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Originally Posted by SaintNick
(Post 3024176)
didn’t we remortgage some to do stock buybacks?
Yea a few but we still outright own more than most other airlines. Sent from my iPad using Tapatalk |
Originally Posted by RiddleEagle18
(Post 3024180)
Yea a few but we still outright own more than most other airlines.
Sent from my iPad using Tapatalk Pay cash. They’d prob go lower than the 89K they’re asking. Garmin 530 so RNAV 33. Gold. Pure gold. |
Originally Posted by Phil Laschio
(Post 3024185)
Piper Turbo Lance with a runout engine on Trade a Plane. We can use that for JFK BTV given the 3 people I usually carry...
Pay cash. They’d prob go lower than the 89K they’re asking. Garmin 530 so RNAV 33. Gold. Pure gold. |
Originally Posted by RiddleEagle18
(Post 3024180)
Yea a few but we still outright own more than most other airlines.
Sent from my iPad using Tapatalk On paper they may be unencumbered, but Management recently borrowed $500 Million secured by said aircraft to fund their accelerated stock buybacks. Oh yeah....that was a few weeks before this fiasco. Simply put - they took out a Home Equity Line of Credit on the airline to pay themselves massive bonuses and now the employees will have to pay it back. |
Originally Posted by hyperboy
(Post 3023996)
The 220 bid just does not come out. If it's on the annual bid we can bid on it. If it is not on the annual bid then we cannot. That will be in August per the CBA. The company has said it will be on the annual bid.
Seems like they may decide to push that back. Gup |
Originally Posted by SmitteyB
(Post 3024200)
Doesn't matter.
On paper they may be unencumbered, but Management recently borrowed $500 Million secured by said aircraft to fund their accelerated stock buybacks. Oh yeah....that was a few weeks before this fiasco. Simply put - they took out a Home Equity Line of Credit on the airline to pay themselves massive bonuses and now the employees will have to pay it back. GP |
Originally Posted by RiddleEagle18
(Post 3024158)
Yea I meant outright owns, no payments.
Sent from my iPad using Tapatalk Not correct 210 aircraft to own outright is a nice 21B . if you average 100 mil per aircraft which by the way they had a price tag bigger than 100 mil here is what was reported for JB March 6th debt/equity 60% cash 829 million other liquify 372million credit line 550 m ASSETS 200 million now go back to ERAU |
Originally Posted by Sniper66
(Post 3024770)
Not correct
210 aircraft to own outright is a nice 21B . if you average 100 mil per aircraft which by the way they had a price tag bigger than 100 mil here is what was reported for JB March 6th debt/equity 60% cash 829 million other liquify 372million credit line 550 m ASSETS 200 million now go back to ERAU $100MM for an A321. That's fkn hilarious. Go back to community college? |
Originally Posted by Sniper66
(Post 3024770)
Not correct
210 aircraft to own outright is a nice 21B . if you average 100 mil per aircraft which by the way they had a price tag bigger than 100 mil here is what was reported for JB March 6th debt/equity 60% cash 829 million other liquify 372million credit line 550 m ASSETS 200 million now go back to ERAU |
Originally Posted by copy
(Post 3024810)
Swing and a miss.
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