Originally Posted by
DarkSideMoon
Quick, someone warn the guy that has successfully started 3 airlines that someone on APC doesn’t like his business ideas.
It’s the people he needs to invest capital that have to be convinced of his business plan. So far the capital part seems to be lacking. What I think is irrelevant. He was unable to get investment capital for the first 9 aircraft so has decided to do a sale leaseback on those airframes. The lease payments will not be cheap.
The A220 by the way is performing poorly for Delta. Hopefully it gets better fast.