Originally Posted by
CincoDeMayo
They don’t want the planes. Nobody wants the lot of Spirit planes, it’s why over 20 are sitting in the desert without a buyer. People are thinking it’s years past where airlines were scrambling for any lift they could find.
Not only is that not the case, but there currently is too much domestic capacity in the market. Nobody wants the planes with the exception of F9 who is finding them in a position of grow or die. LGA slots have value. Besides that, nobody wants to take on non fuel efficiency CEOs, problem NEOs and the cost to reconfigure them.
We’re paying the leases on them…they can’t just sell them. It’s a legally binding contract that cannot be amended or voided until we default unless both parties agree to do so. Basics of contracts…