Originally Posted by
acl65pilot
Well my think that thinks it smells or indicates something else because of the fire sale price.
Heyas ACL,
The airlines are worth what they are worth. I can't imagine that mama DAL was giving them away for no reason at all. Sometimes there are pending items that we don't know about.
If I own a Cessna that is nominally worth $100k, and all of a sudden, I decide to sell it to someone for $70k, you can bet there is something wrong, one way or another. So someone buys it for $70k, and the next week, POOF, something external happens, like no more 100LL. Now that $70k airplane is just worth it's weight in aluminum. (this, by the way, is currently going on if you follow GA news at all). Makes the guy who sold it look like a genius, and the guy who bought it look like a sucker.
It could be that DAL plans on making it's money back on aircraft leases. It could be that DAL so highly regards its hiring process that it's willing to sacrifice 60+ 76 seaters just to be rid of the flow.
It could also be they have read the tea leaves and decided that the regional industry is going to be so bad, that a 100 million dollar airline is only worth 20.
Time will tell.
Nu