FlyComAirJets
Well-known member
- Joined
- Mar 13, 2002
- Posts
- 323
theo said:Unfortunatly, I think most leases run 15 years minimum...so any renegotiation is
probably years away from happening....minus a bankruptcy filing of course.
Again, I'd have to say the advantage goes to the entity that leases the aircraft. Usually negotiations begin well before it runs out. As the span of a lease reaches its end, GE Credit or whomever, can't easily just whisk the aircraft away to some other airline. Not in this day and age, at least. Most likely, they are going to have to renegotiate the lease. Yeah, I know, that is what happened on a small scale at Independence but with hundreds of RJs out there, it gives the upper hand to the operators me thinks.