American eagle ATR's sold......
12-04-2008 | 09:28 AM
#11
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Joined: Jun 2008
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From: Reclined
AMR sold the planes to another leasing company (Nordic) and AMR is contnuing to lease the planes from them for use at Executive... the only change is they are now off the AMR books... they were fully depreciated long long ago. This gets the liquidity out of them, keeps them in service, and provides AMR/AE with increased borrowing power.... which could be used, for example, to get some CRJ's...
12-04-2008 | 10:16 AM
#12
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From: CR7 FO
I get the feeling that AMR is using the ATR as a bargaining chip with APA (too many acronyms for one sentence). Obviously AMR wants bigger airplanes that require cheaper pilots and APA is keeping to the line in the sand. The ATR presents a compromise where as the company gets bigger pax haul but in props so there's no danger of longer AA legs being replaced by the new eagle birds.
12-04-2008 | 10:33 AM
#13
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From: CRJ FO
Yeah, having a scope clause on the ATR is pretty stupid. Its not like we could take much away from mainline with new ATRs. The props are well suited for what they do - short hops. It doesn't matter if the plane seats 300 people, nobody is going to sit on a prop for 4 hours to fly from Dallas to Indianapolis and there is no way it would be used for that. Up to 400nm is the best use for the ATR...and a total waste of money in a jet.
12-04-2008 | 03:25 PM
#15
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From: CRJ FO
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