Originally Posted by
Happyflyer
The way I read it, they didn't want to run out the remaing useful life on the engines and airframes so they will accelerate parking them which all total added up to a credit which required Bombardier to pay SKY INC for that remaing value.
It basically just sounds like the actual nuts and bolts of how Skywest will be flying the ASA lift, with their own airplanes instead of leased ones, which they believe allows for higher profit margins.
Yup SkyWest has been poaching all the "desirable" airframes from ExpressJet while allowing them to bleed pilots. This also allows SkyWest to show decent growth and be the only player in most of its Western bases. This coupled with getting the E170 SJS kids with the American contract.... so they've been able to hire for needs without big pay increases. That won't last forever but has delayed their financial squeeze.