JO does it again... (and Mesa recall rumor)
#51
Few of those are owned outright IIRC...they have mortgages. They show up as book value, but if the company shuts down and can't make the payments, the repo man comes around. Hmmm...maybe I could get some side work repo-ing OJ's airplanes when the time comes, that might be fun.
#52
Gets Weekends Off
Joined APC: Aug 2008
Posts: 326
Few of those are owned outright IIRC...they have mortgages. They show up as book value, but if the company shuts down and can't make the payments, the repo man comes around. Hmmm...maybe I could get some side work repo-ing OJ's airplanes when the time comes, that might be fun.
#54
Gets Weekends Off
Joined APC: Oct 2005
Position: 737 Right
Posts: 955
According to their most recent annual statement, "Flight Equipment" makes up the majority of company assets. I would take this to mean aircraft, which probably means there are liens against those assets.
Last edited by waflyboy; 01-09-2009 at 12:55 PM.
#57
Gets Weekends Off
Joined APC: Nov 2005
Posts: 2,551
Here ya go
According to their last 10k they own
2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold since the filing)
6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois
1 Training Facilities in Farmington.
#59
its all spelled out in their most recent 10k filing. Ill get it than edit real fast.
Here ya go
According to their last 10k they own
2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold since the filing)
6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois
1 Training Facilities in Farmington.
Here ya go
According to their last 10k they own
2 CRJ200's
8 CRJ700's
14 CRJ900's
34 B1900's(I believe have been sold since the filing)
6 Hangers (2)Columbia SC (1) Witchita (1) GrandJunction (1) Farmington (1) Dubois
1 Training Facilities in Farmington.