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Old 12-22-2015 | 07:37 PM
  #235  
JungleBus
Gets Weekends Off
 
Joined: Sep 2007
Posts: 1,518
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From: B737 CA
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So if I read the above correctly, Shuttle owns their 170s/175s but can require Delta to purchase them if DL terminates the contract without cause after 1/16 (at appx $9.7m/copy). I don't see anything about Shuttle being required to sell them to DL...they'd possibly just turn around and fly 'em for AA. And then there's the other scenario - DL terminating the contract *with* cause, which seems like a plausible outcome considering they're suing em for breach of contract. Interested to know what's actually in that CPA, but I'd imagine it's hidden somewhere in the good Rev. Bedford's vault...
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