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Old 8th Aug 2003, 03:54
  #12 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
Posts: 15,026
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I am sure Jet2 achieved amazingly low leases for their aircraft.

So did everyone else this year.

Thats not a unique selling proposition. O Leary's 737-800's bought under floating dollar lease terms are now laughably cheap. Easy's Airbuses bought prior to the Euros recent rise now look cheap enough to live in.

Cost of aircraft and cost of fuel are generally not a competitive advantage in the industry for more than 6 months.

After that its all down to operating costs, load factor and yields.

Which out of Leeds in February mid-week may prove decisive. If they can make it work then great. The travelling public benefit form a new service and crew benefit from having another employer competing for their services.

Cheers

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