Originally Posted by
BeatNavy
They own their planes like I own my house. The bank owns them. RAH secured financing for them. Do you really think if they outright owned that many $45 mil (or however much ejets cost) jets their market cap would only be $45 million?
I was simply pointing out Republic owns the majority of their aircraft rather than leasing. You assumed I meant they owned their aircraft out right, sorry if I mislead you. As far as I know, there are very few, if any US airlines that pay cash for brand new aircraft. I don't see a huge difference operationally between leasing and owning(financed) in the contract carrier business.