I am told that a reasonable respray at Air Livery SEN costs about £15000 - £18000 for a B737. As so many companies start up, dissapear and rebrand it must be a good earner. I must assume that it is tax deductable. In addition on return to lessor the a/c have to be returned in most cases to an all over white livery. Presently at SEN there are two ex Air Malta 737-200 newly US registered and in brilliant white just to tb parked out in the desert.
On top of all this cost is the loss of the a/c for however many days it takes.