Originally Posted by
amcnd
Thats what i said.. see (..). Yes. Most of OO's other flying is short term 5 years or less.. XJT/ASA will fall into that category... XJT living 2 years at a time. I bet they get more $$$ for the short term ones. But use the steady 175 long term contracts to settle investors..
The CPA's are for short term because the airlines taking the 50 seat jets are still ramping up to take over the planes. The parking schedule is about 2 - 3 planes a month and will continue until SkyWest has all the 50 seat planes removed under the XJT and the skywest names.
They are adding the profitable larger RJ's under the skywest name. It was in a public SEC filing a few years back if you want to go dig it out about the plans for the 50 seat fleets, but somehow some XJT pilots still have their head in the sand and think they will end up with something bigger at some point.