Beer Can Dreaming,
I hear QF is quite happy with the
VB spares logistics management, I understand that the amount of spares that
VB orders from QF is sufficent to pay for all of QF's NG spares.
For
VB its not such a silly thing either, if you don't have a lot of day to day cash, it makes sense to pay a premimum for parts but not having a lot of tied up capital sitting one the ground. To use your figures, 40 ac x 5 mil, thats either a lot of parts, or a could be more aircraft you could have online to generate revenue or run into hangar doors.