Quote:
Sometime I think Easyjet and Ryanair make a lot of money bulk buying planes on the cheap and reselling them after 3-5 years.
Actually Easy make the money much quicker than that. They pay Airbus for a brand-new A319 at Hamburg (at a very low purchase price) and IMMEDIATELY sell it on to a leasing company at a considerable profit! ...and then immediately lease it back.
Didn't Air Europe do the same thing?
