jaymac wrote:All the borrowing solves problems short-term, but soon the hours will have to be paid back.
True, except that PAR seems to usually have 2-3 GP's offline on CSX paying HPH. Plus how long did 382 parade around the NS system before finally retuning home? The borrowing is pretty sustainable. They are already paying back hours, and lucky for them, it seems that as long as they continue to make their minimum monthly payment, CSX isn't going to put a limit on their credit card/ err borrowing...
When you look at it, 2-3 GP40's is 6-9K hp, compared with the 4-6 SD70/AC44 or other comparable modern power from CSX @ any one given point at 16K hp or better, its kinda a win-win for PAR, unless someone screws up there is no associated maintenance and they have an extra 7K hp to play with.
But thats how I see it.