Originally Posted by
Band a Lot
the opening statement in this article ...........
"Would you believe that over 102,000 commercial passenger flights circle over our heads every day? These planes alone cost somewhere between $70 million and $404 million dollars, and are operated by just a handful of airlines" doesn't seem to take into a/c that used aircraft sometimes go very cheaply (sure their maintenance costs are higher) like MD80's/F100's for $1-2 million. Allegiant Air(USA) boasted how little they paid for each MD80, due to glut in the market & at one time, they even bother flying them, on days like Tuesday, when low demand, whereas new aircraft had to be worked hard. There were a lot of old aircraft flying around WA last time I looked. No MD80's, but plenty of Fokkers/Dash 8's etc. which were mainly long in the tooth.
Imagine the Jetgo ERJ's must also be cheap to lease due to the apparent glut of them parked in deserts in USA.