Cornish From United Kingdom, joined Feb 2005, 8187 posts, RR: 56 Reply 3, posted (7 years 6 months 1 week 4 days 13 hours ago) and read 1775 times:
Put simply, there is a view that FR got such a good deal from Boeing for its huge order for 737s, that the second hand value of the -800s on the open market is more than the price they originally paid for them. With that in mind it makes good financial sense if they can find a willing customer to sell some on.
It may well be that FR ordered far more aircraft than it ever believed it would require in order to do this...
Just when I thought I could see light at the end of the tunnel, it was some B*****d with a torch bringing me more work
Pe@rson From United Kingdom, joined Jan 2001, 18814 posts, RR: 54 Reply 4, posted (7 years 6 months 1 week 4 days 13 hours ago) and read 1733 times:
Seems like a logical step, Cornish, especially as a small airline could never secure such excellent deals, considering the economies of scale and bulk-buying discounts which large carriers can acquire. So, sell 'em on or lease 'em.
"Everyone writing for the Telegraph knows that the way to grab eyeballs is with Ryanair and/or sex."
MEA-707 From Netherlands, joined Nov 1999, 4117 posts, RR: 37 Reply 5, posted (7 years 6 months 1 week 4 days 13 hours ago) and read 1689 times:
plus their first 738s are "over engineered" with actual windowshades and seatpockets, while their standard newer "738-lite"s don't have these. So they can generate more money at another airline. Well the seatpockets is meant as a joke but I can imagine fitting or removing windowshades would cost quite a bit. I doubt they will get more for them then they originally paid, otherwise Boeing would feel stupid and humiliated seeing Ryanair undercutting their prices, but for sure they get a good price for them with the 8 years depreciation taken into account, and also seeing the popularity of any (second hand) 737ng's on the market.
nobody has ever died from hard work, but why take the risk?
Gofly From United Kingdom, joined Dec 2004, 1727 posts, RR: 47 Reply 7, posted (7 years 6 months 1 week 4 days 12 hours ago) and read 1582 times:
Quoting Pe@rson (Reply 6): And you reckon that matters? I don't think that 99.9% of the population would ever hear of it all anyway. Besides, WE - geeky fans - probably won't hear the actual paid-for prices.
Exactly, I doubt Boeing will lose much sleep over it either.
Quoting Cornish (Reply 3): Put simply, there is a view that FR got such a good deal from Boeing for its huge order for 737s, that the second hand value of the -800s on the open market is more than the price they originally paid for them. With that in mind it makes good financial sense if they can find a willing customer to sell some on.
It that's correct, it would be more of a shock if FR didn't sell them on. Seems like too good a deal to miss.
Living the high life on my ex-Airliners.net Moderator pension...
Shamrocka330 From Ireland, joined Sep 2005, 283 posts, RR: 0 Reply 10, posted (7 years 6 months 1 week 4 days 10 hours ago) and read 1297 times:
I read somewhere (probably here!) that these early 737-800s are soon due one of the large and costly maintanence checks that all aircraft face at certain stages of their life. Maybe the airline wants rid of these aircraft rather than face these costs.