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Old 5th Aug 2020, 08:22
  #569 (permalink)  
LGW Vulture
 
Join Date: Nov 2001
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Andy D

I like this little snippet from that report:

"One aircraft engine will be removed from the overdraft facility. This will allow the airline to use it as security for a further $30 million loan. (Yes, aircraft engines are so expensive – around $50 million in fact – that you only need one as security for a $30m loan!)"

I know the media and aviation are not the best bedfellows - but this takes some beating!!
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