Originally Posted by
Bluesteal
I think they are just selling and then leasing them from the new owner... 25 planes arent leaving property, in other words its just a paper transaction
It’s not just a paper transaction. They’re in so much debt AND losing money every Q. They’re pulling a Mesa Airlines maneuver where they can’t afford to pay back their own debt so they’re selling planes just to lease back. kicking the can down the road essentially. Fortunately JetBlue should help salvage the airline.