When you own your own aircraft you can park them up
That in effect does cost you in terms of an idle depreciating asset. I would interested to know the terms of the leaseback in terms of minimum contracted hours / rates etc. i.e. fly these airframes at the minimum and flog the ones you still own as part of the capacity reduction - as mentioned previously there are also tax / banking issues that come into the equation. Are there any REAL (not tsalta) aviation accountants here that know these issues in any depth ?
Oh wait what am I saying! That's like asking for real pilots on Pprune!
(Specks of gold in avalanche of dust!)
I have heard talk of redeployment of
VB ac/ to PB for near SE Asia flying (Singers etc.)