Originally Posted by
forgot to bid
Thanks for the info Slow.
I'll take your word on both the overall cost and all the ways they can reduce that cost. I think in an earlier post I had $800M based on airplanes that would be due up in the next 2-4 years and that didn't take into account the issue of who is responsible for some of the aircraft's cost and shifting costs around to reduce costs. So I can buy a $500M cost.
Now, I have a fwiw type question for you or anyone who knows: How are they determining which 125 CR2s they'll keep? (give or take if we keep CHQ E145s)
Is it just the youngest like Pinnacles or some other determinant?
I think they've telegraphed their hand pretty clearly in the PCL DIP. PCL has assumed a contract for 140 CRJ-200. Delta has the option to remove 16 of them 1 for 1 with larger aircraft, and PCL has rejected 16 CRJ-900 that they own. They also have options to reduce the PCL fleet futher. You can read about it in the DIP financing aircraft services agreement on the PCL docket.