Parking 100 planes
04-05-2020 | 07:36 AM
#32
Gets Weekends Off
Joined: Mar 2020
Posts: 200
Likes: 0
Pay cash. They’d prob go lower than the 89K they’re asking.
Garmin 530 so RNAV 33. Gold. Pure gold.
04-05-2020 | 07:49 AM
#33
Thread Starter
Gets Weekends Off
Joined: Aug 2019
Posts: 1,200
Likes: 0
ehhh it’ll have to be a twin engine. So upgrade that bad it to a Seneca and we have a deal.
04-05-2020 | 07:54 AM
#34
Line Holder
Joined: Jul 2008
Posts: 905
Likes: 26
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.
04-05-2020 | 09:42 AM
#35
Gets Weekends Off
Joined: Feb 2006
Posts: 760
Likes: 0
From: JetRight, JetLeft
Seems like they may decide to push that back.
Gup
04-05-2020 | 09:43 AM
#36
Gets Weekends Off
Joined: Feb 2006
Posts: 760
Likes: 0
From: JetRight, JetLeft
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.
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
04-05-2020 | 05:50 PM
#37
Gets Weekends Off
Joined: Aug 2015
Posts: 1,561
Likes: 0
From: Captain
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
04-05-2020 | 06:09 PM
#38
Gets Weekends Off
Joined: Jan 2019
Posts: 377
Likes: 0
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
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?
04-05-2020 | 06:17 PM
#39
Gets Weekends Off
Joined: Mar 2020
Posts: 537
Likes: 0
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
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
04-05-2020 | 06:26 PM
#40
Gets Weekends Off
Joined: Jan 2019
Posts: 377
Likes: 0
APC Rule #1: if you're going to go to another airline's forum and try to talk sht, don't make a complete fool of yourself in the process. Seems like there's a lot of that spilling over from the United forum lately. Are they trying to take over Delta's reputation?
Thread
Thread Starter
Forum
Replies
Last Post
