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Originally Posted by TurbineTime
(Post 2022529)
The planes are paid off, no payments to make. What is so hard to understand about that?
Sep 30, 2015 Total Current Liabilities 478,000 Long Term Debt 2,084,300 Deferred Long Term Liability Charges 391,300 Total Liabilities 2,953,600 They aren't paid off. Two things in play here. 1. Turbine thinks Republic actually had $2 billion in cash sitting around and just paid for those planes straight up. 2. He thinks this balance sheet is a lie. |
Originally Posted by 404yxl
(Post 2022540)
https://finance.yahoo.com/q/bs?s=RJET
Sep 30, 2015 Total Current Liabilities 478,000 Long Term Debt 2,084,300 Deferred Long Term Liability Charges391,300 Total Liabilities 2,953,600 They aren't paid off. Two things in play here. 1. Turbine thinks Republic actually had $2 billion in cash sitting around and just paid for those planes straight up. 2. He thinks this balance sheet is a lie. We continue to take deliveries on new aircraft and have been for the last 2 years.... For American and United. Over 50 brand new Ejets have arrived on property in the last 2 years and although you seem to think it, I'm not so dumb as to think RAH pulled cash out of a rubber band to pay for them. But those aircraft are for American and United, not delta. The delta planes have been on property since I believe 2007 and are... paid... off. As are most of the 170's/175's that we operated for airways before the new American planes started showing up. The point is, there are plenty of aircraft to make payments on, and we do, all the time. However, the aircraft in question do not fall into that category. Sent from my iPad using Tapatalk |
Originally Posted by TurbineTime
(Post 2022545)
We continue to take deliveries on new aircraft and have been for the last 2 years.... For American and United. Over 50 brand new Ejets have arrived on property in the last 2 years and although you seem to think it, I'm not so dumb as to think RAH pulled cash out of a rubber band to pay for them. But those aircraft are for American and United, not delta. The delta planes have been on property since I believe 2007 and are... paid... off. As are most of the 170's/175's that we operated for airways before the new American planes started showing up.
The point is, there are plenty of aircraft to make payments on, and we do, all the time. However, the aircraft in question do not fall into that category. |
Originally Posted by TurbineTime
(Post 2022529)
The planes are paid off, no payments to make. What is so hard to understand about that?
They won't sit around, they'll be used in the United operation. What is so hard to understand about that? Sent from my iPad using Tapatalk |
Originally Posted by Nantonaku
(Post 2022555)
Can you link to documentation showing that Republic is the owner of the planes? Republic is most likely just being used as a pawn in a larger game, regardless of who "owns" the planes I think Republic has less control over their fate than you think.
If you look at the registration of our new aircraft, the are issued to the bank of Brazil. All of our older aircrafts registrations are issued to RAH holdings. This occurs after the lean has been removed. Sent from my iPad using Tapatalk |
How big are the classes these days?
Extended Stay being used for stay? |
Originally Posted by TurbineTime
(Post 2022577)
This occurs after the lean has been removed.
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Originally Posted by NormalAbnormal
(Post 2022583)
The removal of the lien has nothing to do with registration.
Auto correct strikes again. And to the best of my knowledge, the name on the registration is the name of the owner/ lien holder. Sent from my iPhone using Tapatalk |
Originally Posted by TurbineTime
(Post 2022585)
And to the best of my knowledge, the name on the registration is the name of the owner/ lien holder.
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Lien would appear on a title. Not sure if airplanes have titles, never purchased one, I assume they have something similar.
Also, I would figure an airliner would have longer than a 7 or 8 year loan term. |
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