Quote:
Originally Posted by NCR757dxr
This......
I just don't understand why AJT doesn't get a third 767-200 and fly this work themselves. This is now three different contracts since Jan/13. They have to have a lower operation cost per block hour (especially with all the top heavy, cornfield people).
My bet is ATI is/was hoping to get the nod for a longterm contract on a new route AJT is getting, as you hinted at as well. I bet that is over. Why would AJT ink a deal with the possibility that ATI is gone within months. At least a -300 is getting a few more trips for LOT.
I agree with you that ATI could have come out of this merger a real winner if management had seemed to care about going after it instead of putting all the eggs in the DHL737 operation.
Hete talked about that a little during the conference call last week. If you missed the call, you can get the recording on line.
Hete said Amerijet is trying out the route to see if it will have adequate volume to add it on a more long-term basis. That's why they are doing ACMI with option to go dry lease.
Hete said ATI is losing money on the ACMI deal because they hope Amerijet will sign a lease and take it over.
It sounds like Hete is not confident in ATI ability to sustain an ACMI relationship so he will take less profit with more security through a dry lease.
Hete also said that ABX recently picked up an ACMI contract with DHL to do some trips from Miama to Panama.