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Posted On: 06/24/2017 6:05:55 PM
Post# of 41414
Most of the time airlines actually lease the engines that go on the aircraft . The agreement will cover a certain maximum number of cycles [takeoffs and landings] and a specified time period.They don't buy them. Why the rent on them was not paid I don't know. I do believe they will negotiate a much, much lower price. Maybe also including Logistics in a further lease agreement and almost call it a wash.
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