Originally Posted by
getaway
this is NOT tiger/jetstar. Rex already have existing customer base & 50 plus aircraft. Virgin/Qantas will no longer get ANY rex regional passengers connecting to trunk routes.
Why would lease fees creep up ? If they are smart, they would lock in long cheap leases. What other choice do aircraft owners have ?
Wonder if they are hedging any fuel ? Of course that costs money, but can save a lot of money too. Southwest were huge on hedging fuel & it was said all their profits one year recently, were from hedging fuel.
Leases are 60k a month per aircraft. Not sure what pre covid prices were.