PPRuNe Forums - View Single Post - GF returns one of its A320 to Oasis
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Old 3rd Feb 2005, 08:08
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boiler
 
Join Date: Feb 2002
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Word has it that as the lease was expiring, GF was promissed the rate would not change and the lease was to be renewed. Then at the last minute Oasis raised it by almost 30% and imposed other terms (such as GF must pay them hald a million dollars when returning the aircraft). The lease on the other 2 a/c will expire next year I think, so at least it gives GF some time to plan what to do next.
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