Hi folks
the business post the last deal had .5x to to Enitda. By end of December and OASA re this deal it would have been closer to .3x
there is plenty of capacity and the deal is strictured for receive 60% of the planes over the course of next year so the cash flow from the business over the next 12 months will fund most of this purchase
what great work to increase the fleet during a time when aviation is on its knees yet commodifies are flying and domestic travel has a service gap
Ann: Acquisition of Additional 16 Embraer E190 Aircraft, page-9
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