Originally Posted by
45989
Doubtful.. Short sectors and high cycles,. Most older ryr {mostly leased} aircraft have gone to Korea. Jeju, T'Way etc
All the aircraft were bought as owned aircraft, they then sold on to Lease co in a Sale and Leaseback deal. So buying a 738 for say €25 M, sell to lease co for €35 M, lease for 7 years, lease co sell on at a profit. Everybody makes money as Ryanair realise benefit of purchasing at low cost.