Originally Posted by
georgetg
Would Delta and Delta pilots benefit from a similar deal exchanging the C-Series for removal of lease obligation on 50-seat jets?
I've been an avid proponent of the 717 deal for the past few months.
The ratios are better than I thought.
My trepidation is that we are not purchasing the 717 but subleasing them from SWA.
The CRJ-900 is around 20M.
The 717 runs about 12.5M
If we had bought the 717 I would be more amicable to the deal.
Leasing the cheaper plane, to buy the more expensive plane and putting that jet at DCI is what worries me. To top it off it will increase the super-premium DCI pilot jets by nearly 50%, while it will add the lowest paying jet to the Delta pilots.
Add in the exemption from holding company language for Republic (Chautauqua Shuttle America) and Brian Bedfords stated plans of flying the C-Series for SkyTeam, outside of any "production balance" or "block hour ratio" and I can't see how this is supposed to be good.
Cheers
George
And when do those SWA lease obligations end? 2017?
Is this just a gap fill?