Originally Posted by
georgetg
So this is what a part of "plan B" could look like:
Take the 16 CRJ900 that are being phased out at Pinnacle in early 2013.
Find them a new home at another DCI provider and trade them at a 4:1 against CRJ50 capacity-purchase agreements (similar ratios in 1.B.46.f.6,7).
Add an order for 32 CRJ1000 and place them at mainline with the higher seat density. Use these new puchase CRJ1000s and financing to to unwind the loss of CRJ50 leases.
The ratio for the first 20 76 seat aircraft is 2.7-1. That means that the PCL CRJ-900 could get Deltea out of 43 CRJ-200 currently covered under a CPA, so you only have another 175 to go. Do you think that management might have modeled or presupposed what they could do with their variouis assets when they were negotiating with us?
