Originally Posted by
Vokes55
To go from having older, owned and paid off 737s and 757s to a fleet of 100 new build A320/1s is a significant change to their operating model. Accept it. They operated as few as 19 flights on many Tuesdays and Wednesdays this Winter.
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I think you will find they bought 33 brand new 737-800s from Boeing back in 2016-17, one of the largest European holiday flight operator purchases of recent times. These aircraft are now heading for middle age. Meanwhile they have continued to buy secondhand mid-life aircraft of the same type as well, including this year, and of course also to lease in by the season aircraft from the open market, as required. Now they have a new Airbus fleet coming. It's an effective balance of new aircraft finance costs and older aircraft maintenance and other costs. It saw them through Lockdown better than most.