USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
It would not surprise me at all if the fleet size is reduced. GECAS made their opinion of labor known with direct contact with the ALPA MEC during the LOA 91 debate on RJ relief last spring. In fact, the fleet could go down to 150 aircraft, which is something some creditors endorse.
Aircraft financiers are concerned about one thing -- a ROI.
If new cost competitive labor contracts are not put in place I expect not only aircraft lessors to repossess their aircraft, but other stakeholders to pull out of the formal reorganization and the company to liquidate.
Today we will know more about the creditor’s, company, and the courts opinion on the fleet plan
Regards,
USA320Pilot
Aircraft financiers are concerned about one thing -- a ROI.
If new cost competitive labor contracts are not put in place I expect not only aircraft lessors to repossess their aircraft, but other stakeholders to pull out of the formal reorganization and the company to liquidate.
Today we will know more about the creditor’s, company, and the courts opinion on the fleet plan
Regards,
USA320Pilot