PPRuNe Forums - View Single Post - 20 buyers now circling Virgin Australia
View Single Post
Old 28th Jun 2020, 13:27
  #488 (permalink)  
PoppaJo
 
Join Date: Feb 2011
Location: Oz
Age: 68
Posts: 1,913
Received 295 Likes on 124 Posts
The A320s are all leased. Tiger only had 10 year lease terms, then they re negotiated extensions. I think the F100s are owned. The 90s build A320s can be scrapped.

The 737 can do all the mining contracts. Probably more profitable too once you take the cost base of VARA away and all it’s associated silos.
PoppaJo is offline