Originally Posted by DAL4EVER

Two things to read into their statement on the RJs:

1. By maintaining 50% wholly owned to contracted carriers, the whipsaw will be alive and well for the indefinite future.

2. They couldn't sell any of the wholly owneds in this market because no one can raise the capital to buy any of them. That's why most if not all deliveries being made are actually older orders for which the financing was guaranteed. And you are right about the wholly owneds going to bear the brunt of the cutbacks as there is no contract for Delta to worry about with them.

All in all, I didn't think this was good in the long run for any DCI carriers. Short term, the wholly owneds have a reprieve. I guess that's good for them. Long term, this doesn't help anyone.