Originally Posted by
markis10
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Meanwhile lease rates for the 737 are climbing with a 18 year old 737-800 going from a low of Q4 2021 of USD80k per month to USD150k per month currently,
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I've seen financing news quoting $US200-280,000 (AUD 294-412,000) a month range for -800 lease rates depending on the age. I'd be surprised if Rex got any of the last three relatively low-time jets for under $US240,000 a month, and likely much higher than that. Suffice to say that the notion that a very small operator, with a flaky P&L, paying in Pacific Pesos would be getting preferential rates is a fantasy.
We'll get a bit of a line of sight on the numbers when the half-year results get posted in a couple of months, so stand by to standby.