- Jun 30, 2004
- Total Time
I find it interesting that JB owns the engines. Are they not on an engine program with GE to mitigate some of this expense-exposure? In an airline op, it would seem to make sense to lease the engines...
Correct on all of the above. JB is trying to get into a power-by-the-hour mtx agreement with GE, but I'm guessing that won't be cheap since GE is aware of all the problems.