Hey Guv,
I agree with your depreciation cost comparison between the new A330s and older, but still flyable L-1011s (I like the L15s). Some carriers continue to use Tristars effectively - I believe Air Transat still uses them - and it will fill them now that C3 is gone.
Still no word on Novair from you - are they bust? Are the A330s VG Airlines will use being wet-leased from Novair (i.e., Novair crews)? What's the word with Novair, Guv?
Cheers