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..
Yeah, I missed that on my first read. Although, the rest of their flying is not all short term (2 years or less). Their pro-rate flying, by the nature of that flying, are one to three months by individual aircraft. But for example, their DAL flying is good through 2022, their AA 700 flying (of which they are adding a whole bunch more) is good through 2020.
If they could get profitable long term deals for XJT, they would do that instead of one and two year deals. Mainline wants dual class RJs for the foreseeable future so they agree to those deals. It's just that Inc is putting all those aircraft at Skywest exclusively. It has nothing to do with anything other than they rather have Skywest operate those aircraft.