Originally Posted by Geardownflaps30
Incorrect. RAH LEASES their aircraft. There are several provisions within the CBA with Delta where Delta may assume the leases along with the aircraft. Some provisions require a penalty to be paid to RAH, some don't.
RAH doesn't own any aircraft. They lease them.
It's industry standard to state that a company "owns" its aircraft if they own the rights to them. In this case whether Republic leases the aircraft similar to a car lease or is paying down a note on them similar to a car note, they own the rights to the aircraft.
If you drove a company car, that car most likely would be leased and the lessee would be the company. You don't have any rights to that car. If you sign the lease yourself, you own the rights to the car. You are the owner in the view of the law (insurance), the state (taxes), etc.