PPRuNe Forums - View Single Post - What's happening in CHC?
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Old 5th May 2016, 20:13
  #561 (permalink)  
Self loading bear
 
Join Date: Jun 2014
Location: Netherlands
Age: 54
Posts: 3,186
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Never feel sorry for the lessors!
They have calculated the risks into their lease tarif.
I bet Bristows could get a better lease than CHC!
The lessors are better in reading fiscal Year reports than us and saw it coming a long way.
The writing was on the wall for CHC for how long?
By not giving in for the last 6-9 months they have been given not only the lease terms of CHC but also of all idle aircraft of all other companies.
Now they have to give in on the CHC aircraft but can still wave off all others until they go into Ch 11.

Why would they not sell or re-lease again to CHC?
They set the tarifs with higher risk margin, and they get some more money out of an aircraft they already had covered in payment insurance and have sitting idle. It gives them even a handle to barter on some compensation for the other airframes.

If you still feel sorry for lessors then i advice to post on the Lliar forum.
(Lousy lessors in aviation rumours)

SLB
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