AtlanticBeach
Senior
- Aug 20, 2002
- 341
- 2
Travelpro72 said:OK.... Again, is this an aviation board or is this a christian debate board. Can we Pleeeeeeease get back to something else to speculate about? Talk about WAY off topic.
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WWJF- What Would Jesus Fly?
Moral dilemma- Would TSA make him remove his sandals?
Back on topic. GECAS is trying to cover their bets here. Notice that aircraft are not scheduled to be returned until they're pre-leased to another carrier. If US goes under, that is a lot of metal to turnaround at once. It would also probably depress pricing. By keeping US in the air, it is improving both short term and long term cash flow for General Electric.
It would not be unexpected for emergence from bankruptcy to slip from June 30. There are certain benefits to remaining in Chapter 11, whether or not a merger occurs.
An observation about things being done well. The pre-planning for the CLT runway repair is nice to see.