Originally Posted by
Nevets
Okay, the term is relative. People think that XJT doesn't own anything because they lease all their aircraft. I thought that is where you were going with that.
No I'm thinking of it more mom and pop like. If you get in financial trouble you can take a loan out on your home or car or whatever else you have equity in. One of the huge bonuses about buying instead of renting. Something which I'm mowing over pretty good right now as I'm looking into getting a home this fall. If XJT loses any flying or decides to quit going branded they can't exactly sell any of their aircraft and put money back into their pockets.
Of course the numbers don't mean everything. Look at Mesa heh. Should that company continue to lose money as they are then CHQ, or even you guys should they decide to go that route, might be able to pick a few planes up. I know we're looking with the CRJ's going bye bye.