Old 03-29-2011 | 03:49 PM
  #14  
rickair7777's Avatar
rickair7777
Prime Minister/Moderator
Veteran: Navy
 
Joined: Jan 2006
Posts: 45,144
Likes: 801
From: Engines Turn or People Swim
Default

Originally Posted by BlueMoon
When Compass and Mesaba were sold Delta still held the leases on the planes and leased them to their new owners

Who would buy an airline without the planes to operate?
Somebody who can do math. As long as the contract value is enough to pay for the labor and overhead required to operate said airplanes, with a profit margin and small buffer for unforeseen risk it's a good investment.

So what if you get fired in five years? You don't owe anybody anything...pocket the proceeds, fire all the employees, and walk away.
Reply