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Old 13th November 2024 | 08:38
  #912 (permalink)  
ebt
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Joined: Feb 2006
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From: Perth
Originally Posted by neilalmighty
Now they want the new owner to buy a brand new fleet. It really cant be that hard. Fix the planes that are grounded & flying again and sell it on. They may get 5-10 years out of them. No one is going to pay 300M for rex.
They never said they were buying a new fleet - the money will help get the existing grounded aircraft back up in the air. EY have probably found that if there is any chance of getting some cash flow, they need to get those aircraft back up and running to have a viable network.

Still doesn't mean that you'll get someone buying it though. But the AFR reports that one bidder was keen and shown the door, so that's interesting.
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