Maybe its not viabile to instantly park all outsourced RJ's, but the company can easilly afford to eat quite a few mothballed large RJ's and if they can't then we can fly them.