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Old 02-26-2016 | 10:14 AM
  #232  
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FlameNSky
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Originally Posted by Systemized
According to financial reports filled with the SEC, Republic owns the majority of their E175s.
With exception of about 6 hulls, AAG is the guarantor on all the AE branded aircraft. Think of it as RAH using AAG's credit to secure financing. As such, Parker has provisions that allow AAG to take those aircraft if Bedford defaults. I don't know if AAG would take them and reassign them to another carrier but legally they could. ( I realize that it would have to be approved by the court but their is no judge in the world that would tell a creditor that they won't let someone else take over the negotiated lease rates and force them to take RAH's deal )
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