Originally Posted by
Ohiocrjfo
Interesting read, but a couple of important facts wrong in there.... I think there is too much emphasis on cost per block hour. Yes it is higher. Yes we need to figure a way to lower it, but I'm not so sure the doom and gloom is written on the wall just yet. I think how things go with this next contract will be the key to Comair's future. Stay tuned
It's good to have something up here on occasion other than the typical shenanigans/speculation/conjecture from the peanut gallery. I think it's no coincidence that, other than Mesa, Pinnacle had the lowest block hour costs of the Delta regionals... and that's who Delta chose to give Mesaba. And I bet TSA is somewhere down there with Pinnacle in terems of block hour costs. One encouraging thing to note is ASA's block hour costs, and they had a buyer in Skywest...? One thing I didn't understand is how she just throws out the value of the 50-seat jets when figuring the $30 million price tag for Comair. Effectively, she says the 50 seaters are worth nothing... only the 70+ seaters have value. The CEO of Pinnacle said in his Q&A on the Mesaba purchase that he is looking to capitalize on the over 500 50 seat leases that expire in the next 5 years.
And of course, the ground handling services thing...?
Stirs discussion at least.