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Old 30th Sep 2014, 09:32
  #4 (permalink)  
nowherespecial
 
Join Date: Jun 2005
Location: nowhere special
Posts: 470
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Big push to get EC225 back to work from everyone who was affected by the grounding. It is taking some time.

Better to have an idle L/L1/L2 than an idle EC225 (most of which are leased not owned - thus you pay if you use it or not). EC225 lease payments for 6 months is probably worth the same as the total $ value of an L, 10 months for an L2.

Secured revenue against a cost (leasing the EC225) is better than a $ write down on an owned asset (most of the L type fleets came from a time before leasing was the flavour of the month).
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