Delta to Cede gates at BOS

[chucky]

Delta to cede almost half its gates at Boston's Logan Airport
The Salt Lake Tribune wire services
Article Last Updated: 03/05/2007 01:29:59 PM MST


Posted: 1:31 PM- By Michael McDonald Bloomberg News
Delta Air Lines Inc., the largest U.S. carrier in bankruptcy, will give up nearly half the gates it controls at Boston's Logan International Airport under a 10- year lease it completed with the Massachusetts Port Authority.
The Atlanta-based carrier had formerly controlled all 22 gates at Logan's Terminal A, which opened two years ago. The authority, which sold about $500 million in bonds backed by Delta to pay for the new terminal, can now lease nine of those gates to other carriers. The bonds are insured by triple-A rated Ambac Financial Group Inc.
"This was a necessary step in Delta's transformation, allowing us to achieve our restructuring goals while maintaining our commitment to the community and customers as Boston's largest carrier," said Doug Blissit, Delta's vice president of corporate real estate, in a joint statement with the state authority.

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[DalMD88]

Old news, we gave up the gates a couple of months ago. We can still use the unleased gates for overnight aircraft which includes last flight in and first flight out. Since Massport has already approached all current BOS airlines and nobody is interested in them at the rate Massport is offering not much is going to change in the near future. I wouldn't expect them to drop the rate either. If they drop the rate for one tenent in A then they have to give the same rate to all gates in A. As a side note we also gave up a bunch of unused undergate space. Most of it was a never used pilot base office area.

 

[NYCDelta]

Old news, we gave up the gates a couple of months ago. We can still use the unleased gates for overnight aircraft which includes last flight in and first flight out. Since Massport has already approached all current BOS airlines and nobody is interested in them at the rate Massport is offering not much is going to change in the near future. I wouldn't expect them to drop the rate either. If they drop the rate for one tenent in A then they have to give the same rate to all gates in A. As a side note we also gave up a bunch of unused undergate space. Most of it was a never used pilot base office area.

I thought it would be nice to bring NWA and CAL over to 'A', so we could have SkyTeam all together. Apparently, nobody wants to pay the price! If only we could move this beautiful terminal down to JFK...