RJ Scope
08-14-2017, 05:18 AM
#101
:-)
Joined APC: Feb 2007
Posts: 7,339
In the extreme case, I suppose Skywest could spin off an alter-ego carrier, and jv/codeshare with it, but that is a real gray area. I don't think you could fight that at the NMB, it would be up to Delta management to sue or not, they probably would if it was competition.
08-14-2017, 08:39 AM
#102
Line Holder
Joined APC: Oct 2010
Posts: 36
SkyWest Leasing
The SkyWest Leasing segment includes revenue attributed to our E175 ownership cost earned under the applicable fixed-fee contracts, and the depreciation and interest expense of our E175 aircraft. The SkyWest Leasing segment’s total assets and capital expenditures include the acquired E175 aircraft. The SkyWest Leasing segment additionally includes the income from CRJ200 aircraft leased to a third party.
I have no other insight but if they cannot place them domestically, skywest May have no choice but to lease them to someone who will fly them. It seems to me like a risk I wouldn’t take, but that’s their decision. Assuming the aircraft get delivered.
08-14-2017, 09:14 AM
#103
Gets Weekends Off
Joined APC: Jul 2013
Posts: 4,761
The part of that article must have been what was stuck in the recesses of my memory from long ago.
08-14-2017, 09:53 AM
#104
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
I hadn’t seen this on the previous skywest 10ks, but when I was looking for the gate lease expiration date I found this under a section titled our “operating platform”:
SkyWest Leasing
The SkyWest Leasing segment includes revenue attributed to our E175 ownership cost earned under the applicable fixed-fee contracts, and the depreciation and interest expense of our E175 aircraft. The SkyWest Leasing segment’s total assets and capital expenditures include the acquired E175 aircraft. The SkyWest Leasing segment additionally includes the income from CRJ200 aircraft leased to a third party.
I have no other insight but if they cannot place them domestically, skywest May have no choice but to lease them to someone who will fly them. It seems to me like a risk I wouldn’t take, but that’s their decision. Assuming the aircraft get delivered.
SkyWest Leasing
The SkyWest Leasing segment includes revenue attributed to our E175 ownership cost earned under the applicable fixed-fee contracts, and the depreciation and interest expense of our E175 aircraft. The SkyWest Leasing segment’s total assets and capital expenditures include the acquired E175 aircraft. The SkyWest Leasing segment additionally includes the income from CRJ200 aircraft leased to a third party.
I have no other insight but if they cannot place them domestically, skywest May have no choice but to lease them to someone who will fly them. It seems to me like a risk I wouldn’t take, but that’s their decision. Assuming the aircraft get delivered.
The existing aircraft? That's not what I'm asking about, yet its a common answer for some reason. Or are you referring to the gates in ATL? If so, are you saying that SKYW forever owns the rights to those gates and can lease them to whomever they want to?
If its not that, then what happens to them and when?
No one seems to know.
08-14-2017, 09:56 AM
#105
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
The status quo will be maintained, that's really the best answer. Skywest will cancel the MRJ order in my opinion, too much risk to shareholders involved in it. Mitsubishi is facked if you ask me.
In the extreme case, I suppose Skywest could spin off an alter-ego carrier, and jv/codeshare with it, but that is a real gray area. I don't think you could fight that at the NMB, it would be up to Delta management to sue or not, they probably would if it was competition.
In the extreme case, I suppose Skywest could spin off an alter-ego carrier, and jv/codeshare with it, but that is a real gray area. I don't think you could fight that at the NMB, it would be up to Delta management to sue or not, they probably would if it was competition.
But what is the deal on the ATL gates? Who owns/leases them and for how long, and what happens then?
08-14-2017, 10:07 AM
#106
Line Holder
Joined APC: Oct 2010
Posts: 36
When you say lease "them" what are you referring to?
The existing aircraft? That's not what I'm asking about, yet its a common answer for some reason. Or are you referring to the gates in ATL? If so, are you saying that SKYW forever owns the rights to those gates and can lease them to whomever they want to?
If its not that, then what happens to them and when?
No one seems to know.
The existing aircraft? That's not what I'm asking about, yet its a common answer for some reason. Or are you referring to the gates in ATL? If so, are you saying that SKYW forever owns the rights to those gates and can lease them to whomever they want to?
If its not that, then what happens to them and when?
No one seems to know.
I was referring to non-permitted types. Any leasing activity done by skywest would be outside the purview of the DALPA contract.
I didn’t read through the gate lease I posted earlier, but it looks like skywest would have the chance to renew the lease. I would not expect any shenanigans on skywest’s part They would risk Delta canceling the entire skywest contract.
08-14-2017, 10:25 AM
#107
Gets Weekends Off
Joined APC: Jul 2015
Posts: 859
I was referring to non-permitted types. Any leasing activity done by skywest would be outside the purview of the DALPA contract.
I didn’t read through the gate lease I posted earlier, but it looks like skywest would have the chance to renew the lease. I would not expect any shenanigans on skywest’s part They would risk Delta canceling the entire skywest contract.
I didn’t read through the gate lease I posted earlier, but it looks like skywest would have the chance to renew the lease. I would not expect any shenanigans on skywest’s part They would risk Delta canceling the entire skywest contract.
08-14-2017, 10:42 AM
#109
Gets Weekends Off
Joined APC: Jul 2015
Posts: 859
Anyway, bankruptcy, failure to met the performance metrics in the CPA or breach would be the only way out. If DAL decided to go all mainline tomorrow they would have to pay their various RJ partners handsomely to get out of the deals...
08-14-2017, 03:00 PM
#110
Gets Weekends Off
Joined APC: Sep 2013
Posts: 869
Someone told me it's because MEM has the most clear weather nights in the US
Thread
Thread Starter
Forum
Replies
Last Post
