FlyerTalk Forums - View Single Post - I think Richard Anderson just tipped that Delta is looking at used widebodies
Old Oct 16, 2014 | 9:10 am
  #6  
3Cforme
FlyerTalk Evangelist
 
Join Date: Jun 2001
Programs: DL 1 million, AA 1 mil, HH lapsed Diamond, Marriott Plat
Posts: 28,190
Originally Posted by MSPeconomist
Does this mean that $400M is the cost of terminating a lease early for the four 747s that were sent to rest?

I don't see the logic of paying $400M now to save $100M next year and giving up some assets in the process but I'm not an accountant.
I'm wondering if the ~$400 million special charge doesn't cover the impairment costs of the entire 744 sub-fleet before end 2017. If parking four in 2014 and some more in 2015 saves $100 million in 2015, one can see the attraction to accountants.

But yes, RA's comments suggest a hard look at used widebodies, if well shy of confirming impending transactions.
3Cforme is offline