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Paging ComAir, The Bank Would Like Their Jets Back  
User currently offlineCltguy From United States of America, joined Sep 2004, 598 posts, RR: 0
Posted (8 years 9 months 2 weeks 1 day 2 hours ago) and read 2528 times:

It seems that ComAir has not kept up payments on 4 of the EMB Jets and so the Bank is calling in the chips and asking them to turn over the jets. pronto.

http://charlotte.bizjournals.com/cha...005/11/14/daily26.html?jst=b_ln_hl

18 replies: All unread, jump to last
 
User currently onlineN1120A From United States of America, joined Dec 2003, 26442 posts, RR: 75
Reply 1, posted (8 years 9 months 2 weeks 1 day 2 hours ago) and read 2503 times:

Quoting Cltguy (Thread starter):
It seems that ComAir has not kept up payments on 4 of the EMB Jets and so the Bank is calling in the chips and asking them to turn over the jets. pronto.

Well, someone screwed up here completely, seeing that Comair doesn't fly any Embraer products. Their fleet is completely made up of CRJ family aircraft.



Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
User currently offlineGarri767 From , joined Dec 1969, posts, RR:
Reply 2, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2495 times:

Quoting N1120A (Reply 1):
made up of CRJ family aircraft

true, i wonder if they are in storage though ,after all its just 4 embs....


User currently onlineN1120A From United States of America, joined Dec 2003, 26442 posts, RR: 75
Reply 3, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2473 times:

Quoting Garri767 (Reply 2):
true, i wonder if they are in storage though ,after all its just 4 embs....

Would have had to have been for a LONG time



Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
User currently offlineGarri767 From , joined Dec 1969, posts, RR:
Reply 4, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2468 times:

Quoting N1120A (Reply 3):
Would have had to have been for a LONG time

long enough to forget the lease i guess!


User currently offlineA330323X From United States of America, joined Oct 2003, 3039 posts, RR: 44
Reply 5, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2458 times:

Quoting Cltguy (Thread starter):
It seems that ComAir has not kept up payments on 4 of the EMB Jets

The article says Embraer planes, not jets.

Quoting N1120A (Reply 1):
Well, someone screwed up here completely, seeing that Comair doesn't fly any Embraer products.

They certainly used to, lots of them, some of which they're still apparently responsible for.

Someone did screw up here, though, just someone at Comair/Delta, who apparently forgot to file to reject the leases on the old birds.



I'm the expert on here on two things, neither of which I care about much anymore.
User currently onlineN1120A From United States of America, joined Dec 2003, 26442 posts, RR: 75
Reply 6, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2437 times:

Quoting A330323X (Reply 5):
They certainly used to, lots of them, some of which they're still apparently responsible for.

Yes, but Comair has been all purejet for quite a time now. Why in the world would they have such long term lease obligations?



Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
User currently offlineGarri767 From , joined Dec 1969, posts, RR:
Reply 7, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2423 times:

Quoting N1120A (Reply 6):
Yes, but Comair has been all purejet for quite a time now. Why in the world would they have such long term lease obligations?

you wonder, maybe in their dawning days they thought erjs were a good order, so they leased for , then the next day , they thought erjs suck, lets get crjs, and have forgotten ever since  Wink


User currently offlineA330323X From United States of America, joined Oct 2003, 3039 posts, RR: 44
Reply 8, posted (8 years 9 months 2 weeks 1 day 1 hour ago) and read 2389 times:

Quoting N1120A (Reply 6):
Yes, but Comair has been all purejet for quite a time now. Why in the world would they have such long term lease obligations?

Until recently, airplane leases were traditionally often quite long-term. I think you'll find that most airlines that haven't been through bankruptcy recently are still paying for planes they haven't flown in a long while. Continental, for example, is not only still paying for leases on MD-80s, but also a number of EMB-120s and ATR-42s.



I'm the expert on here on two things, neither of which I care about much anymore.
User currently offlineClearedDirect From United States of America, joined Oct 2004, 271 posts, RR: 0
Reply 9, posted (8 years 9 months 2 weeks 14 hours ago) and read 2095 times:

It may very well be some old Emb-120's sitting in storage somewhere.

CD


User currently offlineDeltaGator From United States of America, joined Sep 2005, 6341 posts, RR: 13
Reply 10, posted (8 years 9 months 2 weeks 14 hours ago) and read 2069 times:

First off, very funny thread title. Please pick up a white courtesy phone for your message.

Quoting ClearedDirect (Reply 9):
It may very well be some old Emb-120's sitting in storage somewhere.

I would think something along these lines but why in God's name wouldn't they sublet them (can you even do that with a plane?) rather than store them.



"If you can't delight in the misery of others then you don't deserve to be a college football fan."
User currently offlineN276AASTT From US Virgin Islands, joined Jan 2004, 620 posts, RR: 0
Reply 11, posted (8 years 9 months 2 weeks 14 hours ago) and read 2044 times:

Is it 110's or 120's?


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User currently onlineN1120A From United States of America, joined Dec 2003, 26442 posts, RR: 75
Reply 12, posted (8 years 9 months 2 weeks 14 hours ago) and read 1994 times:

Quoting DeltaGator (Reply 10):
I would think something along these lines but why in God's name wouldn't they sublet them (can you even do that with a plane?) rather than store them.

You can indeed sublet aircraft, and I have no idea why they haven't.



Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss
User currently offlineBigOrange From United States of America, joined Apr 2004, 2364 posts, RR: 3
Reply 13, posted (8 years 9 months 2 weeks 13 hours ago) and read 1958 times:

Sounds to me like someone at Comair forgot to let DL know about them when DL first took over Comair. Either that or someone in DL forgot to include them in the Chapter 11 filing.

They would definitely be EMB-120's not 135's or 145's.


User currently offlineBrokenrecord From United States of America, joined Jul 2005, 772 posts, RR: 0
Reply 14, posted (8 years 9 months 2 weeks 13 hours ago) and read 1915 times:

D'OH!!

User currently offlineSllevin From United States of America, joined Jan 2002, 3376 posts, RR: 6
Reply 15, posted (8 years 9 months 2 weeks 13 hours ago) and read 1901 times:

At one point in time, Comair was keeping the 4 Brasilias for something to do with pilot contracts, or an agreement with Delta, I forget which. I believe that they are/were not allowed to put new hires directly into the jets, so everyone cycled through the -120's for a short period of time.

Steve


User currently offlineKarlB737 From United States of America, joined Mar 2004, 3102 posts, RR: 10
Reply 16, posted (8 years 9 months 1 week 6 days 9 hours ago) and read 1656 times:

This should clear things up:

Courtesy: The Cincinnati Enquirer

Return Of Four Comair TurboProp Planes Sought

http://news.enquirer.com/apps/pbcs.d...icle?AID=/20051118/BIZ01/511180391


User currently offlineYak97 From United Kingdom, joined Sep 2005, 118 posts, RR: 0
Reply 17, posted (8 years 9 months 1 week 5 days 22 hours ago) and read 1475 times:
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So it sounds like they've sub-leased (or sold?) them on to somebodyelse without telling the finance company? Naughty!!

User currently offlineEjmmsu From United States of America, joined Oct 2004, 1692 posts, RR: 0
Reply 18, posted (8 years 9 months 1 week 5 days 21 hours ago) and read 1453 times:

Quoting N1120A (Reply 12):
You can indeed sublet aircraft, and I have no idea why they haven't.

One would think that with today's economic issues, that they'd park a few CRJ's and fly the d@mn things.



"If the facts do not conform to the theory, they will have to be disposed of"
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