Originally Posted by
seoceancrosser
If I remember correctly 387 was bought with the intention of being a parts aircraft eventually. Over the last five years the total fleet size has shrunk. In 2007 they had 10 or 12 DC-10s and 4 757's. Today the total airframes creating revenue is not as large. It's probably the reason why hiring has been few and far between. Hopefully Omni will find some more long term contracts outside of the DOD world before they move down the Ryan International road. I am not familiar with the demand of the civilian pax market for short or long term lift, but hopefully Omni will capitalize on its potential of owning most, if not all, of its fleet to get some more long term civilian business for future growth. If not, the trend of a shrinking fleet and support staff will continue. Time is always an honest truth that nobody can hide behind.
time will tell - Omni does own outright all its jets now - no leases to outside banks - still making money on the present fleet - long term contracts are always being sought - the deal with Boliviana is one example even though it has the pilots pulling 90 day "tdys" - more contracts coming - so the rumor mill has it