Radar Contact, I believe THY will only be leasing the Jet 777s for 6 months dry then 25 months wet. That's until they start taking delivery of their own 777s starting in October 2010. On the other hand we have leased them for 6 months dry then 36 months dry. Our original Airbus deal had taking delivery on A330-300s starting May 2010-that since has been revised to even earlier. So I am sure you can see that it seems a bit unreasonable for us to be leasing them especially since it is a totally new type for us & we will not be getting any of our own in the future.
Also THY got a far better deal than us!!!