View Single Post
Old 06-18-2013 | 10:10 AM
  #45  
soon2bfo's Avatar
soon2bfo
Gets Weekends Off
 
Joined: Oct 2006
Posts: 410
Likes: 0
From: Right Seat... Forever
Default

Positions can be sold. It may just be an investment with the idea to sell positions to other carriers anywhere in the world (Asia). Pretty easy way to hold something worth billions that may potentially be worth millions in profit with minimal capitol investment.

I know a bizjet guy who bought a position with Cessna at the NBAA on a new CJ3 and sold it to somebody 6 months later who wanted a better position at a profit of $300,000. Not bad for paying $100,000 for something that was only on paper.
Reply