PPRuNe Forums - View Single Post - REX to transition to ATRs, start domestic jet ops
Old 3rd May 2021, 09:50
  #1021 (permalink)  
Australopithecus
 
Join Date: Dec 2013
Location: Weltschmerz-By-The-Sea, Queensland, Australia
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$60K AUD per month is dirt cheap. In 1990 a 737 cost $300,000/ month. Interest rates on commercial leases were (I think) 11%

Figure out if you'd be happy to get that kind of return on a $100 million asset. (I know, I know...they’re old aircraft but since 737s are only really good for about 20 years, you really would need about $7 million/yr average to break even. (Back of the envelope calcs)

I wonder if they are paying for engine time separately?



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