Originally Posted by
jethro_027
Spot on. Given the paucity of this type, allowing QF or QQ to get their hands these airframes at fire sale prices would be lunacy. Unless the commercial terms were lucrative, denying the use of these assets may well be the smarter strategic choice.
The airframes are essentially worthless without RR engine support, VARA has struggled with sourcing serviceable Tays.
Was under the impression VARA Fokkers are owned not leased.
Who knows how lucrative the resources contracts actually are. Tendered by the same people that sent VAH broke with a often proclaimed 1 billion cash reserve, and paid Karl (an employee) $9million when they bought Velocity back.
The administrator couldn’t find that fabled $1 billion CASH and had to run to the federal government asking for a bailout.