Apparently, aircraft lease companies aren't going to take crap from deadbeat US airlines anymore.
http://www.aviationnow.com/avnow/news/chan...s/LEAS03306.xml
http://www.aviationnow.com/avnow/news/chan...s/LEAS03306.xml
Aircraft Lease Companies getting Tough
- Thread starter FM2436
- Start date
Sounds like this could play in US's (and UA's) favor as they may have learned there lesson from us and DL and NW are still re-negitoting leases. While AA may never file if they ever have to they won't get the same breaks as US and UA. Just my two cents ! And thanks for posting FM2436, interesting article.
Regards
LGA777
Regards
LGA777
BoeingBoy
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You're probably right about the leases already negotiated, but going forward we (and most other legacies) aren't in a position to purchase new planes outright. They'll be either sold to leasing companies and leased or financed with EETC's. At least with the leasing, and possibly with the EETC, the negotiating of terms may be a lot tougher than it's been.
Jim
Jim
hp_fa
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To be totally honest, if I was a small-to-medium sized business owner I would probably choose not to do any business with any large US company on any terms other then cash-and-carry. Bankruptcy has become a business tool.
Business folks scream about consumer bankruptcies to the point of getting it much harder to file a Chapter 7, but turn around and use the same Bankruptcy Code to screw others. In the meantime the folks that get screwed by businesses that use bankruptcy as a tool still need to pay their employees, suppliers, etc.
Business folks scream about consumer bankruptcies to the point of getting it much harder to file a Chapter 7, but turn around and use the same Bankruptcy Code to screw others. In the meantime the folks that get screwed by businesses that use bankruptcy as a tool still need to pay their employees, suppliers, etc.
