Quote:
Originally Posted by schneidm
WHY would we agree to terminate the 10 airplane CPA???????????????????? Doesn't that guarantee a profit for our company until July 2009?
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Our agreement with Delta was a Pro Rate deal, not a CPA. That means both XJT and Delta share the risks/rewards of the routes we flew for them. Apparently this operation wasn't working out well financially for either airline so they agreed to pull the plug.