From a Solid Source: Mesaba is being awared 15 CRJ-900s
10-31-2008, 08:24 AM
#51
Gets Weekends Off
Joined APC: Jul 2008
Posts: 148
above link didn't work for me.
Here's another link to their 10Q:
http://investing.businessweek.com/re...&formType=10-Q
I assume you were referring to this section,
CRJ-900 Financing
We and our wholly owned subsidiary, Comair, have entered into agreements to borrow up to an aggregate of $580 million to finance a substantial portion of the purchase price of all CRJ-900 aircraft which have been delivered or which remain on firm order as of September 30, 2008. We guarantee payment on behalf of Comair. Our obligations under these debt agreements are secured by the underlying aircraft.
A separate loan for each CRJ-900 aircraft is issued upon delivery of that aircraft. Our obligations under these agreements will be due in installments over 15 years after delivery. The loans under these agreements will have various maturity dates and bear interest at a floating rate based on LIBOR plus a margin.
As of September 30, 2008, a total of $392 million of borrowings were outstanding under these agreements.
Here's another link to their 10Q:
http://investing.businessweek.com/re...&formType=10-Q
I assume you were referring to this section,
CRJ-900 Financing
We and our wholly owned subsidiary, Comair, have entered into agreements to borrow up to an aggregate of $580 million to finance a substantial portion of the purchase price of all CRJ-900 aircraft which have been delivered or which remain on firm order as of September 30, 2008. We guarantee payment on behalf of Comair. Our obligations under these debt agreements are secured by the underlying aircraft.
A separate loan for each CRJ-900 aircraft is issued upon delivery of that aircraft. Our obligations under these agreements will be due in installments over 15 years after delivery. The loans under these agreements will have various maturity dates and bear interest at a floating rate based on LIBOR plus a margin.
As of September 30, 2008, a total of $392 million of borrowings were outstanding under these agreements.
Last edited by imasaluki; 10-31-2008 at 09:25 AM.
10-31-2008, 12:38 PM
#54
looking for underboob
Joined APC: Aug 2007
Position: NYC 7ER LCA
Posts: 902
10-31-2008, 09:01 PM
#59
Gets Weekends Off
Joined APC: Sep 2006
Posts: 787
I love it that everytime an XJ rumor pops up everyone else eventualy bring the thread down to Earth and into "you all sound like high school girls talking about the flying you're getting" reality.
Last edited by nicholasblonde; 10-31-2008 at 09:24 PM.
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