Quote:
Originally Posted by whatnext
So this is interesting but still murky. Who is Flair's senior lender whose affiliate bought 777 Partners' shares?
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I suspect this is the new shareholder
I suspect the existing leases on the 737s that were negotiated at favourable rates to Flair/777 Partners during COVID/the MAX grounding are probably worth more at current market rates now.
Maybe they let Flair fly them for the Canadian summer peak, the yank them when down season hits.