Originally Posted by
markis10
I am not privy to details, all I hear is RQG (ex 2005 VH-VUF)is expected to leave soon, and that an attempt to source a replacement fell through from the US, maybe the potential lessor had a different view to some here re the status of the balance sheet, again not privy to details?
REX got bargain basement pricing on their initial 737s which were signed at the time when no one knew how the industry would recover from COVID. The fact that they have only been marginally profitable, at best, despite these super low prices makes you wonder how they are going to cope as prices now adjust up to market levels particularly as leasing companies will look at REX and load them up with a risk premium.