Agree with 3* - all is not well. Note TPG / David Bonderman are significant inestors in RYR and they (TPG) have taken some awful hits lately - one loss alone in the last few weeks was $1b on one of the trashed American Banks. They may be unloading shares or something else is at work at RYR. Note that the shuffling of aircraft on and off the balance sheet will almost certainly have to come to an end and RYR's own $'s will have to be used to pay for the aircraft from Boeing and not some 'Icelandic' style lessors