Thread: SkyWest ?’s
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Old 10-31-2020 | 08:07 AM
  #1350  
Dixie320
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Originally Posted by JohnnyBekkestad
It's odd since OO just took back planes from G7 due to payment problems...
My guess, and it’s just a guess, is that G7/TSH is having real big money issues. They had to return some airplanes and cancel the rest of the deliveries, and TSH shut down two airlines. They can sell the planes that they have on property for cash and lease them and try to keep the company afloat a little while longer. Meanwhile Inc. is taking on the risk because if G7 goes belly up, then Inc is in a position to takeover that flying or lease those planes to another 3rd party.
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