Cargo 360
#4
I think they are overly focused. 1 contract no matter who it is with, is not a good idea. 360 might seem like a great idea today to the Korean's, but 5 or 10 years from now who knows. Plus if the Koreans say pay cut, 360 has to say how much. Look at the Regionals, 8 years ago all of the majors where buying up their feeders (Delta = Comair, ASA, CAL =XJET, AA= Eagle/BizEx) now they are trying to sell them all.
#8
Gets Weekends Off
Joined: Jun 2006
Posts: 468
Likes: 0
From: C-172 FO
Then add the big lease payment of the 777 which will be at least four times the payment of the classic... Hence the reason there are so many classics hauling trash. Not knocking the 777, just keeping it all in perspective.
#10
big lease payments small maintenance cost. Fuel cost in five years? Lease payment in five years is known. How much does it cost if you can't meet the contract because you are not reliable? How many contracts can you maintain with reliability? Can you maintain a utilization rate of over 12 hours per day with old aircraft? Probably, but with a steep maintenance cost. How about RVSM, stage 4 noise compliance, and RNP approaches into less that desirable airports. You get all of that with new aircraft.
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