Airlines and the Credit Crunch...

Real aviation things here. News, items of interest, information, questions, etc!

Airlines and the Credit Crunch...

Postby C » Sun Nov 09, 2008 8:27 am

Aerial photo's from the Daily Mail of Lasham, normally a home for an airliner being serviced, or occasionally scrapped.

How many 737NGs?


http://www.dailymail.co.uk/news/article-1083888/Pictured-The-graveyard-credit-crunched-budget-airlines-send-unwanted-passenger-jets.html
User avatar
C
Colonel
Colonel
 
Posts: 11977
Joined: Mon May 19, 2003 1:04 pm
Location: Earth

Re: Airlines and the Credit Crunch...

Postby Rich H » Sun Nov 09, 2008 12:57 pm

Why don't they just sell them on to someone who wants them?
Image

"Politics" is made up of two words, "Poli", which is Greek for "many", and "tics", which are blood sucking insects. - Gore Vidal
User avatar
Rich H
Major
Major
 
Posts: 2017
Joined: Mon Jun 02, 2008 11:40 am
Location: Solihull, U.K.

Re: Airlines and the Credit Crunch...

Postby C » Sun Nov 09, 2008 1:23 pm

Why don't they just sell them on to someone who wants them?


Maybe the small fact that no airline can afford to take the risk of expanding their fleets at this second.
User avatar
C
Colonel
Colonel
 
Posts: 11977
Joined: Mon May 19, 2003 1:04 pm
Location: Earth

Re: Airlines and the Credit Crunch...

Postby MWISimmer » Sun Nov 09, 2008 1:37 pm

The comments amaze me...

I would like to see Ryanair jets there


Well, like them or lump them, they have a business model that means they're unlikely to end up there...

Some people just don't like a successful airline..

::)
MWISimmer
 

Re: Airlines and the Credit Crunch...

Postby Hagar » Sun Nov 09, 2008 2:00 pm

The comments amaze me...

I would like to see Ryanair jets there

Doesn't say a lot for your average Daily Mail reader. ::) ;)

Before anyone says anything I used to be one myself. :-[ :D
Last edited by Hagar on Sun Nov 09, 2008 2:45 pm, edited 1 time in total.
Image

Founder & Sole Member - Grumpy's Over the Hill Club for Veteran Virtual Aviators
Member of the Fox Four Group
My Google Photos albums
My Flickr albums
User avatar
Hagar
Colonel
Colonel
 
Posts: 30864
Joined: Wed Jun 19, 2002 7:15 am
Location: Costa Geriatrica

Re: Airlines and the Credit Crunch...

Postby expat » Sun Nov 09, 2008 2:58 pm

Why don't they just sell them on to someone who wants them?


Maybe the small fact that no airline can afford to take the risk of expanding their fleets at this second.



That and they can't until the creditors have decided to what to do with them, providing the company owns the aircraft. It they are leased, then they will go back to the leasing company, checked over and leased out again providing someone wants them............unlikely with the 737-300. Which then makes me ask where the Daily Mail gets it's information from. A 737-300 at $35 million, more like $3,50 ;D You can pick up a second hand 757 for $12 to $15 million.
I have three 737-300's sat outside the hanger I work in. We are getting them ready to return to the leasing company. Surplus to requirements and hight mileage. The 737 Classic is slowly getting ready to depart from this world and if you watch Discovery Channel, be turned in to mobile phones and Audi's. Saying that, one or two may end up on Mythbusters ;D



Matt
Last edited by expat on Sun Nov 09, 2008 3:03 pm, edited 1 time in total.
"A bit of a pickle" - British translation: A catastrophically bad situation with potentially fatal consequences.

PETA Image People Eating Tasty Animals.

B1 (Cat C) licenced engineer, Boeing 737NG 600/700/800/900 Airbus A318/19/20/21 and Dash8 Q-400
1. Captain, if the problem is not entered into the technical logbook.........then the aircraft does not have a problem.
2. And, if you have time to write the fault on a napkin and attach to it to the yoke.........you have time to write it in the tech log....see point 1.
User avatar
expat
Lieutenant Colonel
Lieutenant Colonel
 
Posts: 8679
Joined: Tue Apr 19, 2005 3:06 am
Location: Deep behind enemy lines....


Return to Real Aviation

Who is online

Users browsing this forum: No registered users and 524 guests