Originally Posted by Mesabah
Very true, but it is also true that it would have been much cheaper for Delta to pay the merger costs to keep us out of bankruptcy. Also, our pre-bankruptcy contract had an orderly wind down of the CRJ 200's, which Delta then chose to extend even further. Perhaps this is all wishful thinking on your guys part?
Delta doesn't get to reject every single one of your CRJ-200 leases out of Chapter 11. You think Bombardier wants their airplane back just out of the goodness of their heart? Oh no. They want the tax write off from the BK court decision which breaches the lease. Every Regional BK is pre-planned and cookie cutter. Mesa led the pack. Eventually the dominos will fall at RJET and SKYW too. Any regional airline would have to be very shrewd to avoid a BK filing in the next 5 years.