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[Breeze] Airways
06-18-2019 | 06:15 PM
#221
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Joined: Jan 2017
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From: GUFN
06-19-2019 | 05:50 AM
#222
Gets Weekends Off
Joined: Feb 2008
Posts: 20,883
Likes: 197
Moxy has 60 firm orders for the A220/CS300 but will do a “sale and leaseback” transaction with a big lessor for the first 9 - this is a standard transaction for providing additional liquidity up front. Here’s the article talking about the leasing transaction:
https://worldairlinenews.com/2019/06...ZeWKYkY5SOnSv4
Regarding Austin, nobody external to the business knows the route structure yet. All we know is that evidently many, many cities in secondary and tertiary markets have reached out to Moxy begging for airline service. There are many non-hub dots with 100,000+ people that could be connected on the map. Should be very interesting to watch and I hope we continue to get more information soon...
https://worldairlinenews.com/2019/06...ZeWKYkY5SOnSv4
Regarding Austin, nobody external to the business knows the route structure yet. All we know is that evidently many, many cities in secondary and tertiary markets have reached out to Moxy begging for airline service. There are many non-hub dots with 100,000+ people that could be connected on the map. Should be very interesting to watch and I hope we continue to get more information soon...
06-19-2019 | 08:15 AM
#223
Swimmin' in da pool
Joined: Jan 2014
Posts: 449
Likes: 0
So...I take it you disagree...?
In just two short sentences you were able to mix 2 religious terms with a vulgar sex act. Such talent.
Keepin' it classy on APC. Thanks for the visual and reminding me why I quit reading this forum.
In just two short sentences you were able to mix 2 religious terms with a vulgar sex act. Such talent.
Keepin' it classy on APC. Thanks for the visual and reminding me why I quit reading this forum.
Last edited by tomgoodman; 06-19-2019 at 12:35 PM. Reason: Quoted inappropriate language
06-19-2019 | 08:28 AM
#224
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Joined: Dec 2018
Posts: 1,150
Likes: 9
06-19-2019 | 10:07 AM
#225
Thread Starter
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Joined: Jun 2015
Posts: 1,866
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From: Left
06-19-2019 | 10:13 AM
#226
Gets Weekends Off
Joined: Feb 2008
Posts: 20,883
Likes: 197
It’s certainly not free or low cost. There are various reasons to sell and leaseback airframes but it’s usually about liquidity. Look at Norwegians actions the last few years.
06-19-2019 | 10:17 AM
#227
Perennial Reserve
Joined: Jan 2018
Posts: 14,257
Likes: 257
Of Delta’s 91 B717s they own 3 and lease 88.
In total they lease 198 and own 687.
https://www.delta.com/us/en/about-de...te-information
06-19-2019 | 10:32 AM
#228
Gets Weekends Off
Joined: Feb 2008
Posts: 20,883
Likes: 197
Flying leased aircraft is NOT uncommon.
Of Delta’s 91 B717s they own 3 and lease 88.
In total they lease 198 and own 687.
https://www.delta.com/us/en/about-de...te-information
Of Delta’s 91 B717s they own 3 and lease 88.
In total they lease 198 and own 687.
https://www.delta.com/us/en/about-de...te-information
In the case of the DL717’s the leases were heavily subsidized at below market rates.
06-19-2019 | 11:27 AM
#229
Banned
Joined: Dec 2018
Posts: 648
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You're offended by two common English statements? Shocking.
06-19-2019 | 01:07 PM
#230
Line Holder
Joined: Dec 2018
Posts: 1,150
Likes: 9
Of all financing options out there it is one of the cheapest cost of capital.
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