Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Jun 2008
Posts: 3,716
I think the 777 is profitable operationally but when you add in the cost to purchase and to carry the loan, maybe not so much. This is probably where the used aircraft market makes sense.
Emirates is dumping used 777s on the market btw.
None of what I said made any sense in retrospect.
Gets Weekends Off
Joined APC: Jun 2008
Posts: 3,716
I have no problem with the used aircraft market, but the 777 is a long range airplane. It makes it's money on the last 3 hours of a 15-17 hour leg. That's what it was made to do, not fly intra-Asia, London and Amsterdam. Heck, NRT is a waste of time on it. Plus, there has been misalocation of the LR vs ER.
Emirates is dumping used 777s on the market btw.
Emirates is dumping used 777s on the market btw.
I think they are gonna lose as much money as we are gonna make in Q1. Let's revisit it after the results are announced.
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