As usual, the leasing companies are run from their spreadsheets. The hit in the real values of the ac would bury half of them. Let's be honest, their 225s and L2s are almost worthless these days. The economics of the SM class mean 90% of the capacity for 50% of the cost of an S92. They are a no brainer financially. Supply and demand will mean a whole heap of S92 coming idle in the next cycle of contract renewals. Those operators who can hand them back will do so. Those who own them will eat the balance sheet hit of idle assets.