Thread: ExpressJet 2.0
View Single Post
Old 12-15-2019 | 03:39 PM
  #1485  
avi8tor614
Gets Weekends Off
 
Joined: Nov 2015
Posts: 212
Likes: 0
Default

Originally Posted by CubWrangler
To be clear, United ordered 20 E175s, with options for another 19. So not 39 firm orders plus 19.
https://www.flightglobal.com/fleets/paris-united-places-firm-order-for-20-more-e175s/133151.article
The 20 175's that Mesa ordered will be ours not United, we will be paying the notes on it not United. I believe this is how we got them. I'm not sure if XJT, Compass, or Skywest were able to buy these aircraft or were depending on UAL to buy then award them. Mesa played it smart, we did not underbid or undercut we simply said no investment on your part( UAL) we buy the planes and you award the flying to us. JO leased our 20 700's to GoJet to help United get newer aircraft with more seats.(We make money from aircraft we have entirely paid off the 700's) and uses some of that money to pay the payments on our 20 175's. If you look at it from a business sense it's perfect. If I'm not mistaken the ExpressJet aircraft are owned by United, so they are paying the bank note and paying you to fly it. That benefits ExpressJet. Which is great. We bought our aircraft and United just pays us to fly it. Benefits UAL no brainier on their end.




On December 3, 2019, the company announced it will be adding 20 new Embraer E175 LL aircraft to its United Express fleet. The aircraft will be owned and financed by Mesa and be covered under a 12-year capacity purchase agreement. Deliveries are scheduled to begin May 2020 and expected to be completed by the end of 2020. In addition to the new aircraft, the contract for 42 existing E175s, which are owned by United, has been extended an additional five years. The 18 Mesa-owned E175s are contracted through 2028. As part of the deal, Mesa will lease its 20 CRJ-700 aircraft to another United Express carrier.
Reply