Originally Posted by
SIUav8er
Interesting. Didnt know it was such a long term for the CPA's. Long time ago, flew for a UPS feeder and they put their cargo feeder contracts out for bids monthly.
OO doesn't like less than 15 years if they provide the plane, even that still leaves them with some "tail risk" on the back end, maybe 5 years with a 20-year mortgage/lease. They've done a few short contracts with the planes owned by the major.
That's what they bring to table, they can show up with dozens of brand-new $30M jets. The price for that is long-term contracts.