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12-02-2014 | 09:48 AM

#681

Waitingformins

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Quote:

Originally Posted by cartean

It's around a 2 million dollar construction project, of which PSA is only paying around $100,000 or so the rest is coming from the city of Dayton and the state of Ohio.

So just saying it's not a huge financial obligation to PSA.

This is incorrect, the building is on airport property, if PSA is not out of pocket on the construction cost then the cost is built in their new lease.

It is very common for airports to fund capital projects for their tenants, and in turn make up the investment in new lease rates.

There is no free lunch for PSA. They have a financial obligation to the new lease.
The airport can sell bonds which are free from federal tax allowing cheaper interest for the project. Also generally airports don't pay local property tax, whereas if PSA owned the project they would be responsible for any local property taxes.

Last edited by Waitingformins; 12-02-2014 at 09:51 AM. Reason: tipe O :)

12-02-2014 | 01:32 PM

#682

RawHide

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Looks like envoy is working on a deal to bring all regional flying back in house. It will be a new 10-2 payscale. With 100% of all AAG new hire classes. They are going to offer preferential interviews to alpa carriers currently flying eagle livery. You better hurry and get on the front of this deal.

12-02-2014 | 01:36 PM

#683

tom11011

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Quote:

Originally Posted by RawHide

That's a heck of a first post. Welcome to Airline Pilot Central!

12-02-2014 | 01:49 PM

#684

gold

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From: 206

Quote:

Originally Posted by RawHide

What type of mill planes use the "rawhide" call sign?

12-02-2014 | 01:54 PM

#685

AboveAndBeyond

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Quote:

Originally Posted by gold

What type of mill planes use the "rawhide" call sign?

It was Ronald Reagan's Secret Service call sign.

12-02-2014 | 02:04 PM

#686

Centra

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Quote:

Originally Posted by RawHide

12-02-2014 | 02:56 PM

#687

gold

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From: 206

Quote:

Originally Posted by gold

What type of mill planes use the "rawhide" call sign?

It was and there's also some type of interesting looking mill aircraft using the call sign, I'm curious.

12-02-2014 | 04:35 PM

#688

cartean

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From: CRJ

Quote:

Originally Posted by Waitingformins

Local companies receive $1.1M in economic help | www.daytondailynews.com

12-02-2014 | 05:26 PM

#689

Waitingformins

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Quote:

Originally Posted by cartean

Local companies receive $1.1M in economic help | www.daytondailynews.com

This doesn't conflict my statement, Dayton got the money. PSA has to lease more sqft from Dayton now. Airports get all kind of government "shovel ready" money, but they cant pass that on to PSA. The only gain PSA maybe could get away with is a somewhat shorter lease commitment since the airport spent less of their own money, at the end of the lease the asset goes back to the airport.

12-03-2014 | 03:17 AM

#690

buddies8

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Quote:

Originally Posted by RawHide

I have withheld but I could not any longer.

Do I understand,

1. envoy will be offered a 10/2 pay scale and for this,
2. envoy will get all new hire classes at aag/aa.
3. alpa carriers flying eagle colors will get pref interviews.
4. all regional feed to AAG/AA/US will be by envoy pilots.

Did i understand correctly?

p.s.
I would categorize this as a Glass production.

Last edited by buddies8; 12-03-2014 at 03:45 AM.