Originally Posted by
mking84
"Under our Continental agreement, we expect all 24 CRJ-200
aircraft to be removed from service and returned to the lessor. Currently, we
anticipate removing seven aircraft in the fourth quarter of 2008, 10 aircraft in
2009 and seven aircraft in 2010."
I'm no financial genius, but Chautublic had to have lost serious $$$ after it's all done and said on this contract. Leasing out sim time, training, TDYs, IOE instruction for everyone on company switching to CRJs, leases, MX, etc.
Why bid for a contract that uses planes you've never used before? Now they're removing them 2-3 years into it? That is one awful business choice, whether by Chautublic or Continental.