Originally Posted by
Hedley
Of the total number of aircraft, how many are NEO’s without engine issues? No domestic airline will likely be interested in any of the CEO aircraft, only those NEO’s without engine issues. I can’t see legacies interested in any of them since the conversion time/cost would be so great, so what does that leave? Frontier could be interested in unaffected NEO’s, but I don’t see them willing to buy the total just to get a few choice pieces. In a market that is currently oversupplied, what is to gain from any company buying the whole operation and dealing with a merger? What am I missing here?
Of the 123 NEOs they have, 75+ will be down for engine swaps come 2027.
Correct, no airlines in the US are interested in the CEOs, hence our last 4 or 5 sold went to Vietnam.
The 50 good NEOs we do have are either leased or heavily leveraged and fully encumbered.