PPRuNe Forums - View Single Post - REX to transition to ATRs, start domestic jet ops
Old 30th Jun 2020, 10:01
  #62 (permalink)  
exfocx
 
Join Date: Nov 2017
Location: australia
Posts: 172
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MickG015

"​​​​​​... lessors willing to provide $AUD30 million for 15 of Rex's fleet of 60 unencumbered Saab 340 aircraft ..."

I think you may have stumbled across someone's cunning plan. If what someone else said is correct ( value 700k each) and they get financing for 30m, what's the likelihood that the financing is done via a tax haven and the inflated lease costs are sucking up a large slab of any profit tax free.
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